DEVEX RESOURCES LIMITED — Share Issue/Capital Change 2024

Nov 21, 2024

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

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Announcement Summary

Entity name

DEVEX RESOURCES LIMITED

Date of this announcement

Friday November 22, 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	Options Expiring 21-Nov-28 EX $0.27	1,000,000	22/11/2024
to be confirmed
New class - code	Options Expiring 21-Nov-28 EX $0.32	1,000,000	22/11/2024
to be confirmed
New class - code	Options Expiring 21-Nov-28 EX $0.36	1,000,000	22/11/2024
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

DEVEX 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 74009799553

1.3 ASX issuer code

DEV

1.4 The announcement is

New announcement

1.5 Date of this announcement

22/11/2024

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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
03-Sep-2024 08:20	New - Proposed issue of securities -	A placement or other type of issue
	DEV

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 22/11/2024 Any other information the entity wishes to provide about the +securities the subject of this notification Issue details Number of +securities 1,000,000 Were the +securities issued for a cash consideration? No Please describe the consideration being provided for the +securities Unquoted options exercisable at $0.27 expiring 21 November 2028 Number of +securities 1,000,000 Were the +securities issued for a cash consideration? No Please describe the consideration being provided for the +securities Unquoted options exercisable at $0.32 expiring 21 November 2028 Number of +securities 1,000,000 Were the +securities issued for a cash consideration? No Please describe the consideration being provided for the +securities Unquoted options exercisable at $0.36 expiring 21 November 2028

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 +Security description New class - code to be confirmed Options Expiring 21-Nov-28 EX $0.27 +Security type ISIN code Options Date the +securities the subject of this notification were issued 22/11/2024 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. A summary of the material terms of the Options are included in schedule 4 of the Notice of Annual General Meeting Explanatory Memorandum (Notice) lodged with the ASX on 23 October 2024. A copy of the Notice is available at https://a nnouncements.asx.com.au/asxpdf/20241023/pdf/069glvgldnsph2.pdf.

Options Details

+Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.27000000 21/11/2028

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

DEV : ORDINARY FULLY PAID

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

Issue details

Number of +securities

1,000,000

ASX +security code

+Security description

New class - code to be confirmed Options Expiring 21-Nov-28 EX $0.32

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

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+Security type

ISIN code

Options

Date the +securities the subject of this notification were issued

22/11/2024

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.

A summary of the material terms of the Options are included in schedule 4 of the Notice of Annual General Meeting Explanatory Memorandum (Notice) lodged with the ASX on 23 October 2024. A copy of the Notice is available at https://a nnouncements.asx.com.au/asxpdf/20241023/pdf/069glvgldnsph2.pdf.

Options Details

+Security currency

+Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.32000000 21/11/2028

Expiry date

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

DEV : ORDINARY FULLY PAID

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

Issue details

Number of +securities

1,000,000

ASX +security code

+Security description

New class - code to be confirmed Options Expiring 21-Nov-28 EX $0.36

+Security type

ISIN code

Options

Date the +securities the subject of this notification were issued

22/11/2024

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

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

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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.

A summary of the material terms of the Options are included in schedule 4 of the Notice of Annual General Meeting Explanatory Memorandum (Notice) lodged with the ASX on 23 October 2024. A copy of the Notice is available at https://a nnouncements.asx.com.au/asxpdf/20241023/pdf/069glvgldnsph2.pdf.

Options Details

+Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.36000000 21/11/2028

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

DEV : ORDINARY FULLY PAID

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

Issue details

Number of +securities

1,000,000

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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
DEV : ORDINARY FULLY PAID	441,690,671
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
DEVAJ : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	16,850,000
DEVAA : PERFORMANCE RIGHTS	250,000
New class - code to be confirmed : Options Expiring 21-Nov-28 EX $0.27	1,000,000
New class - code to be confirmed : Options Expiring 21-Nov-28 EX $0.32	1,000,000
New class - code to be confirmed : Options Expiring 21-Nov-28 EX $0.36	1,000,000

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

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