Ann: Large Scale Drilling Program Commences at Ned's Creek, page-28

14/8/18 ann. Cut-off date is looming. Take note if you want to maintain your shares and haven't acted already.

LESS THAN MARKETABLE PARCEL SHARE SALE FACILITY - (my bold type emphasis)
The Directors of Lodestar Minerals Limited (ASX: LSR) (the Company) are pleased to announce details of a Share Sale Facility (Facility) for holders of less than a marketable parcel of the Company’s shares (defined in the ASX Listing Rules as a parcel of securities of not less than $500 in value) (Less than Marketable Parcel). Of the Company’s 5,121 shareholders, approximately 3,829 hold Less than Marketable Parcels, which represents approximately 1.12% of all issued shares.
A Less than Marketable Parcel of Company shares will be any registered shareholder of less than 18,519 shares on the Record Date. The Record Date for purposes of establishing holders of Less than Marketable Parcels has been set at 5pm WST on 13 August 2018.
The Company is providing the Facility to holders of Less than Marketable Parcels to sell their shares without incurring any costs that could otherwise make a sale of their shares uneconomic. In addition, the Company expects to reduce the administrative costs associated with maintaining a large number of small shareholdings.
The sale price will be equal to $0.023 – being the issue price of Company shares under the most recent capital raising completed in March 2018. Each shareholder who does not elect to retain their shareholding by way of completing and returning a Share Retention Form by 5.00pm (WST) on 1 October 2018 will have their shares sold through the Facility. Proceeds are expected to be distributed within fourteen days of the sale.
A summary of key dates in relation to the Facility are as follows: Event Date Less than Marketable Parcel Record Date 13 August 2018 at 5.00pm (Western Standard Time) Less than Marketable Parcel Announcement to ASX 14 August 2018 Letters sent to shareholders holding Less than Marketable Parcel 16 August 2018 Closing Date for receipt of Share Retention Forms 1 October 2018 at 5.00pm (Western Standard Time) ……………..

…..WHAT DO I NEED TO DO?

# If you wish to sell your shares through the Facility, you do NOT need to take any action. ..

# If you wish to retain your existing holding, then you must either:
a) Correctly complete, sign and return the enclosed Share Retention Form so that it is received by 5.00pm (WST) on 1 October 2018, being the Closing Date of this Facility; or
b) Arrange to have multiple holdings consolidated into the one holding which has 18,519 or more shares on the Closing Date; or
c) Make your own arrangements outside this Facility to purchase additional shares so that you are the registered holder of 18,519 or more shares within the one holding on the Closing Date.

If you successfully take one of these steps, the Company will not be entitled to sell your shares....