CHALICE MINING LIMITED — Share Issue/Capital Change 2023

Feb 6, 2023

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

Tuesday February 07, 2023

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
CHNAJ	RETENTION RIGHTS	50,739	01/02/2023
CHNAI	PERFORMANCE RIGHT	121,775	01/02/2023

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

7/2/2023

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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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has an existing ASX security code ("existing class")

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

ASX +security code and description

CHNAI : PERFORMANCE RIGHT

Date the +securities the subject of this notification were issued

1/2/2023

Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class 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
Michael Nelson	Gemsa Investments Pty Ltd Family A/C>	121,775

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 Chalice Mining Limited Employee Securities Incentive Plan is contained in Schedule 6 to the 2022 Notice of Annual General Meeting Explanatory Memorandum (Notice) lodged with the ASX on 21 October 2022. A copy of the Notice is available at https://www.asx.com.au/asxpdf/20221021/pdf/45glpz013k676d.pdf

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

Each Performance Right is an entitlement to receive one fully paid ordinary share in Chalice Mining Limited (ASX code:CHN), provided the relevant performance and vesting conditions are satisfied. Refer to the announcement titled "Issue of Performance and Retention Rights" lodged with the ASX, 5 September 2022, for details of the performance and vesting conditions.

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

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Issue details

Number of +securities

121,775

ASX +security code and description

CHNAJ : RETENTION RIGHTS

Date the +securities the subject of this notification were issued

1/2/2023

Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class 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
Michael Nelson	Gemsa Investments Pty Ltd Family A/C>	50,739

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 Chalice Mining Limited Employee Securities Incentive Plan is contained in Schedule 6 to the 2022 Notice of Annual General Meeting Explanatory Memorandum (Notice) lodged with the ASX on 21 October 2022. A copy of the Notice is available at https://www.asx.com.au/asxpdf/20221021/pdf/45glpz013k676d.pdf

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

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

The Retention Rights will only vest if the continued service vesting condition attaching to them (as outlined in the ASX announcement) is satisfied.

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Issue details

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Number of +securities

50,739

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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	376,447,194
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
CHNAJ : RETENTION RIGHTS	702,308
CHNAI : PERFORMANCE RIGHT	3,232,108
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)

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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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