ENCOUNTER RESOURCES LIMITED — Share Issue/Capital Change 2024

Dec 1, 2024

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Announcement Summary

Entity name

ENCOUNTER RESOURCES LIMITED

Date of this announcement

Monday December 02, 2024

The +securities the subject of this notification are: Other

Total number of +securities to be issued/transferred

		Total number of
ASX +security		+securities to be
code	Security description	issued/transferred	Issue date
New class - code	Options exercisable at $0.59 exipring 28	363,000	29/11/2024
to be confirmed	November 2028

Refer to next page for full details of the announcement

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Part 1 - Entity and announcement details

1.1 Name of entity

ENCOUNTER RESOURCES LIMITED

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

1.2 Registered number type Registration number ABN 47109815796

1.3 ASX issuer code

ENR

1.4 The announcement is

New announcement

1.5 Date of this announcement

2/12/2024

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Part 2 - Issue details

2.1 The +securities the subject of this notification are:

Other

Please specify

Options issued pursuant to shareholder approval at the Company's 2024 annual general meeting

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:

does not have an existing ASX security code ("new class")

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Part 3C - number and type of +securities the subject of this notification (new class)

New +securities

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ASX +security code +Security description
New class - code to be confirmed Options exercisable at $0.59 exipring 28 November 2028
+Security type ISIN code
Options
Date the +securities the subject of this notification were issued
29/11/2024
Will all the +securities issued in this class rank equally in all respects from their issue date?
Yes
Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under
listing rule 6.1?
Yes
Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being
issued.
-
Please refer to notice of meeting released to ASX on 30 October 2024 for material terms of the options https://cdn api.ma
rkitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02874393-6A1234810
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Options Details
+Security currency	Exercise price	Expiry date
AUD - Australian Dollar	AUD 0.59000000	28/11/2028

Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option

ENR : ORDINARY FULLY PAID

Any other information the entity wishes to provide about the +securities the subject of this notification None

Please provide any further information needed to understand the circumstances in which you are notifying the issue of these +securities to ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B

N/a

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

Issue details

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Number of +securities 363,000 Were the +securities issued for a cash consideration? No Please describe the consideration being provided for the +securities Issued as incentive securities pursuant to shareholder approval for nil consideration Purpose of the issue Other Additional Details Issued as incentive securities pursuant to shareholder approval for nil consideration

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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 notification, the +securities 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 issued and quoted on ASX)

	Total number of
ASX +security code and description	+securities on issue
ENR : ORDINARY FULLY PAID	454,278,054
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
ENRAZ : OPTION EXPIRING 17-DEC-2027 EX $0.397	1,000,000
ENRAE : OPTION EXPIRING 28-FEB-2027 EX $0.208	150,000
ENRAO : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	1,400,000
ENRAD : OPTION EXPIRING 15-JAN-2027 EX $0.283	250,000
ENRAX : OPTION EXPIRING 23-NOV-2027 EX $0.556	660,000
ENRAT : OPTION EXPIRING 28-NOV-2025 EX $0.224	3,630,000
ENRAAA : OPTION EXPIRING 10-SEP-2028 EX $0.65	100,000
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
ENRAY : OPTION EXPIRING 25-FEB-2028 EX $0.355	150,000
ENRAC : OPTION EXPIRING 30-NOV-2026 EX $0.268	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
ENRAW : OPTION EXPIRING 01-AUG-2027 EX $0.689	400,000

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

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363,000

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New class - code to be confirmed : Options exercisable at $0.59 exipring 28 November 2028

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Part 5 - Other Listing Rule requirements

5.1 Were the +securities issued under an exception in Listing Rule 7.2 and therefore the issue did not need any security holder approval under Listing Rule 7.1? Yes

5.1a Select the number of the applicable exception in Listing Rule 7.2

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