CULLEN RESOURCES LIMITED — Share Issue/Capital Change 2022

Dec 13, 2022

Application for quotation of +securities

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Announcement Summary

Entity name

CULLEN RESOURCES LIMITED

Announcement Type

New announcement

Date of this announcement

Wednesday December 14, 2022

The +securities to be quoted are:

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+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
CUL	ORDINARY FULLY PAID	16,666,666	14/12/2022

Refer to next page for full details of the announcement

Application for quotation of +securities

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Application for quotation of +securities

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Part 1 - Entity and announcement details

1.1 Name of entity

CULLEN RESOURCES LIMITED

We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules.

1.2 Registered number type

ABN

Registration number 46006045790

1.3 ASX issuer code

CUL

1.4 The announcement is

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New announcement

1.5 Date of this announcement

14/12/2022

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Application for quotation of +securities

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Part 2 - Type of Issue

2.1 The +securities to be quoted are:

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+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B

Previous Appendix 3B details:

Announcement Date and	Announcement Title	Selected Appendix 3B to submit quotation
Time		request
03-Oct-2022 09:18	New - Proposed issue of securities -	A standard +pro rata issue (non-renounceable)
	CUL

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?

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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

There are 38,028,200 shares still able to be placed by Directors within 3 months of the closing of the non-Renounceable rights which closed on 31 October 2022.

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Application for quotation of +securities

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Part 3A - number and type of +securities to be quoted where issue has previously been notified to ASX in an Appendix 3B

Corporate Action Component Detail

ASX +security code and description

CUL : ORDINARY FULLY PAID

Issue date

14/12/2022

Distribution Schedule

Provide a distribution schedule for the new +securities according to the categories set out in the left hand column - including the number of recipients and the total percentage of the new +securities held by the recipients in each category.

Total percentage of +securities held For example, to enter a value of 50% please input as 50.00

Number of +securities held Number of holders 1 - 1,000 % 1,001 - 5,000 % 5,001 - 10,000 % 10,001 - 100,000 % 100,001 and over %

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Application for quotation of +securities

Issue details

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Number of +securities to be quoted

16,666,666 Issue currency Issue price or consideration per +security AUD - Australian Dollar AUD 0.01200000

Any other information the entity wishes to provide about the +securities to be quoted Issue of part of the shortfall from the non-renounceable rights issue which closed on 31 October 2022.

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Application for quotation of +securities

Part 4 - Issued capital following quotation

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Following the quotation of the +securities the subject of this application, the issued capital 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 on ASX following the +quotation of the +securities subject of this application)

Total number of ASX +security code and description +securities on issue CUL : ORDINARY FULLY PAID 504,290,902 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 CULAC : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES 18,000,000

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

Application for quotation of +securities

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