Yandal Resources Limited (ASX:YRL) has applied to the ASX for quotation of 94,246,278 ordinary fully paid shares issued on 6 November 2026 at an issue price of AUD $0.075 per security, as part of a placement transaction previously announced to the market.

Key Points

  • 94,246,278 ordinary fully paid shares issued on 6 November 2026 at AUD $0.075 each applied for quotation on ASX
  • Securities form part of a placement previously notified to ASX via an Appendix 3B dated 30 October 2026
  • A further 25,753,722 Tranche 2 shares are to be issued on or about 18 December 2026, subject to shareholder approval at a meeting scheduled for 14 December 2026
  • Total quoted ordinary fully paid securities on issue following this quotation will be 476,886,164

Placement Tranche 1 Quotation Details

According to the filing, Yandal Resources has applied for ASX quotation of 94,246,278 ordinary fully paid shares, with an issue date of 6 November 2026 and an issue price of AUD $0.075 per security. The securities are being issued for cash consideration denominated in Australian dollars. The filing confirms the shares were issued as part of a placement or other type of issue, with the transaction previously disclosed to the market through an Appendix 3B lodged on 30 October 2026.

Tranche 2 Subject to Shareholder Approval at December Meeting

The filing discloses that a further 25,753,722 Tranche 2 shares are yet to be issued to complete the placement transaction. These shares are scheduled to be issued on or about 18 December 2026, subject to receipt of shareholder approval at a general meeting scheduled for 14 December 2026. The filing confirms that further issues of securities remain outstanding as part of the transaction referenced in the previously lodged Appendix 3B.

Issued Capital and Unquoted Securities Following Quotation

Following the quotation of the 94,246,278 shares, Yandal Resources discloses total quoted ordinary fully paid securities on issue of 476,886,164. The company also holds a range of unquoted options on issue, including 4,650,000 options expiring 30 November 2028 at an exercise price of $0.14, 2,750,000 options expiring 30 November 2029 at $0.30, and 3,350,000 options expiring 28 November 2027 at $0.35, among other unquoted option classes listed in the filing.