GLOBAL LITHIUM RESOURCES LIMITED — Share Issue/Capital Change 2022

Dec 19, 2022

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

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Announcement Summary

Entity name

GLOBAL LITHIUM RESOURCES LIMITED

Date of this announcement

Tuesday December 20, 2022

The +securities the subject of this notification are:

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+Other securities issued under an +employee incentive scheme that 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
GL1AF	PERFORMANCE RIGHTS EXPIRING	75,000	20/12/2022
	31-DEC-2022
GL1AG	PERFORMANCE RIGHTS EXPIRING	75,000	20/12/2022
	31-DEC-2023
GL1AH	PERFORMANCE RIGHTS EXPIRING	75,000	20/12/2022
	31-DEC-2024
GL1AI	PERFORMANCE RIGHTS EXPIRING	75,000	20/12/2022
	31-DEC-2025

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

GLOBAL LITHIUM 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

58626093150

1.3 ASX issuer code

GL1

1.4 The announcement is

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New announcement

1.5 Date of this announcement

20/12/2022

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

Part 2 - Issue details

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2.1 The +securities the subject of this notification are:

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+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:

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has an existing ASX security code ("existing class")

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 3B - number and type of +securities the subject of this notification (existing class) where issue has not previously been notified to ASX in an Appendix 3B

ASX +security code and description

GL1AF : PERFORMANCE RIGHTS EXPIRING 31-DEC-2022

Date the +securities the subject of this notification were issued

20/12/2022

Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class Yes

Were any of the +securities issued to +key management personnel (KMP) or an +associate? No

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02440666-6A1057961?access_token=8 3ff96335c2d45a094df02a206a39ff4

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

Issue details

Number of +securities

75,000

ASX +security code and description

GL1AG : PERFORMANCE RIGHTS EXPIRING 31-DEC-2023

Date the +securities the subject of this notification were issued

20/12/2022

Will these +securities rank equally in all respects from their issue date with the existing issued

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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+securities in that class

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Yes

Were any of the +securities issued to +key management personnel (KMP) or an +associate? No

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02440666-6A1057961?access_token=8 3ff96335c2d45a094df02a206a39ff4

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

Issue details

Number of +securities

75,000

ASX +security code and description

GL1AH : PERFORMANCE RIGHTS EXPIRING 31-DEC-2024

Date the +securities the subject of this notification were issued

20/12/2022

Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class

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Yes

Were any of the +securities issued to +key management personnel (KMP) or an +associate? No

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02440666-6A1057961?access_token=8 3ff96335c2d45a094df02a206a39ff4

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

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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Issue details

Number of +securities

75,000

ASX +security code and description

GL1AI : PERFORMANCE RIGHTS EXPIRING 31-DEC-2025

Date the +securities the subject of this notification were issued

20/12/2022

Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class Yes

Were any of the +securities issued to +key management personnel (KMP) or an +associate? No

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02440666-6A1057961?access_token=8 3ff96335c2d45a094df02a206a39ff4 Any other information the entity wishes to provide about the +securities the subject of this notification

Issue details

Number of +securities

75,000

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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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
GL1 : ORDINARY FULLY PAID	212,698,256
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
GL1AE : OPTION EXPIRING 12-NOV-2024 EX $1.00	4,800,000
GL1AB : ORDINARY FULLY PAID RESTRICTED	42,432,443
GL1AC : OPTION EXPIRING 06-MAY-2025 RESTRICTED	4,780,614
GL1AD : PERFORMANCE RIGHTS RESTRICTED	4,000,000
GL1AF : PERFORMANCE RIGHTS EXPIRING 31-DEC-2022	475,000
GL1AG : PERFORMANCE RIGHTS EXPIRING 31-DEC-2023	475,000
GL1AH : PERFORMANCE RIGHTS EXPIRING 31-DEC-2024	475,000
GL1AI : PERFORMANCE RIGHTS EXPIRING 31-DEC-2025	475,000

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

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

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Part 5 - Other Listing Rule requirements

5.1 Were the +securities issued under an exception in Listing Rule 7.2 and therefore the issue did not need any security holder approval under Listing Rule 7.1? Yes

5.1a Select the number of the applicable exception in Listing Rule 7.2

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