GREAT SOUTHERN MINING LIMITED — Capital/Financing Update 2021

Dec 21, 2021

Application for quotation of +securities

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Announcement Summary

Entity name

GREAT SOUTHERN MINING LIMITED

Announcement Type

New announcement

Date of this announcement

Wednesday December 22, 2021

The +securities to be quoted are:

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+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
GSNOA	OPTION EXPIRING 04-SEP-2022	13,333,345	22/12/2021
GSN	ORDINARY FULLY PAID	26,666,666	22/12/2021

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

GREAT SOUTHERN MINING 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 37148168825

1.3 ASX issuer code

GSN

1.4 The announcement is

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New announcement

1.5 Date of this announcement

22/12/2021

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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+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B

Previous Appendix 3B details:

Announcement Date and	Announcement Title	Selected Appendix 3B to submit quotation
Time		request
13-Dec-2021 12:03	New - Proposed issue of securities -	A placement or other type of issue
	GSN

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

Application for quotation of +securities

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Application for quotation of +securities

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Part 3A - number and type of +securities to be quoted where issue has previously been notified to ASX in an Appendix 3B

Placement Details

ASX +security code and description GSN : ORDINARY FULLY PAID

Issue date

22/12/2021

Distribution Schedule

Provide a distribution schedule for the new +securities according to the categories set out in the left hand column - including the number of recipients and the total percentage of the new +securities held by the recipients in each category.

		Total percentage of +securities held
Number of +securities held	Number of holders	For example, to enter a value of 50%
		please input as 50.00
1 - 1,000		%
1,001 - 5,000		%
5,001 - 10,000		%
10,001 - 100,000		%
100,001 and over		%

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 26,666,666 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 0.06000000 Any other information the entity wishes to provide about the +securities to be quoted Issued as part of the placement announced 13/12/21/ ASX +security code and description GSNOA : OPTION EXPIRING 04-SEP-2022 Issue date 22/12/2021

Distribution Schedule

Provide a distribution schedule for the new +securities according to the categories set out in the left hand column - including the number of recipients and the total percentage of the new +securities held by the recipients in each category.

		Total percentage of +securities held
Number of +securities held	Number of holders	For example, to enter a value of 50%
		please input as 50.00
1 - 1,000		%
1,001 - 5,000		%
5,001 - 10,000		%
10,001 - 100,000		%
100,001 and over		%

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

13,333,345

Are the +securities being issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

Nil - 1 free attaching listed option issued for every 2 shares applied for under the placement. The Listed Options carry the same terms and conditions as those already on issue.

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

0.018000

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

1.8 cents each being the last traded price prior to the 13/12/21.

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
GSNOA : OPTION EXPIRING 04-SEP-2022	187,937,563
GSN : ORDINARY FULLY PAID	532,367,086
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
GSNAB : OPTION EXPIRING 04-SEP-2022 EX 6C	5,000,000
GSNAA : OPTION EXPIRING VAR EX 5C	1,200,000
GSNAI : OPTION EXPIRING 05-OCT-2026 EX $0.10	15,250,000
GSNAG : OPTION EXPIRING 31-DEC-2022 EX $0.05	600,000
GSNAH : OPTION EXPIRING 30-JUN-2025 EX $0.20	600,000
GSNAC : OPTION EXPIRING 30-JUN-2023 EX 10C	1,500,000
GSNAD : OPTION EXPIRING 30-JUN-2024 EX 15C	500,000
GSNAE : OPTION EXPIRING 30-JUN-2025 EX 20C	1,500,000
GSNAF : PERFORMANCE RIGHTS	6,000,000

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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