CHARGER METALS NL — Capital/Financing Update 2021

Jul 6, 2021

==> picture [414 x 76] intentionally omitted <==

Pre-Quotation Disclosure

Charger Metals NL ( Company ) makes the following disclosures in accordance with ASX’s listing conditions.

Capitalised terms not defined have the meaning given in the Company’s prospectus dated 27 May 2021, including the Supplementary prospectus dated 17 June 2021.

Confirmation of Issue of securities

The Company confirms the issue of:

• (a) 30,000,000 Shares at an issue price of $0.20 each; and

• (b) 1,600,000 Lead Manager Options with an exercise price of $0.30 each and expiring on 9 July 2024 to Pamplona Capital Pty Ltd (or its nominee).

Restricted Securities

The Company confirms the following securities will be subject to restriction pursuant to the ASX Listing Rules for the period outlined below:

Class	Number	Restriction Period
Shares	13,150,000	24 Months from the date of official quotation (escrowed until 9 July 2023)
Shares	2,700,000	12 months from the date on which the shares were issued (escrowed until 7 January 2022)
Shares	2,550,000	12 months from the date on which the shares were issued (escrowed until 5 July 2022)
$0.30 Options expiring 9 July 2024	4,800,000	24 Months from the date of official quotation (escrowed until 9 July 2023)
$0.30 Options expiring 9 July 2024	200,000	12 months from the date on which the options were issued (escrowed until 8 February 2022)
$0.30 Options expiring 9 July 2024	1,000,000	12 months from the date on which the options were issued (escrowed until 5 July 2022)
Performance Securities	Up to 2,000,000	24 Months from the date of official quotation (escrowed until 9 July 2023)
Performance Securities	Up to 2,000,000	12 Months from the date of official quotation (escrowed until 9 July 2022)

==> picture [414 x 76] intentionally omitted <==

Capital Structure

The Company’s capital structure at the date of admission is:

The Company’s capital structure at the date of admission is:
Security	Number
Shares	50,400,001
$0.30 Options expiring 9 July 2024	6,000,000

Performance Securities

Vendor Performance Rights exist under the Acquisition Agreements for the issue of up to 4,000,000 Shares.

By order of the Board

Jonathan Whyte Company Secretary Charger Metals NL

==> picture [413 x 71] intentionally omitted <==

Pre-Quotation Disclosure

Charger Metals NL (ASX: CHR ) ( Charger or Company ) makes the following disclosures in accordance with ASX’s listing conditions.

Capitalised terms not defined have the meaning given in the Company’s prospectus dated 27 May 2021, including the Supplementary prospectus dated 17 June 2021.

Charger Metals NL confirms:

• the Company has satisfied all conditions precedent and completed the agreement between Charger and Lithium Australia NL ( LIT ) ( LIT Agreement ) for the acquisition of a 70% interest in tenements E63/1805, E63/1806, E63/1809, E63/1866, E63/1722, E63/1723, E63/1777, E70/5198, E70/5437, P70/1752, P70/1753, and EL30897 and a 100% interest in tenement E63/1903, including:

• a) the payment of the option fee of $30,000 to LIT;

• b) the issue of 9,600,000 shares to LIT; and

• c) the cash payment of $100,000 as reimbursement to LIT.

Charger Metals NL confirms:

• the Company has satisfied all conditions precedent and completed the agreement between Charger and Mercator Metals Pty Ltd ( Mercator ) ( Mercator Agreement ) for the acquisition of an 85% interest in tenement R70/59, including:

• a) the payment of the option fee of $15,000 to Mercator;

• b) the issue of 2,550,000 shares to Mercator; and

• c) the issue of 1,000,000 options to Mercator with a $0.30 exercise price and an expiry date of 8 July 2024.

Charger Metals NL confirms:

• There are no legal, regulatory, statutory or contractual impediments to Charger entering tenements E63/1805, E63/1806, E63/1809, E63/1866, E63/1722, E63/1723, E63/1777, E70/5198, E70/5437, P70/1752, P70/1753, EL30897 E63/1903 and R70/59 and carrying out exploration activities such that Charger will be able to spend its cash in accordance with its commitments for the purpose of Listing Rule 1.3.2(b).

By order of the Board

Jonathan Whyte

Company Secretary

Charger Metals NL

 www.chargermetals.com.au admin@chargermetals.com.au  +61 427 916 974

Street Address L3, 22 Railway Road Subiaco, WA 6008

Charger Metals NL ABN 61 646 203 465