BPM MINERALS LIMITED — Share Issue/Capital Change 2021

Jul 15, 2021

Application for quotation of +securities

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Announcement Summary

Entity name

BPM MINERALS LIMITED

Announcement Type

New announcement

Date of this announcement

Friday July 16, 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
BPM	ORDINARY FULLY PAID	4,312,500	15/07/2021
BPMO	OPTION EXPIRING 11-SEP-2025	2,437,500	15/07/2021

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

BPM MINERALS 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 644263516

1.3 ASX issuer code

BPM

1.4 The announcement is

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New announcement

1.5 Date of this announcement

16/7/2021

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 19-May-2021 10:03 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?

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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

Deferred consideration - 1,875,000 shares and 1,875,000 options BPMO

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 BPM : ORDINARY FULLY PAID

Issue date

15/7/2021

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

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Issue details

Number of +securities to be quoted

4,312,500

Are the +securities being issued for a cash consideration?

• No

• Please describe the consideration being provided for the +securities - Consideration for acquisition of Earaheedy tenements - 1.875m shares - Facilitation fee - 562,500 shares - Investor awareness - 1.875m shares

Please describe the consideration being provided for the +securities

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted 0.200000

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

ASX +security code and description

BPMO : OPTION EXPIRING 11-SEP-2025

Issue date

15/7/2021

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

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Issue details

Number of +securities to be quoted

2,437,500

Are the +securities being issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

• Consideration for acquisition of Earaheedy tenements - 1.875m options

• Facilitation fee - 562,500 options

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

• 0.010000

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
BPM : ORDINARY FULLY PAID	35,411,500
BPMO : OPTION EXPIRING 11-SEP-2025	14,172,202

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
BPMAA : ORDINARY FULLY PAID RESTRICTED	2,250,000
BPMAB : ORDINARY FULLY PAID RESTRICTED	9,300,000
BPMAD : OPTION EXPIRING 11-SEP-2025 RESTRICTED	13,800,001
BPMAE : OPTION EXPIRING 11-SEP-2025 RESTRICTED	2,966,310

Application for quotation of +securities

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