Capstone Copper Corp. — Capital/Financing Update 2024

Mar 11, 2024

Appendix 2A - Application for quotation of securities

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Announcement Summary

Entity name

CAPSTONE COPPER CORP.

Announcement Type

New announcement

Date of this announcement

Tuesday March 12, 2024

The +securities to be quoted are: Other

Please refer to the response to Q2.3d for further information about the type of securities to be quoted and the circumstances of the issue.

As a foreign exempt listing, CSC is not required to issue an Appendix 3B.

The securities are being issued pursuant to the offer contained in the Prospectus dated 6 March 2024, and released to ASX on that date.

Please see Prospectus dated 6 March 2024 for further information

Total number of +securities to be quoted

ASX +security Number of +securities to code Security description be quoted Issue date CSC CDI 1:1 FOREIGN EXEMPT TSX 10 12/03/2024

Refer to next page for full details of the announcement

Appendix 2A - Application for quotation of securities

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Appendix 2A - Application for quotation of securities

Part 1 - Entity and announcement details

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1.1 Name of entity

CAPSTONE COPPER CORP.

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

Registration number

ARBN 673751490

1.3 ASX issuer code

CSC

1.4 The announcement is

New announcement

1.5 Date of this announcement

12/3/2024

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Appendix 2A - Application for quotation of securities

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Part 2 - Type of Issue

2.1 The +securities to be quoted are:

Other

Please refer to the response to Q2.3d for further information about the type of securities to be quoted and the circumstances of the issue.

2.2 The +class of +securities to be quoted is:

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

• 2.3c Have these +securities been offered under a +disclosure document or +PDS? Yes

2.3c.1 Date of +disclosure document or +PDS?

6/3/2024

• 2.3d Please provide any further information needed to understand the circumstances in which you are applying to have these +securities quoted on ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B

As a foreign exempt listing, CSC is not required to issue an Appendix 3B.

The securities are being issued pursuant to the offer contained in the Prospectus dated 6 March 2024, and released to ASX on that date.

Please see Prospectus dated 6 March 2024 for further information

Appendix 2A - Application for quotation of securities

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Appendix 2A - 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 ASX +security code and description CSC : CDI 1:1 FOREIGN EXEMPT TSX

Issue date 12/3/2024

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

Number of +securities to be quoted 10 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 7.30000000 Any other information the entity wishes to provide about the +securities to be quoted

The purpose(s) for which the entity is issuing the securities

Other Please provide additional details

To ensure that "on sales" of any CDIs, transmuted from Shares issued by Capstone prior to the date of the Prospectus, have the benefit of the disclosure exemption in section 708A(11) of the Corporations Act.

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Appendix 2A - 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:

The figures in parts 4.1 and 4.2 below are automatically generated and may not reflect the entity's current issued capital if other Appendix 2A, Appendix 3G or Appendix 3H forms are 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)

+securities subject of this application)
	Total number of
ASX +security code and description	+securities on issue
CSC : CDI 1:1 FOREIGN EXEMPT TSX	40,010
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
CSCAA : OPTION EXPIRING VARIOUS PRICES EX VARIOUS DATES	4,421,368
CSCAB : TREASURY SHARE UNITS	3,229,716
CSCAC : NON TREASURY SHARE UNITS	1,305,051

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

Appendix 2A - Application for quotation of securities

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