AUSTRALIAN VANADIUM LIMITED — Share Issue/Capital Change 2021

Aug 29, 2021

Application for quotation of +securities

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Announcement Summary

Entity name

AUSTRALIAN VANADIUM LIMITED

Announcement Type

New announcement

Date of this announcement

Monday August 30, 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
AVL	ORDINARY FULLY PAID	348,000,000	30/08/2021
AVLOA	OPTION EXPIRING 18-DEC-2022	348,000,000	30/08/2021

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 VANADIUM 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 90116221740

1.3 ASX issuer code

AVL

1.4 The announcement is

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New announcement

1.5 Date of this announcement

30/8/2021

Application for quotation of +securities

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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
26-Aug-2021 13:16	Update - Update - Proposed issue of	A placement or other type of issue
	securities - AVL

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? No

Application for quotation of +securities

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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

Placement Details

ASX +security code and description AVL : ORDINARY FULLY PAID

Issue date

30/8/2021

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
Number of +securities held	Number of holders	For example, to enter a value of 50%
		please input as 50.00
1 - 1,000		%
1,001 - 5,000		%
5,001 - 10,000		%
10,001 - 100,000		%
100,001 and over		%

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 348,000,000 Are the +securities being issued for a cash consideration? Yes In what currency is the cash consideration being paid? What is the issue price per +security? AUD - Australian Dollar AUD 0.02500000 Any other information the entity wishes to provide about the +securities to be quoted ASX +security code and description AVLOA : OPTION EXPIRING 18-DEC-2022 Issue date 30/8/2021 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
Number of +securities held	Number of holders	For example, to enter a value of 50%
		please input as 50.00
1 - 1,000		%
1,001 - 5,000		%
5,001 - 10,000		%
10,001 - 100,000		%
100,001 and over		%

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

348,000,000

Are the +securities being issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

Free attaching to issue of shares

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

1,740,000.000000

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

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Application for quotation of +securities

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Part 4 - Issued capital following quotation

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
AVL : ORDINARY FULLY PAID	3,280,825,481
AVLOA : OPTION EXPIRING 18-DEC-2022	534,071,428

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
AVLAB : PERFORMANCE RIGHTS	124,000,000
AVLAC : OPTION EXPIRING 30-SEP-2020 EX 2C	111,449,273
AVLAQ : ORDINARY PARTLY PAID TO 0.01C, 3.89C UNPAID	80,000,000
AVLAS : PERFORMANCE RIGHTS	35,116,525

Application for quotation of +securities

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