CHARGER METALS NL — Share Issue/Capital Change 2021

Oct 13, 2021

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

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Announcement Summary

Entity name

CHARGER METALS NL

Date of this announcement

Thursday October 14, 2021

The +securities the subject of this notification are: Other

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	Unquoted Options exercisable at $0.60 on or	1,000,000	13/10/2021
to be confirmed	before 13 October 2024

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

CHARGER METALS NL

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

61646203465

1.3 ASX issuer code

CHR

1.4 The announcement is

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New announcement

1.5 Date of this announcement

14/10/2021

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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

Please specify

Issue of Unquoted Options for investor relations and marketing services.

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

New +securities ASX +security code +Security description New class - code to be confirmed Unquoted Options exercisable at $0.60 on or before 13 October 2024 +Security type ISIN code Options Date the +securities the subject of this notification were issued 13/10/2021 Will all the +securities issued in this class rank equally in all respects from their issue date? Yes Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1? No

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

The options have an exercise price of $0.60 on or before 13 October 2024

Options Details +Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.60000000 13/10/2024 Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option Other Description Ordinary Fully Paid Shares Any other information the entity wishes to provide about the +securities the subject of this notification

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

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Please provide any further information needed to understand the circumstances in which you are notifying the issue of these +securities to ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B

The options were issued on the same day as the mandate was entered into for the issue the options.

Issue details Number of +securities 1,000,000 Were the +securities issued for a cash consideration? No Please describe the consideration being provided for the +securities The options were issued in lieu of cash fees under an investor relations and marketing mandate. Purpose of the issue To pay for services rendered Additional Details

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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
CHR : ORDINARY FULLY PAID	32,031,035
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
CHRAA : ORDINARY FULLY PAID RESTRICTED	2,700,000
CHRAB : ORDINARY FULLY PAID RESTRICTED	2,550,000
CHRAC : ORDINARY FULLY PAID RESTRICTED	13,150,000
CHRAD : OPTION EXPIRING 09-JUL-2024 RESTRICTED	200,000
CHRAE : OPTION EXPIRING 09-JUL-2024 RESTRICTED	1,000,000
CHRAF : OPTION EXPIRING 09-JUL-2024 RESTRICTED	4,800,000
New class - code to be confirmed : Unquoted Options exercisable at $0.60 on or before 13	1,000,000
October 2024

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? No

5.2 Has the entity obtained, or is it obtaining, +security holder approval for the issue under listing rule 7.1? No

5.2b Are any of the +securities being issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1? Yes

5.2b.1 How many +securities are being issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1?

1,000,000

5.2c Are any of the +securities being issued without +security holder approval using the entity's additional 10% placement capacity under listing rule 7.1A (if applicable)? No

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