Bayan Mining Unveils Loyalty Options to Reward Shareholders

Bayan Mining's Loyalty Options Offer

Bayan Mining and Minerals Limited (ASX – BMM) has announced a strategic loyalty options offer designed to reward its existing shareholders. Eligible shareholders will receive one loyalty option for every four shares they hold, at a nominal issue price of $0.001 per option. Each option can be converted into one fully paid ordinary share at an exercise price of $0.075, with an expiry date set for 6 December 2027.

This initiative serves as a dual-purpose tool – it incentivizes shareholder loyalty while providing the company with a potential avenue for capital raising. The low exercise price and extended expiry period offer shareholders a long-term opportunity to increase their stake in the company at a relatively modest cost.

Market Listing and Timetable

Bayan Mining plans to apply for official quotation of these loyalty options on the ASX, alongside existing unquoted options with similar terms. The company has provided an indicative timetable for the offer, starting with the lodgement of the prospectus with ASIC and ASX on 8 September 2025, followed by key dates including the record date on 12 September and the closing date on 26 September. Results and official listing applications are expected by early October.

Significantly, the timetable is subject to change at the company's discretion and contingent on regulatory approvals. The new class of listed options will initially trade on a deferred settlement basis until ASX confirms compliance with listing rules.

Strategic Implications

While the loyalty options offer is a common mechanism in the mining sector to maintain shareholder engagement, it also signals Bayan Mining's intent to strengthen its capital base without immediate dilution of share value. The exercise price of $0.075 suggests confidence in the company’s growth prospects, potentially encouraging shareholders to invest further if the company’s performance meets or exceeds expectations.

Executive Director Fadi Diab emphasized the company’s commitment to transparent communication throughout the offer process. Shareholders will receive detailed prospectus documentation outlining the terms and conditions, ensuring informed participation.

Overall, this loyalty options offer positions Bayan Mining to balance shareholder rewards with prudent capital management as it navigates the evolving mining landscape.