CLASSIC MINERALS LTD — Share Issue/Capital Change 2023

Apr 30, 2023

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

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Cancellation Summary

Entity name

CLASSIC MINERALS LTD

Announcement Type

Cancellation of previous announcement

Date of this announcement

Monday May 01, 2023

Reason for the cancellation

Duplicate lodgment in error

Refer to next page for full details of the announcement

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

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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

CLASSIC MINERALS LTD

We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.

1.2 Registered number type Registration number ABN 77119484016 1.3 ASX issuer code CLZ 1.4 The announcement is Cancellation of previous announcement

1.4c Reason for cancellation of previous announcement Duplicate lodgment in error

1.4d Date of previous announcement to this cancellation 30/4/2023

1.5 Date of this announcement

1/5/2023

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

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

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Part 2 - Issue details

2.1 The +securities the subject of this notification are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B that are not quoted, and are not intended to be quoted, on ASX

Previous Appendix 3B details:

Announcement Date and Announcement Title Selected Appendix 3B to submit quotation Time request 15-Dec-2022 12:53 Update - Update - Proposed issue of A placement or other type of issue securities - CLZ

2.3a.2 Are there any further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B? Yes

2.3a.3 Please provide details of the further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B

A number of note holders have yet to convert.

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

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

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Part 3A - number and type of +securities the subject of this notification (existing class or new class) where issue has previously been notified to ASX in an Appendix 3B

Placement Details

ASX +security code and description CLZAD : OPTION EXPIRING 01-DEC-2025 EX $0.025 Date the +securities the subject of this notification were issued 28/4/2023 Any other information the entity wishes to provide about the +securities the subject of this notification Issue details

Number of +securities 60,240,963 Were the +securities issued for a cash consideration? No Please describe the consideration being provided for the +securities Free attaching option - one option for every 2 shares issued.

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

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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
CLZ : ORDINARY FULLY PAID	5,426,261,841
CLZOA : OPTION EXPIRING 03-FEB-2024	63,670,019
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
CLZAR : OPTION EXPIRING 01-JUN-2025 EX $0.10	138,079,214
CLZAQ : PERFORMANCE RIGHTS	9,333,333
CLZAP : OPTION EXPIRING 01-JUN-2025 EX $0.18	126,071,784
CLZAD : OPTION EXPIRING 01-DEC-2025 EX $0.025	1,328,714,107
CLZAE : OPTION EXPIRING 25-JAN-2026 EX $0.01385	59,614,678

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

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

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