ALDORO RESOURCES LIMITED — Share Issue/Capital Change 2023

Oct 15, 2023

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Announcement Summary

Entity name

ALDORO RESOURCES LIMITED

Date of this announcement

Monday October 16, 2023

The +securities the subject of this notification are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B that are not quoted, and are not intended to be quoted, on ASX

Total number of +securities to be issued/transferred

		Total number of
ASX +security		+securities to be
code	Security description	issued/transferred	Issue date
ARNAJ	OPTION EXPIRING 09-SEP-2024 EX $0.30	11,576,897	16/10/2023

Refer to next page for full details of the announcement

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Part 1 - Entity and announcement details

1.1 Name of entity

ALDORO RESOURCES LIMITED

We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.

1.2 Registered number type

ABN

Registration number

31622990809

1.3 ASX issuer code

ARN

1.4 The announcement is

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New announcement

1.5 Date of this announcement

16/10/2023

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Part 2 - Issue details

2.1 The +securities the subject of this notification are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B that are not quoted, and are not intended to be quoted, on ASX

Previous Appendix 3B details:

Announcement Date and Announcement Title Selected Appendix 3B to submit quotation Time request 03-Oct-2023 13:58 New - Proposed issue of securities - A placement or other type of issue ARN

2.3a.2 Are there any further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B?

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Yes

2.3a.3 Please provide details of the further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B

The Shortfall Options of 11,880,367 Options are still to be issued. In addition, the 2,075,000 Director Options are still to be issued and are subject to shareholder approval.

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Part 3A - number and type of +securities the subject of this notification (existing class or new class) where issue has previously been notified to ASX in an Appendix 3B

Placement Details ASX +security code and description ARNAJ : OPTION EXPIRING 09-SEP-2024 EX $0.30 Date the +securities the subject of this notification were issued 16/10/2023 Any other information the entity wishes to provide about the +securities the subject of this notification The Company intends to apply for quotation of the options, subject to satisfying the ASX conditions for quotation. Issue details Number of +securities 11,576,897 Were the +securities issued for a cash consideration? Yes In what currency was the cash consideration being What was the issue price per +security? paid? AUD - Australian Dollar AUD 0.00500000

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Part 4 - +Securities on issue

Following the issue, conversion or payment up of the +securities the subject of this application, the +securities of the entity will comprise:

(A discrepancy in these figures compared to your own may be due to a matter of timing if there is more than one application for quotation/issuance currently with ASX for processing.)

4.1 Quoted +Securities (Total number of each +class of +securities quoted)

	Total number of
ASX +security code and description	+securities on issue
ARN : ORDINARY FULLY PAID	134,623,743
4.2 Unquoted +Securities (Total number of each +class of +securities issued but not quoted on ASX)
	Total number of
ASX +security code and description	+securities on issue
ARNAG : OPTION EXPIRING 09-SEP-2023 EX 23.4C	3,000,000
ARNAK : OPTION EXPIRING 09-SEP-2026 EX $0.25	18,855,714
ARNAI : OPTION EXPIRING 09-SEP-2023 EX $0.50	1,750,000
ARNAF : OPTION EXPIRING 09-SEP-2023 EX 17.5C	2,000,000
ARNAJ : OPTION EXPIRING 09-SEP-2024 EX $0.30	21,126,897

4.2 Unquoted +Securities (Total number of each +class of +securities issued but not quoted on ASX)

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

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