GBM RESOURCES LIMITED. — Share Issue/Capital Change 2023

Jan 2, 2023

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Announcement Summary

Entity name

GBM RESOURCES LIMITED

Date of this announcement

Tuesday January 03, 2023

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
GBZAM	CONVERTIBLE NOTES	1	30/12/2022

Refer to next page for full details of the announcement

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

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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

GBM 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

ABN

Registration number

91124752745

1.3 ASX issuer code

GBZ

1.4 The announcement is

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New announcement

1.5 Date of this announcement

3/1/2023

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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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
09-Sep-2022 10:07	New - Proposed issue of securities -	A placement or other type of issue
	GBZ

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

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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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 GBZAM : CONVERTIBLE NOTES Date the +securities the subject of this notification were issued 30/12/2022

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

Convertible Note (expiring 30 December 2022). Secured Convertible notes convertible into shares at $0.0875 each, subject to adjustment to conversion price in respect of subsequent equity issues (refer ASX announcement dated 9 September 2022 for further details) and expiring 3 years from the date of issue.

Issue details

Number of +securities 1 Were the +securities issued for a cash consideration? Yes In what currency was the cash consideration being What was the issue price per +security? paid? AUD - Australian Dollar AUD 5,000,000.00000000

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Part 4 - +Securities on issue

Following the issue, conversion or payment up of the +securities the subject of this application, the +securities of the entity will comprise:

(A discrepancy in these figures compared to your own may be due to a matter of timing if there is more than one application for quotation/issuance currently with ASX for processing.)

4.1 Quoted +Securities (Total number of each +class of +securities quoted)

	Total number of
ASX +security code and description	+securities on issue
GBZ : ORDINARY FULLY PAID	562,765,578
GBZOB : OPTION EXPIRING 06-JUL-2023	50,567,301
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
GBZAA : OPTION EXPIRING 31-JAN-2023 EX $0.076	1,880,000
GBZAI : PERFORMANCE RIGHTS EXPIRING 31-OCT-2025	1,185,000
GBZAJ : OPTION EXPIRING 31-OCT-2025 EX $0.18	855,000
GBZAD : OPTION EXPIRING 06-APR-2023 EX $0.096	16,074,152
GBZAN : OPTION EXPIRING 01-DEC-2026 EX $0.069	8,000,000
GBZAF : OPTION EXPIRING 14-SEP-2024 EX 21C	300,000
GBZAM : CONVERTIBLE NOTES	2
GBZAG : OPTION EXPIRING 11-FEB-2025 EX $0.18	3,900,000
GBZAH : PERFORMANCE RIGHTS EXPIRING 26-AUG-2025	378,262

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

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

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