EAGLE MOUNTAIN MINING LIMITED — Share Issue/Capital Change 2022

Apr 7, 2022

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Announcement Summary

Entity name

EAGLE MOUNTAIN MINING LIMITED

Date of this announcement

Friday April 08, 2022

The +securities the subject of this notification are:

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+Other securities issued under an +employee incentive scheme that 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

Refer to next page for full details of the announcement

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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

EAGLE MOUNTAIN MINING 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

ABN

Registration number

34621541204

1.3 ASX issuer code

EM2

1.4 The announcement is

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New announcement

1.5 Date of this announcement

8/4/2022

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Part 2 - Issue details

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2.1 The +securities the subject of this notification are:

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+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:

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has an existing ASX security code ("existing class")

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

ASX +security code and description EM2AH : PERFORMANCE RIGHTS

Date the +securities the subject of this notification were issued

6/4/2022

Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class Yes

Were any of the +securities issued to +key management personnel (KMP) or an +associate? Yes

Provide details of the KMP or +associates being issued +securities.

Name of KMP	Name of registered holder	Number of +securities
Tim Mason	Tim Mason	300,000

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02294907-6A1001544?access_token=8 3ff96335c2d45a094df02a206a39ff4 Any other information the entity wishes to provide about the +securities the subject of this notification

Performance Rights issued as pursuant to the Company's Employee Incentive Plan

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

Issue details

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Number of +securities 100,000 Number of +securities 100,000

Number of +securities 100,000

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Part 4 - +Securities on issue

Following the issue, conversion or payment up of the +securities the subject of this application, the +securities 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)

	Total number of
ASX +security code and description	+securities on issue
EM2 : ORDINARY FULLY PAID	265,240,916
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
EM2AO : OPTION EXPIRING 01-JUL-2024 EX $0.52	2,800,000
EM2AT : OPTION EXPIRING 12-OCT-2023 EX $0.8125	2,000,000
EM2AN : OPTION EXPIRING 01-JUL-2022 EX 20C	225,000
EM2AM : OPTION EXPIRING 01-JUL-2022 EX 30C	1,923,078
EM2AP : OPTION EXPIRING 22-FEB-2024 EX $0.52	2,500,000
EM2AJ : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	4,465,000
EM2AR : OPTION EXPIRING 07-MAY-2023 EX $1.25	2,000,000
EM2AF : OPTION EXPIRING 15-JAN-2023 EX 20C	5,500,000
EM2AG : OPTION EXPIRING 15-JAN-2023 EX 20C	1,000,000
EM2AQ : OPTION EXPIRING 01-JUL-2024 EX $0.55	6,000,000

4.2 Unquoted +Securities (Total number of each +class of +securities issued but not quoted on ASX)

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Part 5 - Other Listing Rule requirements

5.1 Were the +securities issued under an exception in Listing Rule 7.2 and therefore the issue did not need any security holder approval under Listing Rule 7.1? Yes

5.1a Select the number of the applicable exception in Listing Rule 7.2

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