EMERALD RESOURCES NL — Share Issue/Capital Change 2023

Nov 30, 2023

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

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Announcement Summary

Entity name

EMERALD RESOURCES NL

Date of this announcement

Friday December 01, 2023

The +securities the subject of this notification are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B that are not quoted, and 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
EMRAQ	OPTION EXPIRING 12-SEP-2028 EX $2.84	500,000	29/11/2023

Refer to next page for full details of the announcement

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Part 1 - Entity and announcement details

1.1 Name of entity

EMERALD RESOURCES NL

We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.

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

1/12/2023

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

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Part 2 - Issue details

2.1 The +securities the subject of this notification are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B that are not quoted, and are not intended to be quoted, on ASX

Previous Appendix 3B details:

Announcement Date and	Announcement Title	Selected Appendix 3B to submit quotation
Time		request
02-Oct-2023 17:57	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? No

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Part 3A - number and type of +securities the subject of this notification (existing class or new class) where issue has previously been notified to ASX in an Appendix 3B

Placement Details

ASX +security code and description EMRAQ : OPTION EXPIRING 12-SEP-2028 EX $2.84 Date the +securities the subject of this notification were issued 29/11/2023 Any other information the entity wishes to provide about the +securities the subject of this notification The issue of 500,000 unlisted 2.84 options expiring 12 September 2028 to Executive Director, Mick Evans, subject to various vesting conditions, following shareholder approval at the Company's Annual General Meeting on 29 November 2023.

Issue details

Number of +securities 500,000 Were the +securities issued for a cash consideration? No Please describe the consideration being provided for the +securities

Issued for nil consideration under the Company's Incentive Plan.

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Part 4 - +Securities on issue

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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
EMR : ORDINARY FULLY PAID	622,776,071
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
EMRAF : OPTION EXPIRING 08-OCT-2025 EX $0.77	150,000
EMRAL : OPTION EXPIRING 14-MAR-2027 EX $1.32	350,000
EMRAQ : OPTION EXPIRING 12-SEP-2028 EX $2.84	2,270,000
EMRAH : OPTION EXPIRING 23-FEB-2026 EX $0.95	475,000
EMRAG : OPTION EXPIRING 04-JAN-2026 EX $0.82	475,000
EMRAB : OPTION EXPIRING VARIOUS DATES VARIOUS PRICES	150,000
EMRAE : OPTION EXPIRING 30-JUL-2025 EX 67C	4,000,000
EMRAI : OPTION EXPIRING 22-MAR-2026 EX $0.94	350,000
EMRAM : OPTION EXPIRING 14-JUN-2027 EX $1.40	250,000
EMRAD : OPTION EXPIRING 19-MAY-2025 EX 53C	75,000
EMRAK : OPTION EXPIRING 29-JUL-2026 EX $1.09	3,200,000
EMRAC : OPTION EXPIRING 12-MAR-2025 EX 51C	350,000
EMRAJ : OPTION EXPIRING 03-MAY-2026 EX $1.02	150,000

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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

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