BPM MINERALS LIMITED — Share Issue/Capital Change 2021

Dec 20, 2021

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

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Announcement Summary

Entity name

BPM MINERALS LIMITED

Date of this announcement

Tuesday December 21, 2021

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
BPMAG	PERFORMANCE RIGHTS	1,950,000	21/12/2021

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

BPM MINERALS 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

60644263516

1.3 ASX issuer code

BPM

1.4 The announcement is

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New announcement

1.5 Date of this announcement

21/12/2021

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
09-Nov-2021 18:55	New - Proposed issue of securities -	A placement or other type of issue
	BPM

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

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 BPMAG : PERFORMANCE RIGHTS Date the +securities the subject of this notification were issued 21/12/2021 Any other information the entity wishes to provide about the +securities the subject of this notification Issue details

Number of +securities 1,950,000 Were the +securities issued for a cash consideration? No Please describe the consideration being provided for the +securities

To provide performance linked incentive component in the remuneration package of Directors

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 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
BPM : ORDINARY FULLY PAID	39,761,500
BPMO : OPTION EXPIRING 11-SEP-2025	24,638,512
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
BPMAB : ORDINARY FULLY PAID RESTRICTED	9,300,000
BPMAD : OPTION EXPIRING 11-SEP-2025 RESTRICTED	13,800,001
BPMAG : PERFORMANCE RIGHTS	3,225,000
BPMAH : OPTION EXPIRING 09-SEP-2022 EX $0.40	250,000
BPMAF : PERFORMANCE SHARES	2,000,000

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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