DALAROO METALS LTD — Share Issue/Capital Change 2024

Aug 22, 2024

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

==> picture [21 x 22] intentionally omitted <==

Announcement Summary

Entity name

DALAROO METALS LTD

Date of this announcement

Friday August 23, 2024

The +securities the subject of this notification are:

+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 4 PERFORMANCE RIGHTS 8,000,000 23/08/2024 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

1 / 6

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

==> picture [21 x 22] intentionally omitted <==

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 Registration number ABN 23648476699

1.3 ASX issuer code

DAL

1.4 The announcement is

New announcement

1.5 Date of this announcement

23/8/2024

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

2 / 6

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

==> picture [21 x 22] intentionally omitted <==

Part 2 - Issue details

2.1 The +securities the subject of this notification are:

+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:

does not have an existing ASX security code ("new class")

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

3 / 6

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

==> picture [21 x 22] intentionally omitted <==

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

==> picture [495 x 433] intentionally omitted <==

----- Start of picture text ----- ASX +security code +Security descriptionNew class - code to be confirmed CLASS 4 PERFORMANCE RIGHTS+Security type ISIN codeOtherDate the +securities the subject of this notification were issued23/8/2024Will all the +securities issued in this class rank equally in all respects from their issue date?YesWere any of the +securities issued to +key management personnel (KMP) or an +associate?YesProvide details of the KMP or +associates being issued +securities.Name of KMP Name of registered holder Number of +securitiesJoshua Gordon Joshua Gordon 4,000,000Bilal Ahmad Bilal Ahmad 4,000,000Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities beingissued.Refer to Notice of General Meeting and Explanatory Memorandum lodged with ASX on 18 July 2024 for meetingconducted on 19 August 2024. https://www.dalaroometals.com.au/_files/ugd/6e9842_81c0c83716174acba30cd3ff1ec1399b.pdfPlease provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive schemeor a summary of the termsRefer to Notice of General Meeting and Explanatory Memorandum lodged with ASX on 18 July 2024 for meetingconducted on 19 August 2024. https://www.dalaroometals.com.au/_files/ugd/6e9842_81c0c83716174acba30cd3ff1ec1399b.pdf----- End of picture text -----

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

Issue details

Number of +securities

8,000,000

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

4 / 6

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

==> picture [21 x 22] intentionally omitted <==

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
DAL : ORDINARY FULLY PAID	95,162,500
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
DALAI : OPTION EXPIRING 05-JUN-2025 EX $0.08	14,375,000
DALAH : PERFORMANCE RIGHTS	3,900,000
DALAE : OPTION EXPIRING 24-SEP-2024 EX $0.25	5,000,000
DALAF : OPTION EXPIRING 24-SEP-2025 EX $0.25	8,000,000
New class - code to be confirmed : CLASS 4 PERFORMANCE RIGHTS	8,000,000

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

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

5 / 6

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

==> picture [21 x 22] intentionally omitted <==

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

19/8/2024

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

6 / 6