FORTUNA METALS LTD — Share Issue/Capital Change 2025

Jun 11, 2025

Appendix 2A - Application for quotation of securities

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

Announcement Summary

Entity name

LANTHANEIN RESOURCES LTD

Announcement Type

New announcement

Date of this announcement

Thursday June 12, 2025

The +securities to be quoted are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
LNR	ORDINARY FULLY PAID	366,545,418	12/06/2025

Refer to next page for full details of the announcement

Appendix 2A - Application for quotation of securities

1 / 6

Appendix 2A - Application for quotation of securities

Part 1 - Entity and announcement details

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

1.1 Name of entity

LANTHANEIN RESOURCES LTD

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

96095684389

1.3 ASX issuer code

LNR

1.4 The announcement is

New announcement

1.5 Date of this announcement

12/6/2025

Appendix 2A - Application for quotation of securities

2 / 6

Appendix 2A - Application for quotation of securities

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

Part 2 - Type of Issue

2.1 The +securities to be quoted are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B

Previous Appendix 3B details:

Announcement Date and Announcement Title Selected Appendix 3B to submit quotation Time request 05-Jun-2025 09:43 New - Proposed issue of securities - A placement or other type of issue LNR

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? Yes

2.3a.3 Please provide details of the further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B

• 1,140,000,000 options exercisable at $0.001125 expiring four years from issue subject to shareholder approval.

Appendix 2A - Application for quotation of securities

3 / 6

Appendix 2A - Application for quotation of securities

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

Part 3A - number and type of +securities to be quoted where issue has previously been notified to ASX in an Appendix 3B

Placement Details

ASX +security code and description LNR : ORDINARY FULLY PAID

Issue date

12/6/2025

Distribution Schedule

Provide a distribution schedule for the new +securities according to the categories set out in the left hand column - including the number of recipients and the total percentage of the new +securities held by the recipients in each category.

category.
		Total percentage of +securities held
Number of +securities held	Number of holders	For example, to enter a value of 50%
		please input as 50.00
1 - 1,000		%
1,001 - 5,000		%
5,001 - 10,000		%
10,001 - 100,000		%
100,001 and over		%

Appendix 2A - Application for quotation of securities

4 / 6

Appendix 2A - Application for quotation of securities

Issue details

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

Number of +securities to be quoted 366,545,418 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 0.00075000 Any other information the entity wishes to provide about the +securities to be quoted

Appendix 2A - Application for quotation of securities

5 / 6

Appendix 2A - Application for quotation of securities

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

Part 4 - Issued capital following quotation

Following the quotation of the +securities the subject of this application, the issued capital 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 quoted on ASX following the +quotation of the +securities subject of this application)

+securities subject of this application)
	Total number of
ASX +security code and description	+securities on issue
LNR : ORDINARY FULLY PAID	2,810,181,546
LNRN : ORDINARY FULLY PAID DEFERRED	2,107,636,160

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
LNRAA : OPTION EXPIRING 21-AUG-2027 EX $0.0068	73,200,000
LNRAC : OPTION EXPIRING 31-DEC-2025 EX $0.02	40,000,000
LNRAD : OPTION EXPIRING 31-DEC-2025 EX $0.03	40,000,000
LNRAT : OPTION EXPIRING 01-MAR-2027 EX $0.006	100,000,000
LNRAV : ATTACHING SHARES DEFERRED	702,545,387

Appendix 2A - Application for quotation of securities

6 / 6