WALKABOUT RESOURCES LTD (WKT)

The company releases a letter to shareholders. The DOCA proponent and Deed Administrators have agreed to extend the deadline for completing the Final Conditions Precedent and waive the Report to creditors, resulting in a postponed Deed Administrator's Report.

The deed of company arrangement for WKT Subsidiaries was actually executed on 19 December 2024, and Walkabout Resources' report to creditors is due to be issued by 18 March 2025.

The company releases a letter to shareholders. The Receivers conducted a sales campaign for Walkabout Resources and WKT subsidiaries, resulting in five Expressions of Interest. Only one proposal was considered by creditors, a DOCA proposal submitted by Gemcorp Fund I Limited. The companies executed the DOCAs, and the Administrators were appointed as Joint and Several Deed Administrators. The next steps include a sales process for residual assets and a meeting of creditors to determine the DOCA's validity.

The Administrators of the company rely on relief granted under ASIC Corporations Instrument 2015/251, which allows for the deferral of financial reporting obligations for a minimum of 6 months from the date of appointment. This relief extends to 24 months if the Administration continues beyond 6 months. Additionally, the AGM of Walkabout Resources is deferred until at least 2 months after the financial reporting relief ceases, with the AGM not being held on 28 November 2024 as previously scheduled.

The company's securities were suspended due to breach of Listing Rule 12.2 due to the financial condition of the company. The suspension will continue until ASX determines compliance with the rules and if WKT's securities can be reinstated to quotation, pending an announcement on their senior debt financing facility.

On 12 November 2024, Jeremy Nipps and Tom Birch of Cor Cordis were appointed joint and several Voluntary Administrators of Walkabout Resources Limited.

The securities of Walkabout Resources Ltd will be suspended from quotation immediately under Listing Rule 17.2, at the request of WKT, pending the release of an announcement regarding an update on the senior debt financing facility.

The suspension of trading in the securities of Walkabout Resources Ltd is expected to be lifted from the commencement of trading on Thursday, 1 December 2022 following the completion of a capital raising and satisfaction of ASX's conditions for reinstatement.

The company releases the following: Statement of Confirmations, Top 20 shareholders and Distribution Schedule.

The Company has raised A$16.6 million through its non-renounceable entitlement issue. WKT received valid applications for entitlements and oversubscriptions from existing shareholders of A$11.54 million and investors entered into commitments to raise a further A$5.06 million through the placement of shortfall pursuant to the Entitlement Issue. The Company is focused on completing construction of its high-grade, large-flake and high-margin Lindi Jumbo graphite mine in Tanzania. The Company requires a further US$10 million to complete the construction of the Lindi Jumbo Graphite Mine.

The company lodges its reissued Annual Report 2022.

In relation to the previously announced breach, ASX advised the company that an acceptable remedy would be for the breach shares to be transferred via off-market transfer to unrelated parties of the company. Unrelated parties have now purchased, via off-market transfers from Mr. Finnimore, all 3,636,364 breach shares for $0.11 per share, being the rights issue price.

The company releases the results of its meeting.

The company releases its AGM Presentation.

The company releases the Chairman's Address to Shareholders.

The company releases a Supplementary Prospectus.

As part of the process of reinstatement, the company has identified that certain shares allocated and issued at $0.11 under the shortfall to the entitlement offer were issued to a related party of WKT, without obtaining shareholder approval, in breach of ASX Listing Rule 10.11. The allocation was made inadvertently as a result of an administrative oversight in the course of applying the shortfall allocation policy. The Company notes that the shortfall allocation policy was applied consistently across all holders however recognises that the party below ought to have been excluded from that allocation under the shortfall policy. Peter Finnimore: 3,636,364, $400,000. The Company is currently considering the appropriate remedial action it proposes to take in the circumstances and, once confirmed, will present a proposal for remedial action to ASX for its consideration.

The company releases an Appendix 2A.

The company requests a voluntary suspension extension to the company's securities until the earliest of the company releasing an announcement concerning the suspension itself or the commencement of trading on 18 November 2022.

The Company requests a voluntary suspension extension, pending an announcement regarding the drawdown of the CRDB project debt. The Company has yesterday evening received from ASX the specific conditions that will be required to be satisfied in order for the Company to recommence trading. The Company believes it can satisfy each of these conditions in a timely manner and intends to recommence trading as soon as possible following satisfaction of these conditions. The voluntary suspension to remain until the earliest of the Company releasing an announcement concerning the suspension itself or the commencement of trading on Thursday, 10 November 2022.

The company lodges its Quarterly Activities Report and Quarterly Cash Flow Report.

The company's AGM will be held at 3:00 PM (WST) on 29 November 2022 at Level 1, Suite 9, 110 Hay Street, Subiaco WA. A letter regarding the AGM had also been sent to the company's shareholders.

The voluntary suspension to remain until the earliest of the Company releasing an announcement concerning the suspension itself or the commencement of trading on Wednesday, 2 November 2022.

The voluntary suspension to remain until the earliest of the Company releasing an announcement concerning the suspension itself or the commencement of trading on Wednesday, 26 October 2022.

