DUNDAS MINERALS LIMITED — Capital/Financing Update 2021

Nov 7, 2021

Market Announcement

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8 November 2021

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Dundas Minerals Limited (ASX: DUN) – Admission and Quotation

Description

Dundas Minerals Limited (‘DUN’) was admitted to the Official List of ASX on Monday, 8 November 2021.

The securities of DUN will commence quotation at 1:30 PM AEDT on Wednesday, 10 November 2021.

DUN raised $6,000,000 pursuant to the offer under its prospectus dated 17 September 2021 by the issue of 30,000,000 shares at an issue price of $0.20 per share.

Quotation information

Quoted securities	Fully paid ordinary shares: 36,113,652
ASX code	Fully paid ordinary shares: DUN
Time	1:30 PM AEDT
Date	Wednesday, 10 November 2021
ASX trade abbreviation	DUNDAS
ISIN	Fully paid ordinary shares: AU0000178139
Registered office	Dundas Minerals Limited
	Address: Suite 13, 100 Railway Road, Daglish WA 6008
	Phone: + 61 457 024 143
	Email:s.volk@dundasminerals.com
Company secretary	Shane Raymond Volk
Share Registry	Automic Registry Services
	Address: Level 2, 267 St Georges Terrace, Perth WA 6000
	Phone: 1300 288 664
	Email: hello@automic.com.au
Balance date	30 June
CHESS	Participating. CHESS and Issuer Sponsored.
Place of incorporation	Western Australia
Dividend policy	See section 5.12 of the Prospectus
Activities	Mining exploration
Lead manager	Ventnor Securities Pty Ltd
Underwriter	N/A
ASX restricted securities	21,444,657 fully paid ordinary shares classified by ASX as restricted securities
	and to be held in escrow until 10 November 2023, being 24 months from the
	date of Quotation.

Market Announcement 1/3

8 November 2021 ASX Limited

ASX Customer Service Centre 131 279 | asx.com.au

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500,000 fully paid ordinary shares classified by ASX as restricted securities and to be held in escrow until 19 April 2022, being 12 months from the date of issue.

662,271 fully paid ordinary shares classified by ASX as restricted securities and to be held in escrow until 14 May 2022, being 12 months from the date of issue.

1,148,922 fully paid ordinary shares classified by ASX as restricted securities and to be held in escrow until 4 April 2022, being 12 months from the date of issue.

85,714 fully paid ordinary shares classified by ASX as restricted securities and to be held in escrow until 2 August 2022, being 12 months from the date of issue.

150,000 fully paid ordinary shares classified by ASX as restricted securities and to be held in escrow until 3 August 2022, being 12 months from the date of issue.

75,000 fully paid ordinary shares classified by ASX as restricted securities and to be held in escrow until 6 August 2022, being 12 months from the date of issue.

3,000,000 options exercisable at $0.30 on or before 3 November 2024 classified by ASX as restricted securities and to be held in escrow until 10 November 2023, being 24 months from the date of Quotation.

1,000,000 options exercisable at $0.25 on or before 10 November 2026, classified by ASX as restricted securities and to be held in escrow until 10 November 2023, being 24 months from the date of Quotation.

1,000,000 options exercisable at $0.30 on or before 10 November 2026, classified by ASX as restricted securities and to be held in escrow until 10 November 2023, being 24 months from the date of Quotation.

2,000,000 options exercisable at $0.25 on or before 1 July 2024, classified by ASX as restricted securities and to be held in escrow until 4 June 2022, being 12 months from the date of issue.

2,000,000 options exercisable at $0.30 on or before 1 July 2024, classified by ASX as restricted securities and to be held in escrow until 4 June 2022, being 12 months from the date of issue.

2,000,000 options exercisable at $0.25 on or before 1 July 2026, classified by ASX as restricted securities and to be held in escrow until 4 June 2022, being 12 months from the date of issue.

2,000,000 options exercisable at $0.30 on or before 2 July 2026, classified by ASX as restricted securities and to be held in escrow until 4 June 2022, being 12 months from the date of issue.

Other securities not quoted N/A

Need more information?

For further information, please refer to DUN’s Prospectus.

Market Announcement 2/3

8 November 2021

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Need more information?

For further information, please call DUN on +61 457 024 143.

Disclaimer

Please refer to the following disclaimer.

Issued by

Sandra Wutete

Principal Adviser, Listings Compliance (Perth)

Market Announcement 3/3

8 November 2021