DREADNOUGHT RESOURCES LTD — Share Issue/Capital Change 2024

Jul 25, 2024

Appendix 2A - Application for quotation of securities

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Announcement Summary

Entity name

DREADNOUGHT RESOURCES LTD

Announcement Type

New announcement

Date of this announcement

Friday July 26, 2024

The +securities to be quoted are: Other

Please refer to the response to Q2.3d for further information about the type of securities to be quoted and the circumstances of the issue.

The shares are issued to an unrelated vendor as part of the consideration for Dreadnought Exploration Pty Ltd, a wholly owned subsidiary of Dreadnought Resources Ltd, to acquire tenements E09/2422 and E08/3229 and application E08/3539. Dreadnought Exploration Pty Ltd will pay the unrelated vendor a cash payment of $10,000 upon execution of the Sale agreement and $40,000 upon completion. The vendor will also receive 1% revenue royalty on all minerals. Please refer to Appendix 3B released today.

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
DRE	ORDINARY FULLY PAID	16,000,000	26/07/2024

Refer to next page for full details of the announcement

Appendix 2A - Application for quotation of securities

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Appendix 2A - 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

Registration number

ABN 40119031864

1.3 ASX issuer code

DRE

1.4 The announcement is

New announcement

1.5 Date of this announcement

26/7/2024

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Appendix 2A - Application for quotation of securities

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Part 2 - Type of Issue

2.1 The +securities to be quoted are:

Other

Please refer to the response to Q2.3d for further information about the type of securities to be quoted and the circumstances of the issue.

2.2 The +class of +securities to be quoted is:

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

2.3c Have these +securities been offered under a +disclosure document or +PDS? No

2.3d Please provide any further information needed to understand the circumstances in which you are applying to have these +securities quoted on ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B

The shares are issued to an unrelated vendor as part of the consideration for Dreadnought Exploration Pty Ltd, a wholly owned subsidiary of Dreadnought Resources Ltd, to acquire tenements E09/2422 and E08/3229 and application E08/3539. Dreadnought Exploration Pty Ltd will pay the unrelated vendor a cash payment of $10,000 upon execution of the Sale agreement and $40,000 upon completion. The vendor will also receive 1% revenue royalty on all minerals. Please refer to Appendix 3B released today.

2.4 Any on-sale of the +securities to be quoted within 12 months of their date of issue will comply with the secondary sale provisions in sections 707(3) and 1012C(6) of the Corporations Act by virtue of: The publication of a cleansing notice under section 708A(5), 708AA(2)(f), 1012DA(5) or 1012DAA(2)(f)

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Appendix 2A - 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

Additional +securities to be quoted in an existing class ASX +security code and description

DRE : ORDINARY FULLY PAID

Issue date

26/7/2024

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 16,000,000 Are the +securities being issued for a cash consideration? No Please describe the consideration being provided for the +securities

The securities are being issued to an unrelated vendor as part consideration to acquire tenements E09/2422 and E08/3229 and application E08/3539.

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

0.022000 Any other information the entity wishes to provide about the +securities to be quoted

The securities are subject to voluntary escrow: 4,000,000 until 20 September 2024 4,000,000 until 20 December 2024 4,000,000 until 20 March 2025 4,000,000 until 20 June 2025

The purpose(s) for which the entity is issuing the securities

To pay for the acquisition of an asset

Please provide additional details

The securities are being issued to an unrelated vendor as part consideration to acquire tenements E09/2422 and E08/3229 and application E08/3539. Dreadnought Exploration Pty Ltd will pay the unrelated vendor a cash payment of $10,000 upon execution of the Sale agreement and further $40,000 upon completion. The vendor will also receive 1% revenue royalty on all minerals.

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Appendix 2A - 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:

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 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	3,529,072,960
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
DREAM : OPTION EXPIRING 16-DEC-2025 EX $0.1575	853,098
DREAK : OPTION EXPIRING 26-NOV-2024 EX $0.06	2,000,000
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	16,500,000
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)

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Appendix 2A - Application for quotation of securities

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Part 5 - Other Listing Rule requirements

5.1 Are the +securities being issued under an exception in Listing Rule 7.2 and therefore the issue does 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? No

5.2b Are any of the +securities being issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1? Yes

5.2b.1 How many +securities are being issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1? 16,000,000

5.2c Are any of the +securities being issued without +security holder approval using the entity's additional 10% placement capacity under listing rule 7.1A (if applicable)? No

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