The voluntary suspension to remain until the earliest of the Company releasing an announcement concerning the suspension itself or the commencement of trading on Wednesday, 25 October 2022.

The voluntary suspension will remain until the earliest of the Company releasing an announcement concerning the suspension itself or the commencement of trading on Tuesday, 18 October 2022.

The company has extended the issue date of new shares under the company's non-renounceable entitlement issue while it is applying o the ASX to have the suspension of its shares lifted on completion of the Entitlement Issue. The company is taking all action necessary to expedite this process. The company has identified an error in its "Entitlement Issue Results" announcement released to the ASX on 30 September 2022. The information contained in bullet point one of the highlights section on page 1 of the announcement stating "1:10 Entitlement Issue oversubscribed" was included as a result of an inadvertent oversight and is not accurate. As a result the company retracts this statement.

The company lodges the following: Annual Report 2022, Corporate Governance Statement and Appendix 4G - Corporate Governance.

1:10 Entitlement Issue oversubscribed. In excess of 75% of the minimum capital raise has been achieved before the placement of any shortfall. A total of $11,540,782 raised through the issue of 104,916,200 shares (including current oversubscriptions). A further $865,000 has already been committed by directors and others into the shortfall placement. As advised in its Investor Presentation released to ASX on 9th September, Walkabout Directors subscribed for a total of $1,600,000 equating to approximately 10% of the Minimum Subscription and approximately 5% of the Maximum Subscription. Applications from existing shareholders for additional shares have been accepted in full by the Company. The Lead Manager to the Offer, Canaccord Genuity (Australia) Limited , and Corporate Advisor, Brentridge Capital Pty Ltd, will be conducting a shortfall bookbuild on Monday 3rd October and Tuesday 4th October. Proceeds to be used for the completion of the construction of the Lindi Jumbo Graphite mine within the second quarter of 2023. Given the delays in completing debt drawdown, the maximum raise is shortest route to positive cash flow from Lindi Jumbo.

The voluntary suspension to remain until the earliest of the Company releasing an announcement concerning the suspension itself or the commencement of trading on Monday, 10 October 2022.

The Company has now received a response from CRDB regarding a specific alternative to the SBLC which was presented to the bank in late July as additional security to enable full drawdown of the US$20 million debt facilty. CRDB has advised that a SBLC remains "the best security that the bank can depend on". Therefore, there has been no material change to the status of the CRDB debt drawdown process, and the Company will continue to keep the market informed of any updates on this issue. The Company is also in ongoing discussions with CRDB around the amount of cash collateral CRDB required for full drawdown of the facility.This continues to be an ongoing point of discussion with CRDB on which the Company is seeking confirmation.

The company releases an updated notice of proposed issue of securities.

As a consequence of the National Day of Mourning on Thursday, 22 September 2022, in conjunction with pre-existing public holidays in Victoria on Friday, 23 September 2022 and Western Australia on Monday, 26 September 2022 impacting settlement and allotment processes, the Directors have resolved to extend the Closing Date of the Rights Issue. Accordingly the Company wishes to advise that it has extended the Closing Date of the Rights Issue from 20 September 2022 to 28 September 2022

The company releases an Investor Presentation.

The company releases a supplementary prospectus.

The Company will be hosting a webcast to provide shareholders with relevant information relating to their recently announced Rights Issue, in which the Company is seeking to raise up to A$33.17 Million for the completion of mine construction at the Lindi Jumbo graphite project in Tanzania. The event will be hosted via a live, online platform, with the session commencing from 1:00 PM AEST (11:00 AM AWST) on Friday, September 9, 2022. Webcast link: https://event.webcasts.com/starthere.jsp?ei=1568985&tp_key=d7d933269f.

The company releases an Investor Presentation.

The company releases a notification regarding unquoted securities.

The Company's Pro-Rata Non-Renounceable Entitlement Issue Prospectus lodged with the ASX on 24 August 2022 has been despatched to shareholders today "“ Thursday, 1 September 2022.

The Company requests a voluntary suspension extension, pending an announcement regarding the drawdown of the CRDB project debt. The voluntary suspension to remain until the earliest of the Company releasing an announcement concerning the suspension itself or the commencement of trading on Wednesday, 28 September 2022.

The company issues an entitlement issue prospectus for a pro-rata non-renounceable entitlement issue of two (2) Shares for every three (3) Shares held by those Shareholders registered at the Record Date at an issue price of $0.11 per Share to raise up to $33,166,842.

The company releases a notice of proposed issue of securities.

The company to offer Walkabout shareholders the entitlement to participate in a Rights Issue to raise up to A$33.17 million. Proceeds fund the completion of construction at the Lindi Jumbo graphite mine currently under construction in Tanzania. Groundworks, including plant civils and construction of the tailings storage facility is currently at approximately 60% completion. Eligible shareholders will have the ability to apply for additional New Shares over and above their respective entitlements.

