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FORTUNA METALS LTD Share Issue/Capital Change 2025

Jul 6, 2025

64952_rns_2025-07-06_968e7659-b0d1-4c64-aa43-32509f6a3ffc.pdf

Share Issue/Capital Change

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Appendix 3A.3 - Notification of security consolidation or split

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Announcement Summary

Entity name

LANTHANEIN RESOURCES LTD

Applicable security for the reorganisation

LNR ORDINARY FULLY PAID
LNRAA OPTION EXPIRING 21-AUG-2027 EX $0.0068
LNRAC OPTION EXPIRING 31-DEC-2025 EX $0.02
LNRAD OPTION EXPIRING 31-DEC-2025 EX $0.03
LNRAT OPTION EXPIRING 01-MAR-2027 EX $0.006

Announcement Type

New Announcement

Date of this announcement

7/7/2025

Reorganisation type

Security consolidation

Trading in the post consolidation or split +securities commences on a deferred settlement basis 6/8/2025

Record Date

7/8/2025

Issue Date

14/8/2025

Refer to below for full details of the announcement

Appendix 3A.3 - Notification of security consolidation or split

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Appendix 3A.3 - Notification of security consolidation or split

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Announcement Details

Part 1 - Entity and announcement details

1.1 Name of +Entity LANTHANEIN RESOURCES LTD 1.2 Registered Number Type Registration Number ABN 96095684389

1.3 ASX issuer code LNR

1.4 The announcement is New announcement 1.5 Date of this announcement 7/7/2025 1.6 Securities affected by the consolidation or split ASX +Security Code ASX +Security Description LNR ORDINARY FULLY PAID LNRAA OPTION EXPIRING 21-AUG-2027 EX $0.0068 LNRAC OPTION EXPIRING 31-DEC-2025 EX $0.02 LNRAD OPTION EXPIRING 31-DEC-2025 EX $0.03 LNRAT OPTION EXPIRING 01-MAR-2027 EX $0.006

Part 2 - Approvals

  • 2.1 Are any of the below approvals required for the consolidation or split before business day 0 of the timetable? Security holder approval Court approval Lodgement of court order with +ASIC ACCC approval FIRB approval Another approval/condition external to the entity required to be given/met before business day 0 of the timetable for the consolidation or split.

Yes

2.2 Approvals

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Appendix 3A.3 - Notification of security consolidation or split

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Approval/Condition Date for determination Is the date estimated or Approval actual? received/condition met? +Security holder approval 1/8/2025 Actual

Comments

Part 3 - Consolidation or split timetable and details 3.1 +Record date 7/8/2025 3.2 Date of +security holder meeting 1/8/2025 3.2a Effective date of consolidation or split 4/8/2025 3.3 Last day for trading in the pre consolidation or split +securities 5/8/2025 3.4 Trading in the post consolidation or split +securities commences on a deferred settlement basis. 6/8/2025 3.5 Record date 7/8/2025 3.6 First day for entity to update its register and to send holding statements to +security holders reflecting the change in the number of +securities they hold. 8/8/2025 3.7 Last day for entity to update its register and send holding statements to +security holders reflecting the change in the number of +securities they hold and to notify ASX that this has occurred. (+Issue Date) 14/8/2025 3.8 Trading starts on a normal T+2 basis 15/8/2025 3.9 First settlement of trades conducted on a +deferred settlement basis and on a normal T+2 basis 19/8/2025

Part 4 - Event type and details

4.1 The event is

+Security consolidation 4.1a Consolidation ratio: the +securities will be consolidated on the basis that every 30 (pre-consolidation) +securities will be consolidated into 1

(post-consolidation) +security (/ies).

Appendix 3A.3 - Notification of security consolidation or split

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Appendix 3A.3 - Notification of security consolidation or split

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4.2 Scrip fraction rounding

Fractions rounded down to the nearest whole number or fractions disregarded

Part 5 - +Securities on issue before and after consolidation or split

5.1 +Securities on issue before and after the consolidation or split

ASX +Security Code ASX +Security Description
LNR ORDINARY FULLY PAID
Quoted/unquoted Number on issue pre Number on issue post Estimate/Actual
Quoted consolidation or split consolidation or split Estimated
2,810,181,546 93,672,718
ASX +Security Code ASX +Security Description
LNRAA OPTION EXPIRING 21-AUG-2027 EX $0.0068
Quoted/unquoted Number on issue pre Number on issue post Estimate/Actual
Unquoted consolidation or split consolidation or split Estimated
73,200,000 2,440,000
ASX +Security Code ASX +Security Description
LNRAC OPTION EXPIRING 31-DEC-2025 EX $0.02
Quoted/unquoted Number on issue pre Number on issue post Estimate/Actual
Unquoted consolidation or split consolidation or split Estimated
40,000,000 1,333,333
ASX +Security Code ASX +Security Description
LNRAD OPTION EXPIRING 31-DEC-2025 EX $0.03
Quoted/unquoted Number on issue pre Number on issue post Estimate/Actual
Unquoted consolidation or split consolidation or split Estimated
40,000,000 1,333,333
ASX +Security Code ASX +Security Description
LNRAT OPTION EXPIRING 01-MAR-2027 EX $0.006
Quoted/unquoted Number on issue pre Number on issue post Estimate/Actual
Unquoted consolidation or split consolidation or split Estimated
100,000,000 3,333,333
5.2 Exercise price of options
ASX +Security Code ASX +Security Description
LNRAA OPTION EXPIRING 21-AUG-2027 EX $0.0068
Quoted/unquoted Exercise price pre consolidation or
Exercise price post consolidation or
Unquoted split split
0.00680000 0.20400000

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Appendix 3A.3 - Notification of security consolidation or split

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ASX +Security Code ASX +Security Description
LNRAC OPTION EXPIRING 31-DEC-2025 EX $0.02
Quoted/unquoted Exercise price pre consolidation or Exercise price post consolidation or
Unquoted split split
0.02000000 0.60000000
ASX +Security Code ASX +Security Description
LNRAD OPTION EXPIRING 31-DEC-2025 EX $0.03
Quoted/unquoted Exercise price pre consolidation or Exercise price post consolidation or
Unquoted split split
0.03000000 0.90000000
ASX +Security Code ASX +Security Description
LNRAT OPTION EXPIRING 01-MAR-2027 EX $0.006
Quoted/unquoted Exercise price pre consolidation or Exercise price post consolidation or
Unquoted split split
0.00600000 0.18000000
Part 6 - Further information

6.1 Further information relating to the consolidation or split

Additional information relating to the consolidation can be found in the Notice of Meeting dated 2 July 2025: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=02965069 6.2 Additional information for inclusion in the Announcement Summary

Appendix 3A.3 - Notification of security consolidation or split

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