HAWSONS IRON LTD — Share Issue/Capital Change 2024

May 6, 2024

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Announcement Summary

Entity name

HAWSONS IRON LTD

Date of this announcement

Tuesday May 07, 2024

The +securities the subject of this notification are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B that are not quoted, and 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
New class - code	$0.05 options expiry 30 May 2026	64,561,518	03/05/2024
to be confirmed

Refer to next page for full details of the announcement

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Appendix 3G - 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

HAWSONS IRON LTD

We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.

1.2 Registered number type Registration number ABN 63095117981

1.3 ASX issuer code

HIO

1.4 The announcement is

New announcement

1.5 Date of this announcement

7/5/2024

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Part 2 - Issue details

2.1 The +securities the subject of this notification are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B that are not quoted, and are not intended to be quoted, on ASX

Previous Appendix 3B details:

Announcement Date and	Announcement Title	Selected Appendix 3B to submit quotation
Time		request
24-Apr-2024 09:51	New - Proposed issue of securities -	A placement or other type of issue
	HIO

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?

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

Up to 30,303,030 ordinary shares to issued under the Shareholder Offer

Up to 30,303,030 free attaching options $0.05 exercise price and a 30 May 2026 expiry date (Sharholder Offer)

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Part 3A - number and type of +securities the subject of this notification (existing class or new class) where issue has previously been notified to ASX in an Appendix 3B

Placement Details

ASX +security code and description

new unquoted class of security

Date the +securities the subject of this notification were issued

3/5/2024

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

59,551,518 free attaching options $0.05 exercise price and a 30 May 2026 expiry date (Placement Offer) 5,010,000 joint manager options $0.05 exercise price and a 30 May 2026 expiry date

Issue details

Number of +securities

64,561,518

Were the +securities issued for a cash consideration?

No

Please describe the consideration being provided for the +securities

59,551,518 free attaching options with placement shares on a one-for-one basis Part fee payable to the joint managers to the share placement

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Part 3C - number and type of +securities the subject of this notification (new class)

ASX +security code New class - code to be confirmed	+Security description $0.05 options expiry 30 May 2026
+Security type	ISIN code
Options
Date the +securities the subject of this notification were issued
3/5/2024
Will all the +securities issued in this class rank equally in all respects from their issue date?
Yes
Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under
listing rule 6.1?
No
Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being
issued. https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02798846-2A1519206
Options Details
+Security currency	Exercise price Expiry date
AUD - Australian Dollar	AUD 0.05000000 30/5/2026
Details of the existing class of +security that will be issued upon exercise or conversion of this new class of
company option

HIO : ORDINARY FULLY PAID

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

59,551,518 free attaching options $0.05 exercise price and a 30 May 2026 expiry date (Placement Offer) 5,010,000 joint manager options $0.05 exercise price and a 30 May 2026 expiry date

Issue details

Number of +securities

64,561,518

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Appendix 3G - 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 notification, the +securities of the entity will comprise:

The figures in parts 4.1 and 4.2 below are automatically generated and may not reflect the entity's current issued capital if other Appendix 2A, Appendix 3G or Appendix 3H forms are currently with ASX for processing.

4.1 Quoted +securities (Total number of each +class of +securities issued and quoted on ASX)

	Total number of
ASX +security code and description	+securities on issue
HIO : ORDINARY FULLY PAID	978,622,577
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
HIOAA : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	106,000,000
New class - code to be confirmed : $0.05 options expiry 30 May 2026	64,561,518

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

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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