Notice of Upcoming Expiry of Listed Options
Released
Released
Announcement PDF
ASX:3DA
ASX Announcement
24 October 2025
Notice of Upcoming Expiry of Listed Options
……………………………………………………………………………………………………………
Amaero Ltd (ASX:3DA, OTC:AMROF) (“Amaero” or the “Company”) advises that the attached letter has
been sent to registered holders of listed options (ASX: 3DAO) (“Options”) which are exercisable at $0.18 on or
before 5:00pm (AEDT) on 2 December 2025 (“Expiry Date”).
Official quotation of the Options on ASX will cease at close of trading on Wednesday 26 November 2025, being
four business days before the Expiry Date.
Holders of the Options can exercise all or part of their Options prior to the Expiry Date by providing the Company
a completed written exercise notice specifying the number of Options being exercised and, if not utilising the
cashless exercise option, a payment of funds for the total exercise price for the number of Options being
exercised.
This announcement has been authorised for release by the Board of Directors.
For further information, please contact:
Amaero Ltd
Hank J. Holland
Chairman and CEO
hank.holland@amaeroinc.com
Media & Investor Enquiries in Australia
Jane Morgan
Director
jm@janemorganmanagement.com.au
Media & Investor Enquiries in United States
Shannon Devine
MZ Group
amaero@mzgroup.us
About Amaero
Amaero Ltd (ASX:3DA, OTC:AMROF) is an ASX-listed company with manufacturing and corporate
headquarters located in Tennessee, U.S. Amaero is a leading U.S. domestic producer of high-value refractory
and titanium alloy powders for additive and advanced manufacturing of components utilised by the defense,
space, and aviation industries. The technical and manufacturing team brings decades of experience and know-
how with pioneering work in gas atomization of refractory and titanium alloys. The Company has commissioned
advanced gas atomization technology with an industry leading yield of AM powder. The Company is also a
leader in PM-HIP (Powder Metallurgy Hot Isostatic Pressing) manufacturing of large, near-net-shape powder
parts with forged-equivalent material properties and microstructure for a variety of alloys. PM-HIP manufacturing
is helping alleviate the strained domestic supply chain for large scale castings and forgings.
For more information
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ASX Announcement
24 October 2025
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Visit our investor website: https://www.amaeroinc.com
Amaero Ltd ACN 633 541 634
www.amaeroinc.com
Postal and Registered Office: Level 37, 180 George Street, Sydney NSW 2000
24 October 2025
Dear Option holder,
Notice of Expiry of Listed Options (ASX: 3DAO) – IMPORTANT INFORMATION – ACTION REQUIRED
We are writing to you as a registered holder of listed options (ASX:3DAO) (“Options”) in Amaero Ltd (“Amaero”
or the “Company”) to remind you that the Options will expire at 5:00pm (AEDT) on 2 December 2025 (“Expiry
Date”).
There is no obligation upon holders to exercise their Options. The courses of action available to you as a holder
of these soon to expire Options are:
a. Exercise your Options
If you wish to exercise your Options, you must complete the personalised Notice of Exercise of Options
form (“Exercise Notice”) form accompanying this letter and provide the completed Exercise Notice and,
if you are not utilising the cashless exercise option, payment of $0.18 per Option being exercised
according to the instructions on the Exercise Notice.
Your completed Exercise Notice and payment (in cleared funds) must be received by no later
than 5:00pm (AEDT) on the Expiry Date. Instructions regarding methods of exercise and
payment are included in the Exercise Notice.
b. Sell your Options
Please note that official quotation of the Options on ASX will cease at close of trading on Wednesday
26 November 2025, four business days before the Expiry Date.
c. Do nothing and allow your Options to expire
If you do not exercise or sell your Options in the manner described above, they will expire at 5:00pm
(AEDT) on the Expiry Date and your right to subscribe for fully paid ordinary shares in the capital of the
Company (“Shares”) at $0.18 per Share will lapse.
In accordance with clause 5.2 of Appendix 6A of the ASX Listing Rules, the Company provides the following
information:
a. the name of the holder of the Options, the number of Options held and the number of Shares to be
issued on exercise of the Options (being one Share for every Option held) is set out in the enclosed
personalised “Notice of Exercise of Options” accompanying this letter;
b. the number of listed Options on issue at current, and the number of fully paid ordinary shares in the
Company to be issued on the conversion of the Options is 31,921,323;
c. the exercise price of the Options is $0.18 per Option;
d. the Options must be exercised, and payment (in cleared funds) received by no later than 5:00pm
(AEDT) on 2 December 2025 (being the Expiry Date);
e. if you do not exercise (or sell) your Options in the manner described above, they will expire at 5:00pm
(AEDT) on the Expiry Date and your right to subscribe for Shares at $0.18 per Share will lapse;
f. official quotation of the Options on ASX will cease at close of trading on Wednesday 26 November
2025, being four business days before the Expiry Date;
g. the closing market price of Shares on ASX on 15 October 2025 was $0.285, being the latest available
market price of Shares on ASX prior to finalising this letter;
Amaero Ltd ACN 633 541 634
www.amaeroinc.com
Postal and Registered Office: Level 37, 180 George Street, Sydney NSW 2000
h. during the 3 months preceding the date of this letter:
• the highest market prices of Shares on ASX was $0.52 on 25 July 2025; and
• the lowest market prices of Shares on ASX was $0.285 on 15 October 2025;
i. as at the date of this letter, there are no underwriting agreements in relation to the Options.
If you have any questions in relation to any of the above, please contact the Company by email at
company.secretary@source.com.au
Yours faithfully
Laura Newell
Company Secretary
Amaero Ltd
Company.secretary@source.com.au
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