APC MINERALS LIMITED — Share Issue/Capital Change 2021

Dec 16, 2021

Application for quotation of +securities

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Announcement Summary

Entity name

AUSTRALIAN POTASH LIMITED

Announcement Type

New announcement

Date of this announcement

Friday December 17, 2021

The +securities to be quoted are:

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+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
APC	ORDINARY FULLY PAID	5,962,500	17/12/2021

Refer to next page for full details of the announcement

Application for quotation of +securities

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Application for quotation of +securities

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Part 1 - Entity and announcement details

1.1 Name of entity

AUSTRALIAN POTASH LIMITED

We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules.

1.2 Registered number type

ACN

Registration number 149390394

1.3 ASX issuer code

APC

1.4 The announcement is

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New announcement

1.5 Date of this announcement

17/12/2021

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Application for quotation of +securities

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Part 2 - Type of Issue

2.1 The +securities to be quoted are:

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+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B

Previous Appendix 3B details:

Announcement Date and	Announcement Title	Selected Appendix 3B to submit quotation
Time		request
02-Nov-2021 10:00	New - Proposed issue of securities -	An offer of +securities under a +securities
	APC	purchase plan

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

Shareholder approval for issue of the shares associated with the second tranche of the placement announced on 2 November 2021 was received on 15 December 2021. The shares are expected to be issued on or around 22 December 2021.

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Application for quotation of +securities

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Part 3A - number and type of +securities to be quoted where issue has previously been notified to ASX in an Appendix 3B

Corporate Action Component Detail

ASX +security code and description

APC : ORDINARY FULLY PAID

Issue date

17/12/2021

Distribution Schedule

Provide a distribution schedule for the new +securities according to the categories set out in the left hand column - including the number of recipients and the total percentage of the new +securities held by the recipients in each category.

Total percentage of +securities held For example, to enter a value of 50% please input as 50.00

Number of +securities held Number of holders 1 - 1,000 % 1,001 - 5,000 % 5,001 - 10,000 % 10,001 - 100,000 % 100,001 and over %

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Application for quotation of +securities

Issue details

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Number of +securities to be quoted

5,962,500 Issue currency Issue price or consideration per +security AUD - Australian Dollar AUD 0.08000000 Any other information the entity wishes to provide about the +securities to be quoted

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Application for quotation of +securities

Part 4 - Issued capital following quotation

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Following the quotation of the +securities the subject of this application, the issued capital 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 on ASX following the +quotation of the +securities subject of this application)

	Total number of
ASX +security code and description	+securities on issue
APC : ORDINARY FULLY PAID	753,370,847

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
APCAC : PERFORMANCE RIGHTS	8,052,796
APCAE : OPTION EXPIRING 29-JUL-2023 EX $0.175	1,500,000
APCAB : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	1,277,496
APCAD : OPTION EXPIRING 15-APR-2022 EX 25C	1,787,865

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