DREADNOUGHT RESOURCES LTD — Capital/Financing Update 2024

Feb 12, 2024

Application for quotation of +securities

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Announcement Summary

Entity name

DREADNOUGHT RESOURCES LTD

Announcement Type

New announcement

Date of this announcement

Tuesday February 13, 2024

The +securities to be quoted are:

+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
DRE	ORDINARY FULLY PAID	2,500,000	13/02/2024

Refer to next page for full details of the announcement

Application for quotation of +securities

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Application for quotation of +securities

Part 1 - Entity and announcement details

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1.1 Name of entity

DREADNOUGHT RESOURCES LTD

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

ACN

Registration number

119031864

1.3 ASX issuer code

DRE

1.4 The announcement is

New announcement

1.5 Date of this announcement

13/2/2024

Application for quotation of +securities

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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:

+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 04-Oct-2023 08:20 New - Proposed issue of securities - A placement or other type of issue DRE

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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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

Placement Details

ASX +security code and description DRE : ORDINARY FULLY PAID

Issue date

13/2/2024

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

2,500,000

Are the +securities being issued for a cash consideration?

No

Please describe the consideration being provided for the +securities

The shares are being issued for consideration for the acquisition of tenements E52/3412 & E52/3462.

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted

0.056300

Any other information the entity wishes to provide about the +securities to be quoted

This issue of shares was approved by Shareholders for the purposes of ASX Listing Rule 7.1 at the Company's Annual General Meeting held on 23 November 2023.

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Application for quotation of +securities

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Part 4 - Issued capital following quotation

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)

+securities subject of this application)
	Total number of
ASX +security code and description	+securities on issue
DRE : ORDINARY FULLY PAID	3,481,572,960
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
DREAQ : OPTION EXPIRING 09-OCT-2025 EX $0.094	6,000,000
DREAJ : OPTION EXPIRING 11-AUG-2024 EX $0.06	2,000,000
DREAD : OPTION EXPIRING 30-JUN-2024 EX 0.5C	1,500,000
DREAA : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	30,000,000
DREAM : OPTION EXPIRING 16-DEC-2025 EX $0.1575	853,098
DREAK : OPTION EXPIRING 26-NOV-2024 EX $0.06	2,000,000
DREAI : OPTION EXPIRING 02-JUL-2024 EX $0.04	12,100,000
DREAO : OPTION EXPIRING 02-MAR-2026 EX $0.12	1,223,151
DREAP : OPTION EXPIRING 14-JUN-2026 EX $0.075	2,000,000
DREAR : PERFORMANCE RIGHTS	17,500,000
DREAL : OPTION EXPIRING 14-JUL-2025 EX $0.065	8,500,000

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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