GLOBAL LITHIUM RESOURCES LIMITED — Share Issue/Capital Change 2023

May 4, 2023

Application for quotation of +securities

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Announcement Summary

Entity name

GLOBAL LITHIUM RESOURCES LIMITED

Announcement Type

New announcement

Date of this announcement

Friday May 05, 2023

The +securities to be quoted are:

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+Restricted securities where the escrow period has expired or is about to expire

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
GL1	ORDINARY FULLY PAID	44,099,109	08/05/2023

Refer to next page for full details of the announcement

Application for quotation of +securities

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Application for quotation of +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) 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 58626093150

1.3 ASX issuer code

GL1

1.4 The announcement is

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New announcement

1.5 Date of this announcement

5/5/2023

Application for quotation of +securities

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Application for quotation of +securities

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Part 2 - Type of Issue

2.1 The +securities to be quoted are:

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+Restricted securities where the escrow period has expired or is about to expire

2.2 The +securities to be quoted are:

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Additional +securities in a class that is already quoted on ASX ("existing class")

Application for quotation of +securities

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Application for quotation of +securities

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Part 3B - number and type of +securities to be quoted (existing class) where issue has not previously been notified to ASX in an Appendix 3B

Additional +securities to be quoted in an existing class as a result of escrow expiring on an existing class

FROM (Existing Class) ASX +security code and description GL1AB : ORDINARY FULLY PAID RESTRICTED

TO (Existing Class) ASX +security code and description GL1 : ORDINARY FULLY PAID

Please state the number of +restricted securities where the escrow period And the date the escrow restrictions has expired or is about to expire have ceased or will cease 44,099,109 6/5/2023

Issue date 8/5/2023

Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class?

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Yes

Application for quotation of +securities

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Application for quotation of +securities

Issue details

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Number of +securities to be quoted

44,099,109

Are the +securities being issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

The shares coming out of escrow were previously issued at various cash prices per share. No cash consideration is being received on quotation of these shares.

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted

0.000000

Any other information the entity wishes to provide about the +securities to be quoted

The shares have been in escrow for 24 months following the Company's listing on ASX on 6 May 2021.

Application for quotation of +securities

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Application for quotation of +securities

Part 4 - Issued capital following quotation

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

	Total number of
ASX +security code and description	+securities on issue
GL1 : ORDINARY FULLY PAID	257,272,365
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
GL1AK : PERFORMANCE RIGHTS EXPIRING 30-NOV-2024	75,000
GL1AJ : PERFORMANCE RIGHTS EXPIRING 30-NOV-2023	75,000
GL1AB : ORDINARY FULLY PAID RESTRICTED	0
GL1AC : OPTION EXPIRING 06-MAY-2025 RESTRICTED	4,780,614
GL1AD : PERFORMANCE RIGHTS RESTRICTED	2,333,334
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)

Application for quotation of +securities

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