EMERALD RESOURCES NL — Capital/Financing Update 2024

Jan 4, 2024

Application for quotation of +securities

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Announcement Summary

Entity name

EMERALD RESOURCES NL

Announcement Type

New announcement

Date of this announcement

Friday January 05, 2024

The +securities to be quoted are:

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+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
EMR	ORDINARY FULLY PAID	206,433	05/01/2024

Refer to next page for full details of the announcement

Application for quotation of +securities

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Application for quotation of +securities

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Part 1 - Entity and announcement details

1.1 Name of entity

EMERALD RESOURCES NL

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 009795046

1.3 ASX issuer code

EMR

1.4 The announcement is

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New announcement

1.5 Date of this announcement

5/1/2024

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:

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+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
18-Aug-2023 08:35	New - Proposed issue of securities -	A placement or other type of issue
	EMR

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?

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Yes

2.3a.3 Please provide details of the further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B

The Company has issued a Bidder's Statement to acquire all of the issued shares of Bullseye (that it does not already own) in a share based transaction.

Application for quotation of +securities

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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 EMR : ORDINARY FULLY PAID

Issue date 5/1/2024

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		%

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 206,433

Are the +securities being issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

Bullseye shareholders who accept the Offer will be issued 1 Emerald share for every 4 Bullseye shares held.

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

2.980000

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

Application for quotation of +securities

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Application for quotation of +securities

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Application for quotation of +securities

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Application for quotation of +securities

Part 4 - Issued capital following quotation

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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
EMR : ORDINARY FULLY PAID	624,186,396

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

4.2 Unquoted +securities (total number of each +class oASX +security code and descriptionEMRAF : OPTION EXPIRING 08-OCT-2025 EX $0.77EMRAL : OPTION EXPIRING 14-MAR-2027 EX $1.32EMRAQ : OPTION EXPIRING 12-SEP-2028 EX $2.84EMRAH : OPTION EXPIRING 23-FEB-2026 EX $0.95	4.2 Unquoted +securities (total number of each +class oASX +security code and descriptionEMRAF : OPTION EXPIRING 08-OCT-2025 EX $0.77EMRAL : OPTION EXPIRING 14-MAR-2027 EX $1.32EMRAQ : OPTION EXPIRING 12-SEP-2028 EX $2.84EMRAH : OPTION EXPIRING 23-FEB-2026 EX $0.95	4.2 Unquoted +securities (total number of each +class oASX +security code and descriptionEMRAF : OPTION EXPIRING 08-OCT-2025 EX $0.77EMRAL : OPTION EXPIRING 14-MAR-2027 EX $1.32EMRAQ : OPTION EXPIRING 12-SEP-2028 EX $2.84EMRAH : OPTION EXPIRING 23-FEB-2026 EX $0.95	4.2 Unquoted +securities (total number of each +class oASX +security code and descriptionEMRAF : OPTION EXPIRING 08-OCT-2025 EX $0.77EMRAL : OPTION EXPIRING 14-MAR-2027 EX $1.32EMRAQ : OPTION EXPIRING 12-SEP-2028 EX $2.84EMRAH : OPTION EXPIRING 23-FEB-2026 EX $0.95	f +securities issued but n	f +securities issued but n	ot quoted on ASX)	ot quoted on ASX)
	ASXEMREMREMREMR	+security	code and description				Total n+securities
		AF : OPTI	ON EXPIRING 08-OCT-2025 EX $0.77
		AL : OPTIO	N EXPIRING 14-MAR-2027 EX $1.32
		AQ : OPTION EXPIRING 12-SEP-2028 EX $2.84AH : OPTION EXPIRING 23-FEB-2026 EX $0.95
	EMRAG : OPTION EXPIRING 04-JAN-2026 EX $0.82EMRAB : OPTION EXPIRING VARIOUS DATES VARIOUEMRAE : OPTION EXPIRING 30-JUL-2025 EX 67CEMRAI : OPTION EXPIRING 22-MAR-2026 EX $0.94EMRAM : OPTION EXPIRING 14-JUN-2027 EX $1.40EMRAD : OPTION EXPIRING 19-MAY-2025 EX 53CEMRAK : OPTION EXPIRING 29-JUL-2026 EX $1.09
				S PRICES

Application for quotation of +securities

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Application for quotation of +securities

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EMRAO : OPTION EXPIRING	13-APR-2028	EX $1.94	1,000,000
EMRAP : OPTION EXPIRING	16-MAY-2028	EX $2.17	250,000
EMRAN : OPTION EXPIRING	17-OCT-2027	EX $1.37	2,300,000

Application for quotation of +securities

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