DALAROO METALS LTD — Share Issue/Capital Change 2024

Aug 22, 2024

Appendix 3G - 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

Friday August 23, 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	OPTION EXPIRING 23-AUG-2029	182,187,500	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

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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

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

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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
25-Jun-2024 17:22	New - Proposed issue of securities -	A placement or other type of issue
	DAL

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?

No

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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 23/8/2024 Any other information the entity wishes to provide about the +securities the subject of this notification Issue details Number of +securities 182,187,500 Were the +securities issued for a cash consideration? No Please describe the consideration being provided for the +securities Nil

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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 +Security description New class - code to be confirmed OPTION EXPIRING 23-AUG-2029 +Security type ISIN code Options Date the +securities the subject of this notification were issued 23/8/2024 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? Yes Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued. Terms and conditions of the options contained in Schedule 1 of the Explanatory Memorandum for the Notice of General Meeting that was conducted on 19 August 2024 https://www.dalaroometals.com.au/_files/ugd/6e9842_81c0c83716174ac ba30cd3ff1ec1399b.pdf +Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.03600000 23/8/2029

Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1? Yes

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

Terms and conditions of the options contained in Schedule 1 of the Explanatory Memorandum for the Notice of General Meeting that was conducted on 19 August 2024 https://www.dalaroometals.com.au/_files/ugd/6e9842_81c0c83716174ac ba30cd3ff1ec1399b.pdf

Options Details

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

DAL : ORDINARY FULLY PAID

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

Includes 165,625,000 1:1 free attaching Options and 16,562,500 Options paid to PAC Capital Securities Pty Ltd as partial consideration for its lead manager services with respect to the Placement, as detailed in the General Meeting Notice of Meeting lodged with the ASX on 18 July 2024 and approved by shareholders on 19 August 2024.

Issue details

Number of +securities

182,187,500

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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
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 : OPTION EXPIRING 23-AUG-2029	182,187,500

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

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