GREAT SOUTHERN MINING LIMITED — Capital/Financing Update 2021

Aug 18, 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

Thursday August 19, 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	15,160,000	24/09/2021
GSN	ORDINARY FULLY PAID	50,640,000	19/08/2021

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

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

19/8/2021

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 11-Aug-2021 10:05 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?

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Yes

2.3a.3 Please provide details of the further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B

All Listed Options to be issued under the Placement will be issued subject to a meeting of shareholders. The Company is in the process of convening this meeting to ratify the issue of the Placement Shares (the subject of this Appendix 2A) and approve the issue of the Listed Options.

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

GSNOA : OPTION EXPIRING 04-SEP-2022

Issue date

24/9/2021

Issue details

Number of +securities to be quoted

15,160,000

Are the +securities being issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

Nil - free attaching Listed Options on Placement Securities and adviser Listed Options

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

Value above based on last quoted price of $0.017 per Listed Option. All Listed Options to be issued under the Placement will be issued subject to a meeting of shareholders. The Company is in the process of convening this meeting to ratify the issue of the Placement Shares (the subject of this Appendix 2A) and approve the issue of the Listed Options.

ASX +security code and description

GSN : ORDINARY FULLY PAID

Issue date

19/8/2021

Application for quotation of +securities

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Application for quotation of +securities

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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		%
Issue details

Number of +securities to be quoted 50,640,000 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 0.05000000

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

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	172,644,222
GSN : ORDINARY FULLY PAID	505,660,420
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
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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