EQ RESOURCES LIMITED — Share Issue/Capital Change 2024

Aug 13, 2024

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

==> picture [21 x 22] intentionally omitted <==

Announcement Summary

Entity name

EQ RESOURCES LIMITED

Date of this announcement

Wednesday August 14, 2024

The +securities the subject of this notification are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B that are not quoted, and 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
EQRAQ	OPTION EXPIRING 29-MAY-2027 EX $0.0675	14,805,281	14/08/2024

Refer to next page for full details of the announcement

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

1 / 5

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

==> picture [21 x 22] intentionally omitted <==

Part 1 - Entity and announcement details

1.1 Name of entity

EQ 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 ACN 115009106

1.3 ASX issuer code

EQR

1.4 The announcement is

New announcement

1.5 Date of this announcement

14/8/2024

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

2 / 5

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

==> picture [21 x 22] intentionally omitted <==

Part 2 - Issue details

2.1 The +securities the subject of this notification are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B that are not quoted, and are not intended to be quoted, on ASX

Previous Appendix 3B details:

Announcement Date and	Announcement Title	Selected Appendix 3B to submit quotation
Time		request
23-May-2024 16:41	Update - Update - Proposed issue of	A placement or other type of issue
	securities - EQR

2.3a.2 Are there any further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B?

No

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

3 / 5

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

==> picture [21 x 22] intentionally omitted <==

Part 3A - number and type of +securities the subject of this notification (existing class or new class) where issue has previously been notified to ASX in an Appendix 3B

Placement Details

ASX +security code and description

EQRAQ : OPTION EXPIRING 29-MAY-2027 EX $0.0675

Date the +securities the subject of this notification were issued

14/8/2024

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

Options approved by Shareholders at the Company's EGM on 29 July 2024: i) 1,111,111 Shares and 370,370 free attaching Options to Oliver Kleinhempel (or his nominee); ii) 666,667 Shares and 222,222 free attaching Options to Richard Morrow (or his nominee); iii) 40,415,844 Shares and 13,471,948 free attaching Options to Zhui Yeo (or his nominee); and iv) 2,222,222 Shares and 740,741 free attaching Options to Stephen Weir (or his nominee).

Issue details

Number of +securities

14,805,281

Were the +securities issued for a cash consideration?

No

Please describe the consideration being provided for the +securities

Free attaching options in accordance with the terms of the Placement announced on 21 May 2024 and approximately 13,101,577 Options to Zhui Pei Yeo (or his nominee) as repayment of his director loan.

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

4 / 5

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

==> picture [21 x 22] intentionally omitted <==

Part 4 - +Securities on issue

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
EQR : ORDINARY FULLY PAID	2,192,612,122
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
EQRAO : OPTION EXPIRING 03-JUL-2026 EX $0.10	16,400,000
EQRAA : OPTION EXPIRING 18-JAN-2026 EX $0.10	78,000,000
EQRAM : OPTION EXPIRING 07-NOV-2025 EX $0.065	19,751,674
EQRAP : CONVERTIBLE NOTES	750,000
EQRAQ : OPTION EXPIRING 29-MAY-2027 EX $0.0675	103,452,002
EQRAN : OPTION EXPIRING 31-JAN-2026 EX $0.065	1,250,000

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

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

5 / 5