Celsius Resources Limited — Share Issue/Capital Change 2021

Sep 30, 2021

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

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Announcement Summary

Entity name

CELSIUS RESOURCES LIMITED.

Date of this announcement

Friday October 01, 2021

The +securities the subject of this notification are:

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+Other securities issued under an +employee incentive scheme that 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
New class - code	Performance Rights Milestone 1 (Completion of	4,250,000	20/09/2021
to be confirmed	Scoping Study for MCB) expiring 29 January 2022
New class - code	Performance Rights Milestone 2 (Completion of	3,600,000	20/09/2021
to be confirmed	Scoping Study for Sagay) expiring 30 December
	2022
New class - code	Performance Rights Milestone 3 (Mining Project	5,400,000	20/09/2021
to be confirmed	Feasibility for MCB) expiring 25 November 2022
New class - code	Performance Rights Milestone 4 (Mining Project	4,400,000	20/09/2021
to be confirmed	Feasibility for Sagay) expiring 11 August 2023

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

CELSIUS RESOURCES 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

95009162949

1.3 ASX issuer code

CLA

1.4 The announcement is

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New announcement

1.5 Date of this announcement

1/10/2021

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

Part 2 - Issue details

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2.1 The +securities the subject of this notification are:

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+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:

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does not have an existing ASX security code ("new class")

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 3C - number and type of +securities the subject of this notification (new class) where issue has not previously been notified to ASX in an Appendix 3B

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ASX +security code +Security description
New class - code to be confirmed Performance Rights Milestone 1 (Completion of Scoping
Study for MCB) expiring 29 January 2022
+Security type ISIN code
Other
Date the +securities the subject of this notification were issued
20/9/2021
Will all the +securities issued in this class rank equally in all respects from their issue date?
Yes
Were any of the +securities issued to +key management personnel (KMP) or an +associate?
No
Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being
issued.
Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme
or a summary of the terms
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02326812-6A1014268?access_token=8
3ff96335c2d45a094df02a206a39ff4
Any other information the entity wishes to provide about the +securities the subject of this notification
----- End of picture text -----

Issue details

Number of +securities

4,250,000

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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ASX +security code +Security description

New class - code to be confirmed Performance Rights Milestone 2 (Completion of Scoping Study for Sagay) expiring 30 December 2022

+Security type Other

ISIN code

Date the +securities the subject of this notification were issued

20/9/2021

Will all the +securities issued in this class rank equally in all respects from their issue date? Yes

Were any of the +securities issued to +key management personnel (KMP) or an +associate? No

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued.

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02326812-6A1014268?access_token=8 3ff96335c2d45a094df02a206a39ff4

Any other information the entity wishes to provide about the +securities the subject of this notification

Issue details

Number of +securities

3,600,000

ASX +security code

New class - code to be confirmed

+Security description

Performance Rights Milestone 3 (Mining Project Feasibility for MCB) expiring 25 November 2022

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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+Security type ISIN code
Other
Date the +securities the subject of this notification were issued
20/9/2021
Will all the +securities issued in this class rank equally in all respects from their issue date?
Yes
Were any of the +securities issued to +key management personnel (KMP) or an +associate?
No
Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being
issued.
Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme
or a summary of the terms https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02326812-6A1014268?access_token=8 3ff96335c2d45a094df02a206a39ff4
Any other information the entity wishes to provide about the +securities the subject of this notification

Issue details

Number of +securities

5,400,000

ASX +security code +Security description New class - code to be confirmed Performance Rights Milestone 4 (Mining Project Feasibility for Sagay) expiring 11 August 2023 +Security type ISIN code Other

Date the +securities the subject of this notification were issued

20/9/2021

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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Will all the +securities issued in this class rank equally in all respects from their issue date? Yes

Were any of the +securities issued to +key management personnel (KMP) or an +associate? No

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued.

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02326812-6A1014268?access_token=8 3ff96335c2d45a094df02a206a39ff4

Any other information the entity wishes to provide about the +securities the subject of this notification

Issue details

Number of +securities

4,400,000

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 CLA : ORDINARY FULLY PAID 1,047,228,081

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
CLAAC : OPTION EXPIRING 04-AUG-2023 EX $0.012	50,000,000
New class - code to be confirmed : Performance Rights Milestone 1 (Completion of Scoping	4,250,000
Study for MCB) expiring 29 January 2022
New class - code to be confirmed : Performance Rights Milestone 2 (Completion of Scoping	3,600,000
Study for Sagay) expiring 30 December 2022
New class - code to be confirmed : Performance Rights Milestone 3 (Mining Project	5,400,000
Feasibility for MCB) expiring 25 November 2022
New class - code to be confirmed : Performance Rights Milestone 4 (Mining Project	4,400,000
Feasibility for Sagay) expiring 11 August 2023

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 5 - Other Listing Rule requirements

5.1 Were the +securities issued under an exception in Listing Rule 7.2 and therefore the issue did not need any security holder approval under Listing Rule 7.1? Yes

5.1a Select the number of the applicable exception in Listing Rule 7.2

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