DALAROO METALS LTD — Share Issue/Capital Change 2022

Dec 14, 2022

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

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Announcement Summary

Entity name

DALAROO METALS LTD

Date of this announcement

Wednesday December 14, 2022

The +securities the subject of this notification are:

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+Other securities issued under an +employee incentive scheme that 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	CLASS 1 PERFORMANCE RIGHTS	1,300,000	14/12/2022
to be confirmed
New class - code	CLASS 2 PERFORMANCE RIGHTS	1,300,000	14/12/2022
to be confirmed
New class - code	CLASS 3 PERFORMANCE RIGHTS	1,300,000	14/12/2022
to be confirmed

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

DALAROO METALS 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

ABN

Registration number

23648476699

1.3 ASX issuer code

DAL

1.4 The announcement is

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New announcement

1.5 Date of this announcement

14/12/2022

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

Part 2 - Issue details

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2.1 The +securities the subject of this notification are:

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+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

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")

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 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

ASX +security code New class - code to be confirmed	+Security description CLASS 1 PERFORMANCE RIGHTS
+Security type	ISIN code
Other

Date the +securities the subject of this notification were issued 14/12/2022

Will all the +securities issued in this class rank equally in all respects from their issue date? Yes

Were any of the +securities issued to +key management personnel (KMP) or an +associate? Yes

Provide details of the KMP or +associates being issued +securities.

Name of KMP	Name of registered holder	Number of +securities
David Quinlivan	Borden Holdings Pty Ltd Superannuation Fund> - 50% Mr David Francis Quinlivan & Mrs Therese Marie Quinlivan - 50%	400,000
Robert Beeck	Wandella Investments Pty Ltd Wandella Super Fund A/C>	400,000
Harjinder Kehal	Sandaur Holdings Pty Ltd Family A/C>	500,000

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

Refer to 2022 Notice of Annual General Meeting and Explanatory Memorandum https://www.dalaroometals.com.au/asxan nouncements

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms

Refer to 2022 Notice of Annual General Meeting and Explanatory Memorandum https://www.dalaroometals.com.au/asxan nouncements

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

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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Issue details

Number of +securities 1,300,000

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----- Start of picture text -----

ASX +security code +Security description
New class - code to be confirmed CLASS 2 PERFORMANCE RIGHTS
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ASX +security code New class - code to be confirmed	+Security description CLASS 2 PERFORMANCE RIGHTS
+Security type	ISIN code
Other
Date the +securities the subject of this	notification were issued
14/12/2022
Will all the +securities issued in this class rank equally in all respects from their issue date?
Yes

Were any of the +securities issued to +key management personnel (KMP) or an +associate? Yes

Provide details of the KMP or +associates being issued +securities.

Name of KMP	Name of registered holder	Number of +securities
David Quinlivan	Borden Holdings Pty Ltd Superannuation Fund> - 50% Mr David Francis Quinlivan & Mrs Therese Marie Quinlivan - 50%	400,000
Robert Beeck	Wandella Investments Pty Ltd Wandella Super Fund A/C>	400,000
Harjinder Kehal	Sandaur Holdings Pty Ltd Family A/C>	500,000

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

Refer to 2022 Notice of Annual General Meeting and Explanatory Memorandum https://www.dalaroometals.com.au/asxan nouncements

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms

Refer to 2022 Notice of Annual General Meeting and Explanatory Memorandum https://www.dalaroometals.com.au/asxan nouncements

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

Issue details

Number of +securities

1,300,000

ASX +security code New class - code to be confirmed	+Security description CLASS 3 PERFORMANCE RIGHTS
+Security type	ISIN code
Other

Date the +securities the subject of this notification were issued

14/12/2022

Will all the +securities issued in this class rank equally in all respects from their issue date? Yes

Were any of the +securities issued to +key management personnel (KMP) or an +associate? Yes

Provide details of the KMP or +associates being issued +securities.

Name of KMP	Name of registered holder	Number of +securities
David Quinlivan	Borden Holdings Pty Ltd Superannuation Fund> - 50%	400,000

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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----- Start of picture text -----

Mr David Francis Quinlivan & Mrs
Therese Marie Quinlivan -
50%
Robert Beeck Wandella Investments Pty Ltd Wandella Super Fund A/C>
Harjinder Kehal Sandaur Holdings Pty Ltd Family A/C>
----- End of picture text -----

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

Refer to 2022 Notice of Annual General Meeting and Explanatory Memorandum https://www.dalaroometals.com.au/asxan nouncements

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms

Refer to 2022 Notice of Annual General Meeting and Explanatory Memorandum https://www.dalaroometals.com.au/asxan nouncements

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

Issue details

Number of +securities

1,300,000

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
DAL : ORDINARY FULLY PAID	29,875,000

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
DALAD : ORDINARY FULLY PAID RESTRICTED	24,125,000
DALAE : OPTION EXPIRING 24-SEP-2024 RESTRICTED	5,000,000
DALAF : OPTION EXPIRING 24-SEP-2025 RESTRICTED	8,000,000
New class - code to be confirmed : CLASS 1 PERFORMANCE RIGHTS	1,300,000
New class - code to be confirmed : CLASS 2 PERFORMANCE RIGHTS	1,300,000
New class - code to be confirmed : CLASS 3 PERFORMANCE RIGHTS	1,300,000

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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? Yes

5.2a Date of meeting or proposed meeting to approve the issue under listing rule 7.1

30/11/2022

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