ENCOUNTER RESOURCES LIMITED — Share Issue/Capital Change 2023

Nov 8, 2023

Application for quotation of +securities

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Announcement Summary

Entity name

ENCOUNTER RESOURCES LIMITED

Announcement Type

New announcement

Date of this announcement

Thursday November 09, 2023

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
ENR	ORDINARY FULLY PAID	175,000	09/11/2023

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

ENCOUNTER RESOURCES LIMITED

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

ABN

Registration number 47109815796

1.3 ASX issuer code

ENR

1.4 The announcement is

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New announcement

1.5 Date of this announcement

9/11/2023

Application for quotation of +securities

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Application for quotation of +securities

Part 2 - Type of Issue

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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 +securities to be quoted are:

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

Application for quotation of +securities

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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 ENRAE : OPTION EXPIRING 28-FEB-2027 EX $0.208

TO (Existing Class) ASX +security code and description

ENR : 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	9/11/2023	9/11/2023
175,000

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

9/11/2023

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

Application for quotation of +securities

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Application for quotation of +securities

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Issue details

Number of +securities to be quoted 175,000 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 0.20800000

Any other information the entity wishes to provide about the +securities to be quoted None

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
ENR : ORDINARY FULLY PAID	402,250,781

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
ENRAE : OPTION EXPIRING 28-FEB-2027 EX $0.208	325,000
ENRAO : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	2,500,000
ENRAB : OPTION EXPIRING 26-NOV-2024 EX $0.222	2,450,000
ENRAD : OPTION EXPIRING 15-JAN-2027 EX $0.283	250,000
ENRAQ : OPTION EXPIRING 30-JUN-2024 EX $0.182	650,000
ENRAV : OPTION EXPIRING 27-MAR-2027 EX $0.175	100,000
ENRAT : OPTION EXPIRING 28-NOV-2025 EX $0.224	3,630,000
ENRAU : OPTION EXPIRING 28-JUN-2026 EX $0.19	1,200,000
ENRAS : OPTION EXPIRING 30-APR-2025 EX $0.212	800,000
ENRAG : OPTION EXPIRING 13-JUL-2027 EX $0.592	400,000
ENRAC : OPTION EXPIRING 30-NOV-2026 EX $0.0268	3,980,000
ENRAH : OPTION EXPIRING 24-JUL-2027 EX $0.677	400,000
ENRAF : OPTION EXPIRING 20-JUN-2027 EX $0.368	200,000

Application for quotation of +securities

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Application for quotation of +securities

400,000

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ENRAW : OPTION EXPIRING 01-AUG-2027 EX $0.689

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