GENESIS MINERALS LIMITED — Share Issue/Capital Change 2021

Oct 17, 2021

Notification of Consolidation/Split

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Announcement Summary

Entity name

GENESIS MINERALS LIMITED

Applicable security for the reorganisation

GMD ORDINARY FULLY PAID GMDAZ OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES GMDAJ PERFORMANCE RIGHTS

Announcement Type

New Announcement

Date of this announcement

18/10/2021

Reorganisation type

Security consolidation

Trading in the post consolidation or split +securities commences on a deferred settlement basis 6/1/2022

Record Date

7/1/2022

Issue Date

14/1/2022

Refer to below for full details of the announcement

Notification of Consolidation/Split

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Notification of Consolidation/Split

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Announcement Details

Part 1 - Entity and announcement details

1.1 Name of +Entity

GENESIS MINERALS LIMITED

1.2 Registered Number Type Registration Number ABN 72124772041 1.3 ASX issuer code GMD 1.4 The announcement is New announcement

1.5 Date of this announcement

18/10/2021

1.6 Securities affected by the consolidation or split

ASX +Security Code ASX +Security Description GMD ORDINARY FULLY PAID GMDAZ OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES GMDAJ PERFORMANCE RIGHTS

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.

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Notification of Consolidation/Split

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Yes

2.2 Approvals

Approval/Condition Date for determination Is the date estimated or Approval actual? received/condition met? +Security holder approval 19/11/2021 Estimated

Comments

Part 3 - Consolidation or split timetable and details

3.1 +Record date

7/1/2022

3.2 Date of +security holder meeting

19/11/2021

3.2a Effective date of consolidation or split

4/1/2022

3.3 Last day for trading in the pre consolidation or split +securities

5/1/2022

3.4 Trading in the post consolidation or split +securities commences on a deferred settlement basis.

6/1/2022

3.5 Record date

7/1/2022

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.

10/1/2022

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) 14/1/2022

3.8 Trading starts on a normal T+2 basis

17/1/2022

3.9 First settlement of trades conducted on a +deferred settlement basis and on a normal T+2 basis

19/1/2022

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Notification of Consolidation/Split

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Part 4 - Event type and details

4.1 The event is

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+Security consolidation

4.1a Consolidation ratio: the +securities will be consolidated on the basis that every

10

(pre-consolidation) +securities will be consolidated into

1

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

4.2 Scrip fraction rounding

Fractions rounded up to the next whole number

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
GMD	ORDINARY FULLY PAID
Quoted/unquoted	Number on issue pre	Number on issue post	Estimate/Actual
Quoted	consolidation or split	consolidation or split	Estimated
	2,134,571,173	213,457,117
ASX +Security Code	ASX +Security Description
GMDAZ	OPTION EXPIRING VARIOUS	DATES EX VARIOUS PRICES
Quoted/unquoted	Number on issue pre	Number on issue post	Estimate/Actual
Unquoted	consolidation or split	consolidation or split	Estimated
	9,416,667	941,667
ASX +Security Code	ASX +Security Description
GMDAJ	PERFORMANCE RIGHTS
Quoted/unquoted	Number on issue pre	Number on issue post	Estimate/Actual
Unquoted	consolidation or split	consolidation or split	Estimated
	12,050,000	1,205,000
5.2 Exercise price of options
ASX +Security Code	ASX +Security Description
GMDAZ	OPTION EXPIRING VARIOUS	DATES EX VARIOUS PRICES
Quoted/unquoted	Exercise price pre consolidation or Exercise price post consolidation or

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Notification of Consolidation/Split

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	Unquoted	split	split
		0.00000000	0.00000000
	ASX +Security Code	ASX +Security Description
	GMDAJ	PERFORMANCE RIGHTS
	Quoted/unquoted	Exercise price pre consolidation or	Exercise price post consolidation or
	Unquoted	split	split
		0.00000000	0.00000000
Part	6 - Further information

6.1 Further information relating to the consolidation or split

6.2 Additional information for inclusion in the Announcement Summary

Notification of Consolidation/Split

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