CONSTELLATION RESOURCES LIMITED — Share Issue/Capital Change 2024

Apr 4, 2024

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Announcement Summary

Entity name

CONSTELLATION RESOURCES LIMITED

Date of this announcement

Friday April 05, 2024

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

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	$0.12 unlisted options expiring 31 March 2027	450,000	01/04/2024
to be confirmed
New class - code	$0.18 unlisted options expiring 31 March 2028	1,325,000	01/04/2024
to be confirmed
New class - code	$0.25 unlisted options expiring 31 March 2029	1,325,000	01/04/2024
to be confirmed

Refer to next page for full details of the announcement

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Appendix 3G - 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

CONSTELLATION RESOURCES 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 Registration number ABN 57153144211

1.3 ASX issuer code

CR1

1.4 The announcement is

New announcement

1.5 Date of this announcement

5/4/2024

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Appendix 3G - 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
28-Mar-2024 09:57	New - Proposed issue of securities -	A placement or other type of issue
	CR1

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

Shareholder approval is required for Directors and Officers to participate in the placement by subscribing for a total of 2,233,334 new shares and the grant of 4,650,000 unlisted incentive options.

The issue of 9,375,000 new shares to occur in a separate Appendix 2A.

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Appendix 3G - 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 new unquoted class of security Date the +securities the subject of this notification were issued 1/4/2024 Any other information the entity wishes to provide about the +securities the subject of this notification $0.12 unlisted options expiring 31 March 2027 Issue details Number of +securities 450,000 Were the +securities issued for a cash consideration? No Please describe the consideration being provided for the +securities The issue of incentive options to key consultants as part of their remuneration arrangements and to incentivise their performance.

ASX +security code and description new unquoted class of security Date the +securities the subject of this notification were issued 1/4/2024 Any other information the entity wishes to provide about the +securities the subject of this notification $0.18 unlisted options expiring 31 March 2028

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Issue details

Number of +securities 1,325,000 Were the +securities issued for a cash consideration? No Please describe the consideration being provided for the +securities

The issue of incentive options to key consultants as part of their remuneration arrangements and to incentivise their performance.

ASX +security code and description new unquoted class of security Date the +securities the subject of this notification were issued 1/4/2024 Any other information the entity wishes to provide about the +securities the subject of this notification $0.25 unlisted options expiring 31 March 2029 Issue details Number of +securities 1,325,000 Were the +securities issued for a cash consideration? No Please describe the consideration being provided for the +securities

The issue of incentive options to key consultants as part of their remuneration arrangements and to incentivise their performance.

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Part 3C - number and type of +securities the subject of this notification (new class)

ASX +security code New class - code to be confirmed	+Security description $0.12 unlisted options expiring 31 March 2027	+Security description $0.12 unlisted options expiring 31 March 2027
+Security type	ISIN code
Options
Date the +securities the subject of this notification were issued
1/4/2024
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. https://www.investi.com.au/api/announcements/cr1/a6339fd0-0d6.pdf
Options Details
+Security currency	Exercise price	Expiry date
AUD - Australian Dollar	AUD 0.12000000	31/3/2027

Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option

CR1 : ORDINARY FULLY PAID

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

Issue details

Number of +securities

450,000

ASX +security code +Security description New class - code to be confirmed $0.18 unlisted options expiring 31 March 2028

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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+Security type Options

ISIN code

Date the +securities the subject of this notification were issued

1/4/2024

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. - https://www.investi.com.au/api/announcements/cr1/a6339fd0 0d6.pdf

Options Details

+Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.18000000 31/3/2028

Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option

CR1 : ORDINARY FULLY PAID

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

Issue details

Number of +securities

1,325,000

ASX +security code +Security description New class - code to be confirmed $0.25 unlisted options expiring 31 March 2029 +Security type ISIN code Options Date the +securities the subject of this notification were issued 1/4/2024

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

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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

• https://www.investi.com.au/api/announcements/cr1/a6339fd0 0d6.pdf

Options Details

+Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.25000000 31/3/2029

Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option

CR1 : ORDINARY FULLY PAID

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

Issue details

Number of +securities 1,325,000

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Appendix 3G - 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 notification, the +securities of the entity will comprise:

The figures in parts 4.1 and 4.2 below are automatically generated and may not reflect the entity's current issued capital if other Appendix 2A, Appendix 3G or Appendix 3H forms are currently with ASX for processing.

4.1 Quoted +securities (Total number of each +class of +securities issued and quoted on ASX)

		Total number of
ASX	+security code and description	+securities on issue
CR1	: ORDINARY FULLY PAID	49,905,426

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
New class - code to be confirmed : $0.12 unlisted options expiring 31 March 2027	450,000
New class - code to be confirmed : $0.18 unlisted options expiring 31 March 2028	1,325,000
New class - code to be confirmed : $0.25 unlisted options expiring 31 March 2029	1,325,000

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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