Issued Capital

12 Months Ended

Jun. 30, 2023

Issued Capital [Abstract]

ISSUED CAPITAL

10. ISSUED CAPITAL

		Years Ended June 30,
	Notes	2023		2022		2021
(a) Issued Capital
2,439,897,618 (2022: 2,406,874,578) fully paid ordinary shares	10(b)		213,971,323		213,787,061		197,447,990
Nil (2022: Nil) options for fully paid ordinary shares	10(c)		-		-		-
			213,971,323		213,787,061		197,447,990

(b) Movements in Issued Shares

	June 30,
	2023				2022				2021
	No. of shares		A$		No. of shares		A$		No. of shares		A$
Beginning of the year		2,406,874,578		213,787,061		2,084,016,678		197,447,990		1,037,358,032		160,703,754
Movement during the year		33,023,040		184,262		322,857,900		16,339,071		1,046,658,646		36,744,236
End of the year		2,439,897,618		213,971,323		2,406,874,578		213,787,061		2,084,016,678		197,447,990

Details of share issuances are as follows:

Date	Details	Notes	Number		Issue Price		$
Year end June 30, 2020				176,520,600				4,071,118
July 2, 2020	Issue of shares under ATM Facility			47,646,000		0.033		1,562,055
October 23, 2020	Issue of shares to sophisticated and professional investors			271,251,007		0.037		10,036,287
November 24, 2020	Issue of shares to sophisticated and professional investors			674,694,939		0.037		24,963,713
February 11, 2021	Issue of shares under ATM Facility			53,066,700		0.050		2,674,831
June 30, 2021	Security issuance costs							(2,492,650	)
Year end June 30, 2021				1,046,658,646				36,744,236
July 2, 2021	Issue of shares under ATM Facility			322,857,900		0.053		17,176,040
June 30, 2022	Security issuance costs							(836,969	)
Year end June 30, 2022				322,857,900				16,339,071
September 21, 2022	Issue of shares under ATM Facility			9,543,840		0.0135		128,842
March 15, 2023	Issue of shares under ATM Facility			23,479,200		0.0080		187,834
June 30, 2023	Security issuance costs							(132,413	)
Year end June 30, 2023				33,023,040				184,262

(c) Terms and Conditions of Issued Capital

Ordinary shares

Ordinary shares have the right to receive dividends as declared and, in the event of a winding up of the Group, to participate in the proceeds from the sale of all surplus assets in proportion to the number of and amounts paid up on shares held. Ordinary shares entitle their holder to vote, either in person or by proxy, at a meeting of the Group’s shareholders.

Options

Option holders do not have the right to receive dividends and are not entitled to vote at a meeting of the Group’s shareholders. Options may be exercised at any time from the date they vest to the date of their expiration. Share options convert into ordinary shares on a one for one basis on the date they are exercised.

(d) Shares Issued after Reporting Date

No shares have been issued after the reporting date.