CHALICE MINING LIMITED — Share Issue/Capital Change 2022

Sep 4, 2022

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

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Announcement Summary

Entity name

CHALICE MINING LIMITED

Date of this announcement

Monday September 05, 2022

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	Retention Rights	697,270	05/09/2022
to be confirmed

Refer to next page for full details of the announcement

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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

CHALICE MINING 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

47116648956

1.3 ASX issuer code

CHN

1.4 The announcement is

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New announcement

1.5 Date of this announcement

5/9/2022

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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")

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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

ASX +security codeNew class - code to be confirmed	+Security descriptionRetention Rights
+Security type	ISIN code
Other

Date the +securities the subject of this notification were issued

5/9/2022

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? Yes

Provide details of the KMP or +associates being issued +securities.

Name of KMP	Name of registered holder	Number of +securities
Richard Hacker	Scythe Investments Pty Ltd <ATFHacker Family A/C>	80,128
Kevin Frost	Kevin Frost	72,872
Bruce Kendall	Shelley Kendall	72,872
Soolim Carney	Soolim Carney	67,837

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

A summary of the key terms of the Retention Rights is included in the announcement released to the ASX on 5 September 2022. A copy of the announcement is available at https://www.asx.com.au/asxpdf/20220905/pdf/45drrqwt3ds4 ss.pdf

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

A summary of the Employee Securities Incentive Plan is included in the 2021 Notice of Annual General Meeting Explanatory Memorandum (Notice) lodged with the ASX on 22 October 2021. A copy of the Notice is available at https://w ww.asx.com.au/asxpdf/20211022/pdf/451zzjddzk4tvk.pdf

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

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

Retention Rights will only vest if the continued service vesting conditions attaching to them (as outlined in the ASX announcement released to the ASX 5 September 2022 and available via the link above) have been satisfied.

Issue details

Number of +securities 697,270

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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
CHN : ORDINARY FULLY PAID	376,297,194
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
CHNAC : OPTION EXPIRING 30-JUN-2023 EX $2.1919	150,000
CHNAI : PERFORMANCE RIGHT	4,407,038
CHNAD : OPTION EXPIRING 19-FEB-2024 EX $6.7119	150,000
New class - code to be confirmed : Retention Rights	697,270

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

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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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