EMERALD RESOURCES NL — Share Issue/Capital Change 2024

Apr 29, 2024

Appendix 2A - Application for quotation of securities

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Announcement Summary

Entity name

EMERALD RESOURCES NL

Announcement Type

New announcement

Date of this announcement

Tuesday April 30, 2024

The +securities to be quoted are:

+Securities issued, transferred or re-classified as a result of options being exercised or other +convertible securities being converted

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
EMR	ORDINARY FULLY PAID	500,000	29/04/2024
EMR	ORDINARY FULLY PAID	53,766	30/04/2024

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

Part 1 - Entity and announcement details

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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

Registration number

ACN 009795046

1.3 ASX issuer code

EMR

1.4 The announcement is

New announcement

1.5 Date of this announcement

30/4/2024

Appendix 2A - Application for quotation of securities

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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:

+Securities issued, transferred or re-classified as a result of options being exercised or other +convertible securities being converted

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

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

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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

Existing +securities converting into additional +securities in an existing class FROM (Existing Class) ASX +security code and description EMRAE : OPTION EXPIRING 30-JUL-2025 EX 67C

TO (Existing Class) ASX +security code and description EMR : ORDINARY FULLY PAID Please state the number of options The first date the options were The last date the options were that were exercised or other exercised or other +convertible exercised or other +convertible +convertible securities that were securities were converted securities were converted converted 29/4/2024 29/4/2024 250,000 Is this all of the options or other +convertible securities on issue of that type (ie have all of those options now been exercised or have all of those convertible securities now been converted)? No The right of the holder of the options or other +convertible securities to receive the +underlying securities is being satisfied by: An issue of new +securities The underlying +securities being received by the holder are: Intended to be, but are not yet, quoted by ASX Were the options being exercised or other +convertible securities being converted issued under an +employee incentive scheme? Yes Are any of the options being exercised or other +convertible securities being converted held by +key management personnel (KMP) or an +associate? No

Issue date

29/4/2024

Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class? Yes

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Appendix 2A - Application for quotation of securities

Issue details

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Number of +securities to be quoted
250,000
Are the +securities being issued for a cash consideration?
Yes
In what currency is the cash consideration being paid? What is the issue price per +security?
AUD - Australian Dollar AUD 0.67000000
Any other information the entity wishes to provide about the +securities to be quoted
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Existing +securities converting into additional +securities in an existing class
FROM (Existing Class)
ASX +security code and description
EMRAF : OPTION EXPIRING 08-OCT-2025 EX $0.77
TO (Existing Class)
ASX +security code and description
EMR : ORDINARY FULLY PAID
Please state the number of options	The first date the options were	The last date the options were
that were exercised or other	exercised or other +convertible	exercised or other +convertible
+convertible securities that were	securities were converted	securities were converted
converted	29/4/2024	29/4/2024
150,000
Is this all of the options or other +convertible securities on issue of that type		(ie have all of those options now been
exercised or have all of those convertible securities now been converted)?
Yes
The right of the holder of the options or other +convertible securities to receive the +underlying securities is being
satisfied by:
An issue of new +securities
The underlying +securities being received by the holder are:
Intended to be, but are not yet, quoted by ASX
Were the options being exercised or	other +convertible securities being converted issued under an +employee
incentive scheme?
Yes
Are any of the options being exercised or other +convertible securities being		converted held by +key management
personnel (KMP) or an +associate?
No

Issue date

29/4/2024

Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class? Yes

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Appendix 2A - Application for quotation of securities

Issue details

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Number of +securities to be quoted 150,000 Are the +securities being issued for a cash consideration? Yes In what currency is the cash consideration being paid? What is the issue price per +security? AUD - Australian Dollar AUD 0.77000000 Any other information the entity wishes to provide about the +securities to be quoted Existing +securities converting into additional +securities in an existing class FROM (Existing Class) ASX +security code and description EMRAK : OPTION EXPIRING 29-JUL-2026 EX $1.09 TO (Existing Class) ASX +security code and description EMR : ORDINARY FULLY PAID Please state the number of options The first date the options were The last date the options were that were exercised or other exercised or other +convertible exercised or other +convertible +convertible securities that were securities were converted securities were converted converted 29/4/2024 29/4/2024 100,000 Is this all of the options or other +convertible securities on issue of that type (ie have all of those options now been exercised or have all of those convertible securities now been converted)? No The right of the holder of the options or other +convertible securities to receive the +underlying securities is being satisfied by: An issue of new +securities The underlying +securities being received by the holder are: Intended to be, but are not yet, quoted by ASX Were the options being exercised or other +convertible securities being converted issued under an +employee incentive scheme? Yes Are any of the options being exercised or other +convertible securities being converted held by +key management personnel (KMP) or an +associate? No

Issue date

29/4/2024

Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class? Yes

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Appendix 2A - Application for quotation of securities

Issue details

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Number of +securities to be quoted
100,000
Are the +securities being issued for a cash consideration?
Yes
In what currency is the cash consideration being paid? What is the issue price per +security?
AUD - Australian Dollar AUD 1.09000000
Any other information the entity wishes to provide about the +securities to be quoted
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Existing +securities converting into additional +securities in an existing class
FROM (Existing Class)
ASX +security code and description
EMRAJ : OPTION EXPIRING 03-MAY-2026 EX $1.02
TO (Existing Class)
ASX +security code and description
EMR : ORDINARY FULLY PAID
Please state the number of options	The first date the options were	The last date the options were
that were exercised or other	exercised or other +convertible	exercised or other +convertible
+convertible securities that were	securities were converted	securities were converted
converted	30/4/2024	30/4/2024
75,000
Is this all of the options or other +convertible securities on issue of that type		(ie have all of those options now been
exercised or have all of those convertible securities now been converted)?
No
The right of the holder of the options or other +convertible securities to receive the +underlying securities is being
satisfied by:
An issue of new +securities
The underlying +securities being received by the holder are:
Intended to be, but are not yet, quoted by ASX
Were the options being exercised or	other +convertible securities being converted issued under an +employee
incentive scheme?
Yes
Are any of the options being exercised or other +convertible securities being		converted held by +key management
personnel (KMP) or an +associate?
No

Issue date

30/4/2024

Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class? Yes

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Appendix 2A - Application for quotation of securities

Issue details

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Number of +securities to be quoted

53,766

Are the +securities being issued for a cash consideration?

No

Please describe the consideration being provided for the +securities

The holder of these options has elected to pay the option exercise price using the cashless exercise facility provided for under the Company's Incentive Plan.

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

3.545000

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

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Appendix 2A - Application for quotation of securities

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Appendix 2A - 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:

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
EMR : ORDINARY FULLY PAID	629,981,701
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
EMRAR : OPTION EXPIRING 28-FEB-2029 EX $3.70	250,000
EMRAF : OPTION EXPIRING 08-OCT-2025 EX $0.77	0
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	400,000
EMRAG : OPTION EXPIRING 04-JAN-2026 EX $0.82	125,000
EMRAE : OPTION EXPIRING 30-JUL-2025 EX 67C	3,250,000
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	3,037,500
EMRAC : OPTION EXPIRING 12-MAR-2025 EX 51C	350,000
EMRAJ : OPTION EXPIRING 03-MAY-2026 EX $1.02	75,000
EMRAO : OPTION EXPIRING 13-APR-2028 EX $1.94	1,000,000
EMRAP : OPTION EXPIRING 16-MAY-2028 EX $2.17	250,000

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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EMRAN : OPTION EXPIRING	17-OCT-2027	EX $1.37	2,300,000
EMRAS : OPTION EXPIRING	21-MAR-2029	EX $3.51	500,000

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