EMETALS LIMITED — Share Issue/Capital Change 2021

Oct 21, 2021

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Notification of cessation of +securities

Announcement Summary

Entity name
EMETALS LIMITED

Announcement Type
New announcement

Date of this announcement
Friday October 22, 2021

Details of +securities that have ceased

ASX +security code	Security description	Number of +securities that have ceased	The +securities have ceased due to	Date of cessation
EMTAC	PERFORMANCE RIGHTS CLASS A	2,500,000	Lapse of conditional right to securities because the conditions have not been, or have become incapable of being, satisfied	19/10/2021
EMTAD	PERFORMANCE RIGHTS CLASS B	2,500,000	Lapse of conditional right to securities because the conditions have not been, or have become incapable of being, satisfied	19/10/2021
EMTAE	PERFORMANCE RIGHTS CLASS C	2,500,000	Lapse of conditional right to securities because the conditions have not been, or have become incapable of being, satisfied	19/10/2021

Refer to next page for full details of the announcement

Notification of cessation of +securities

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Notification of cessation of +securities

Part 1 - Announcement Details

1.1 Name of +Entity

EMETALS LIMITED

We (the entity named above) provide the following information about our issued capital.

1.2 Registered Number Type

ACN

Registration Number

142411390

1.3 ASX issuer code

EMT

1.4 The announcement is

☑ New announcement

1.5 Date of this announcement

22/10/2021

Notification of cessation of +securities

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X

Notification of cessation of +securities

Part 2 - Details of +equity securities or +debt securities that have ceased

ASX +Security Code and Description
EMTAC : PERFORMANCE RIGHTS CLASS A

Unquoted +equity securities that have ceased
Number of securities that have ceased
2,500,000

Reason for cessation
Lapse of conditional right to securities because the conditions have not been, or have become incapable of being, satisfied

Date of cessation
19/10/2021
Is the entity paying any consideration for the cessation?
☑ No

Any other information the entity wishes to notify to ASX about the cessation?

ASX +Security Code and Description
EMTAD : PERFORMANCE RIGHTS CLASS B

Unquoted +equity securities that have ceased
Number of securities that have ceased
2,500,000

Reason for cessation
Lapse of conditional right to securities because the conditions have not been, or have become incapable of being, satisfied

Date of cessation
19/10/2021
Is the entity paying any consideration for the cessation?
☑ No

Any other information the entity wishes to notify to ASX about the cessation?

ASX +Security Code and Description
EMTAE : PERFORMANCE RIGHTS CLASS C

Unquoted +equity securities that have ceased

Notification of cessation of +securities

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X

Notification of cessation of +securities

Number of securities that have ceased
2,500,000

Reason for cessation
Lapse of conditional right to securities because the conditions have not been, or have become incapable of being, satisfied

Date of cessation
19/10/2021

Is the entity paying any consideration for the cessation?
☐ No

Any other information the entity wishes to notify to ASX about the cessation?

Notification of cessation of +securities

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X

Notification of cessation of +securities

Part 3 - Issued capital following changes

Following the cessation of the +securities the subject of this notification, the issued capital of the entity will comprise:

3.1 Quoted +equity securities and +debt securities (total number of each +class of +securities quoted on ASX)

ASX +security code and description	Total number of +securities on issue
EMT : ORDINARY FULLY PAID	415,000,000

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

ASX +security code and description	Total number of +securities on issue
EMTAA : ORDINARY FULLY PAID RESTRICTED	10,000,000
EMTAB : OPTION EXPIRING 31-DEC-2022 EX $0.05	35,000,000
EMTAC : PERFORMANCE RIGHTS CLASS A	0
EMTAD : PERFORMANCE RIGHTS CLASS B	0
EMTAE : PERFORMANCE RIGHTS CLASS C	0

Note: the figures stated in the tables above are used to calculate the total market capitalisation of the entity published by ASX from time to time. The table will not include those classes of +securities that have ceased or lapsed in their entirety in ASX records before the announcement date described in Q1.5, even if the entity has advised ASX of a change to that class of +security in Part 2 of this form.

Notification of cessation of +securities