The Company requests a voluntary suspension extension, pending an announcement regarding the drawdown of the CRDB project debt. The voluntary suspension to remain until the earliest of the Company releasing an announcement concerning the suspension itself or the commencement of trading on Wednesday, 31 August 2022.

The company lodges its Appendix 5B - Quarterly Cash Flow Report.

The company lodges its Quarterly Activities Report.

Binding Sales, Purchase and Marketing Agreement for the full nameplate capacity of the Lindi Jumbo Mine. Term of the Agreement is for five years. The average realised pricing of graphite concentrate will be more influenced by short term market movements while still having some longer duration.

First blast successfully completed in the starter pit area of the Lindi Jumbo graphite mine. Commencement of first high-grade, responsibly sourced graphite stockpile in Tanzania, ready for commissioning of the processing plant. The Mine now has grid power with the Tanzanian Electrical Supply Company (TANESCO) completing installation of the 33kV powerline and the 4.5MW line underway, just 3km short of the mining licence. Processing plant civil works ~83% complete, with Jinpeng's engineering crew constructing the fine ore bin and thickner.

All assay results received and interpreted for maiden scout drilling programme of 1,676m completed at the Blackcraig Pb-Zn-Ag project. Stand out assay results include: 12.4% Zn, and 3.7 g/t Ag over 0.8m from 56.2m down hole (BCRDD-009); 1.3% Pb and 0.19% Zn over 4.71 m from 91m down hole (BCRDD-002) including: 4.9% Pb and 0.40% Zn over 1.02m from 94.69m. Blackcraig is part of a series of prospects named the "Scotland Projects", comprising three Mines Royal Options with the Crown Estate Scotland covering 744km2 in Dumfries and Galloway. Blackcraig, a historic Pb-Zn mine, is part of a larger 4.5km trend of historic workings in the area and may form part of a much larger mineralised system. Drill assay results support the high-grade nature of the prospects in the area and warrant further interpretation and exploration follow up.

Construction activities are continuing at Lindi Jumbo, in addition to the nearing of completion of the manufacture and acquisition of major processing equipment in China. This is despite the delayed drawdown of the USD20 million project debt facility through CRDB Bank Plc announced on 6 June 2022. Established and trusted relationships with all major contractors have seen the continuation of works while the last condition precedent (CP) for debt drawdown is being finalised. Development progress on the ground is more than 50% complete against the construction schedule. TANESCO, the Tanzanian Electrical Supply Company, has commenced connection of the Lindi Jumbo site to the national grid and provided written confirmation of the planned sufficient supply of grid power for the entire operation, expected to result in a significant reduction in operating costs. Offtake negotiations have continued with a focus on finalising the key commercial terms including pricing and off-take profile.

The company requests that the voluntary suspension of its securities remain in place until the earliest of the company releasing an announcement regarding the drawdown of the CRDB project debt or the commencement of trading on 4 August 2022.

The company advises a delay in the drawdown of the USD20 million project debt facility through CRDB Bank for construction of its Lindi Jumbo Graphite Mine in Tanzania.

The securities of Walkabout Resources Ltd will be suspended from quotation immediately under Listing Rule 17.2, at the request of WKT, pending the release of an announcement regarding the drawdown of the CRDB project debt.

The suspension of trading in the securities of Walkabout Resources Ltd will be lifted immediately, following the release by WKT of an announcement regarding a capital raising.

The company releases a notice of Proposed issue of Securities - WKT.

The Company has received firm commitments to raise A$6.4 million (before expenses) led by Institutional investors in Australia in Stage 1 of its Companion Equity process. This initial tranche of project funding allows the Company to mobilise the major contracts to commence construction of the Lindi Jumbo Graphite project in Tanzania. A revised construction schedule has been adopted to better match the expected timing of further equity contributions. The Company intends to offer Walkabout shareholders the ability to purchase new shares by means of a Rights Issue on the same terms as the Institutional Placement to raise up to A$7.6m. This will facilitate stage 2 of the Companion Equity process. Aitken Murray Capital Partners (AMCPS) and Fosters Stockbroking Pty Ltd (FSB) were appointed as joint lead managers and bookrunners of the Offer.

The voluntary suspension is expected to remain in place until the earliest of the company releasing an announcement regarding a capital raising, or the commencement of trading on 12 May 2021.

The securities of Walkabout Resources Ltd will be suspended from quotation immediately under Listing under Listing Rule 17.2, at the request of WKT, pending the release of an announcement regarding a capital raising.

we understand that on or about this date the company consolidated its shares 1 for 23

we understand that on or about this date the company consolidated its shares 1 for 23

The suspension of trading in the securities of Walkabout Resources Limited will be lifted immediately following the release of an announcement regarding a share placement and share purchase plan. Security Code: WKT

Walkabout Resources Ltd announces that it has successfully completed a private placement of 67,500,000 fully paid ordinary shares at a price of 0.32 (0.32c) cents per share to shareholders, raising approximately $216,000 as interim funding.

The securities of Walkabout Resources Limited (the "Company") will be suspended from official quotation immediately at the request of the Company, pending the release of an announcement. Security Code: WKT

name changed from Nimrodel Resources Limited