ARDEA RESOURCES LIMITED — Share Issue/Capital Change 2022

Dec 6, 2022

Application for quotation of +securities

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Announcement Summary

Entity name

ARDEA RESOURCES LIMITED

Announcement Type

New announcement

Date of this announcement

Wednesday December 07, 2022

The +securities to be quoted are:

+Securities previously issued under an +employee incentive scheme where the restrictions on transfer have ceased or are about to cease

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
ARL	ORDINARY FULLY PAID	1,765,000	07/12/2022

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

ARDEA RESOURCES 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

ABN

Registration number 30614289342

1.3 ASX issuer code

ARL

1.4 The announcement is

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New announcement

1.5 Date of this announcement

7/12/2022

Application for quotation of +securities

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Application for quotation of +securities

Part 2 - Type of Issue

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2.1 The +securities to be quoted are:

+Securities previously issued under an +employee incentive scheme where the restrictions on transfer have ceased or are about to cease

2.2 The +securities to be quoted are:

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Additional +securities in a class that is already quoted on ASX ("existing class")

Application for quotation of +securities

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Application for quotation of +securities

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Part 3B - number and type of +securities to be quoted (existing class) where issue has not previously been notified to ASX in an Appendix 3B

Additional +securities to be quoted in an existing class as a result of transfer restrictions ceasing on an existing class

FROM (Existing Class) ASX +security code and description ARLAJ : PERFORMANCE RIGHTS

TO (Existing Class) ASX +security code and description ARL : ORDINARY FULLY PAID

Please state the number of +securities previously issued under the	And the date the restrictions on
+employee incentive scheme where the restrictions on transfer have ceased	transfer have ceased or will cease
or are about to cease
1,765,000	1/12/2012

Issue date

7/12/2022

Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class?

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Yes

Application for quotation of +securities

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Application for quotation of +securities

Issue details

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Number of +securities to be quoted

1,765,000

Are the +securities being issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

Shares issued for Nil consideration following achievement of Performance Hurdles for the Class E, G and H Performance Rights

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted

0.855000

Any other information the entity wishes to provide about the +securities to be quoted

Application for quotation of +securities

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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
ARL : ORDINARY FULLY PAID	171,502,772
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
ARLAK : OPTION EXPIRING 08-DEC-2023 EX $0.75	4,000,000
ARLAJ : PERFORMANCE RIGHTS	6,793,000

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

Application for quotation of +securities

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