ENCOUNTER RESOURCES LIMITED — Share Issue/Capital Change 2024

Sep 10, 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

Wednesday September 11, 2024

The +securities the subject of this notification are:

+Other securities issued under an +employee incentive scheme that 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
New class - code	Options exercisable at $0.65 and expiring 10	100,000	11/09/2024
to be confirmed	September 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

11/9/2024

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Part 2 - Issue details

2.1 The +securities the subject of this notification are:

+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

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)

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ASX +security code +Security description
New class - code to be confirmed Options exercisable at $0.65 and expiring 10 September
2028
+Security type ISIN code
Options
Date the +securities the subject of this notification were issued
11/9/2024
Will all the +securities issued in this class rank equally in all respects from their issue date?
Yes
Were any of the +securities issued to +key management personnel (KMP) or an +associate?
No
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.
Refer 2023 notice of annual general meeting for terms of the Company's Employee Share and Option Plan
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02728850-6A1175693&v=fc9bdb61fe50
ea61f8225e24ce041a0e155a9400
----- End of picture text -----

Options Details +Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.65000000 10/9/2028

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

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms

Refer 2023 notice of annual general meeting for terms of the Company's Employee Share and Option Plan https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02728850-6A1175693&v=fc9bdb61fe50 ea61f8225e24ce041a0e155a9400

Any other information the entity wishes to provide about the +securities the subject of this notification

None

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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

100,000

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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	451,828,054
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
ENRAB : OPTION EXPIRING 26-NOV-2024 EX $0.222	2,450,000
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
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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100,000

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New class - code to be confirmed : Options exercisable at $0.65 and expiring 10 September 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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