CHALICE MINING LIMITED — Share Issue/Capital Change 2022

Jul 6, 2022

Application for quotation of +securities

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Announcement Summary

Entity name

CHALICE MINING LIMITED

Announcement Type

New announcement

Date of this announcement

Thursday July 07, 2022

The +securities to be quoted are:

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Other

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
CHN	ORDINARY FULLY PAID	4,557,053	07/07/2022

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

CHALICE MINING 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

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

7/7/2022

Application for quotation of +securities

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Application for quotation of +securities

Part 2 - Type of Issue

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2.1 The +securities to be quoted are:

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Other

2.2 The +securities to be quoted are:

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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?

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No

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

Fully paid ordinary shares (Shares) issued to CPU Share Plans Pty Limited as trustee for the Chalice Mining Shares Trust (Trust) in connection with the vesting of the 2019/20 Performance Rights. The approved issue of the Shares and the subscription for those Shares by the Trust occurred contemporaneously.

2.4 Any on-sale of the +securities to be quoted within 12 months of their date of issue will comply with the secondary sale provisions in sections 707(3) and 1012C(6) of the Corporations Act by virtue of: An applicable ASIC instrument or class order

Application for quotation of +securities

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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

CHN : ORDINARY FULLY PAID Issue date 7/7/2022 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

4,557,053

Are the +securities being issued for a cash consideration?

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Yes

In what currency is the cash consideration being paid? What is the issue price per +security? AUD - Australian Dollar AUD 3.77410000

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

Issue of fully paid ordinary shares to CPU Share Plans Pty Limited as trustee of the Chalice Mining Share Trust ("Trust") for the purpose of meeting the Trust's obligations in connection with any exercise of the vested 2019/20 Performance Rights with an expiry date of 30 June 2023. Issue price is based on the 5 day VWAP prior to the date of issue.

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
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	6,055,064
CHNAD : OPTION EXPIRING 19-FEB-2024 EX $6.7119	150,000

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

Application for quotation of +securities

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Application for quotation of +securities

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Part 5 - Other Listing Rule requirements

5.1 Are the +securities being issued under an exception in Listing Rule 7.2 and therefore the issue does 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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Application for quotation of +securities

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