GOLDEN MILE RESOURCES LTD — Capital/Financing Update 2021

Aug 23, 2021

Application for quotation of +securities

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Announcement Summary

Entity name

GOLDEN MILE RESOURCES LTD

Announcement Type

New announcement

Date of this announcement

Tuesday August 24, 2021

The +securities to be quoted are: Other

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
G88O	OPTION EXPIRING 23-SEP-2023	166,665	24/08/2021

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

GOLDEN MILE 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

ACN

Registration number 614538402

1.3 ASX issuer code

G88

1.4 The announcement is

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New announcement

1.5 Date of this announcement

24/8/2021

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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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Other

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")

2.3c Have these +securities been offered under a +disclosure document or +PDS? No

2.3d Please provide any further information needed to understand the circumstances in which you are applying to have these +securities quoted on ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B

Listed options being issued to Directors on the same terms as the Company's non-renounceable entitlement issue of Options as approved at the Company's 27 July 2021 EGM.

2.4 Any on-sale of the +securities to be quoted within 12 months of their date of issue will comply with the secondary sale provisions in sections 707(3) and 1012C(6) of the Corporations Act by virtue of: The publication of a cleansing notice under section 708A(5), 708AA(2)(f), 1012DA(5) or 1012DAA(2)(f)

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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

ASX +security code and description G88O : OPTION EXPIRING 23-SEP-2023 Issue date 24/8/2021 Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class? Yes Issue details Number of +securities to be quoted 166,665 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 0.00500000 Any other information the entity wishes to provide about the +securities to be quoted The purpose(s) for which the entity is issuing the securities Other Please provide additional details

Please refer to the notice of meeting for the Company's 27 July 2021 EGM for further details.

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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
G88O : OPTION EXPIRING 23-SEP-2023	21,906,609
G88 : ORDINARY FULLY PAID	140,018,328

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
G88AF : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	6,250,000
G88AG : OPTION EXPIRING 26-AUG-2023 EX 9.2C	4,000,000
G88AJ : OPTION EXPIRING 05-MAY-2023 EX $0.10	1,000,000
G88AH : OPTION EXPIRING 30-SEP-2023 EX $0.10	4,000,000

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Application for quotation of +securities

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Part 5 - Other Listing Rule requirements

5.1 Are the +securities being issued under an exception in Listing Rule 7.2 and therefore the issue does not need any security holder approval under Listing Rule 7.1? No

5.2 Has the entity obtained, or is it obtaining, +security holder approval for the issue under listing rule 7.1? Yes

5.2a Date of meeting or proposed meeting to approve the issue under listing rule 7.1

27/7/2021

Application for quotation of +securities

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