DREADNOUGHT RESOURCES LTD — Share Issue/Capital Change 2021

Sep 13, 2021

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 September 14, 2021

The +securities to be quoted are:

+Securities issued, transferred or re-classified as a result of options being exercised or other +convertible securities being converted

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
DRE	ORDINARY FULLY PAID	8,479,452	14/09/2021

Refer to next page for full details of the announcement

Application for quotation of +securities

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Application for quotation of +securities

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Part 1 - Entity and announcement details

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

ABN

Registration number 40119031864

1.3 ASX issuer code

DRE

1.4 The announcement is

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New announcement

1.5 Date of this announcement

14/9/2021

Application for quotation of +securities

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Application for quotation of +securities

Part 2 - Type of Issue

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2.1 The +securities to be quoted are:

+Securities issued, transferred or re-classified as a result of options being exercised or other +convertible securities being converted

2.2 The +securities to be quoted are:

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Additional +securities in a class that is already quoted on ASX ("existing class")

Application for quotation of +securities

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Application for quotation of +securities

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Part 3B - number and type of +securities to be quoted (existing class) where issue has not previously been notified to ASX in an Appendix 3B

Existing +securities converting into additional +securities in an existing class

FROM (Existing Class) ASX +security code and description DREAG : OPTION EXPIRING 30-JUN-2025 EX $0.0098

TO (Existing Class) ASX +security code and description

DRE : ORDINARY FULLY PAID

Please state the number of options	The first date the options were	The last date the options were
that were exercised or other	exercised or other +convertible	exercised or other +convertible
+convertible securities that were	securities were converted	securities were converted
converted	13/9/2021	13/9/2021
5,479,452

Is this all of the options or other +convertible securities on issue of that type (ie have all of those options now been exercised or have all of those convertible securities now been converted)? Yes

The right of the holder of the options or other +convertible securities to receive the +underlying securities is being satisfied by:

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An issue of new +securities

The underlying securities being received by the holder are: Intended to be, but are not yet, quoted by ASX

Were the options being exercised or other +convertible securities being converted issued under an +employee incentive scheme? Yes

Are any of the options being exercised or other +convertible securities being converted held by +key management personnel (KMP) or an +associate? Yes

Provide details of the KMP or +associates who are exercising options or converting convertible securities

		Number of options being exercised
		or other +convertible securities
Name of KMP	Name of registered holder	being converted
Mr Paul Chapman	Mr Paul Chapman	5,479,452

Application for quotation of +securities

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Application for quotation of +securities

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Issue date

14/9/2021

Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class? Yes

Issue details

Number of +securities to be quoted

5,479,452

Are the +securities being issued for a cash consideration?

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Yes

In what currency is the cash consideration being paid? What is the issue price per +security? AUD - Australian Dollar AUD 0.00980000

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

N/A

Existing +securities converting into additional +securities in an existing class

FROM (Existing Class) ASX +security code and description DREAD : OPTION EXPIRING 30-JUN-2024 EX 0.5C

TO (Existing Class) ASX +security code and description

DRE : ORDINARY FULLY PAID

Please state the number of options The first date the options were The last date the options were that were exercised or other exercised or other +convertible exercised or other +convertible +convertible securities that were securities were converted securities were converted converted 14/9/2021 14/9/2021 3,000,000

Is this all of the options or other +convertible securities on issue of that type (ie have all of those options now been exercised or have all of those convertible securities now been converted)? No The right of the holder of the options or other +convertible securities to receive the +underlying securities is being

Application for quotation of +securities

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Application for quotation of +securities

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satisfied by:

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An issue of new +securities

The underlying securities being received by the holder are: Intended to be, but are not yet, quoted by ASX

Were the options being exercised or other +convertible securities being converted issued under an +employee incentive scheme? Yes

Are any of the options being exercised or other +convertible securities being converted held by +key management personnel (KMP) or an +associate? Yes

Provide details of the KMP or +associates who are exercising options or converting convertible securities

		Number of options being exercised
		or other +convertible securities
Name of KMP	Name of registered holder	being converted
Mr Dean Tuck	MR DEAN TUCK & MRS DIANNE MAE TUCK	3,000,000

Issue date

14/9/2021

Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class?

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Yes

Application for quotation of +securities

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Application for quotation of +securities

Issue details

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Number of +securities to be quoted 3,000,000 Are the +securities being issued for a cash consideration? Yes In what currency is the cash consideration being paid? What is the issue price per +security? AUD - Australian Dollar AUD 0.00500000 Any other information the entity wishes to provide about the +securities to be quoted N/A

Application for quotation of +securities

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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)

	Total number of
ASX +security code and description	+securities on issue
DRE : ORDINARY FULLY PAID	2,605,862,122

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
DREAJ : OPTION EXPIRING 11-AUG-2024 EX $0.06	2,000,000
DREAD : OPTION EXPIRING 30-JUN-2024 EX 0.5C	3,500,000
DREAA : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	50,000,000
DREAF : OPTION EXPIRING 01-OCT-2023 EX $0.01	5,500,000
DREAG : OPTION EXPIRING 30-JUN-2025 EX $0.0098	0
DREAH : OPTION EXPIRING 31-OCT-2023 EX $0.02	1,500,000
DREAI : OPTION EXPIRING 02-JUL-2024 EX $0.04	11,500,000

Application for quotation of +securities

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