IMAGION BIOSYSTEMS LIMITED — Capital/Financing Update 2023

Mar 20, 2023

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Announcement Summary

Entity name

IMAGION BIOSYSTEMS LIMITED

Date of this announcement

Tuesday March 21, 2023

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

Refer to next page for full details of the announcement

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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

IMAGION BIOSYSTEMS LIMITED

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

1.2 Registered number type

ACN

Registration number

616305027

1.3 ASX issuer code

IBX

1.4 The announcement is

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New announcement

1.5 Date of this announcement

21/3/2023

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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
07-Mar-2023 17:47	New - Proposed issue of securities - IBX	A placement or other type of issue

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

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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 IBXAAP : UNQUOTED ENTITLEMENT (INTERMEDIATE) SECURITY Date the +securities the subject of this notification were issued 21/3/2023 Any other information the entity wishes to provide about the +securities the subject of this notification 1,650,000 convertible securities issued pursuant to the Convertible Securities Agreement announced on 7 March 2023 Issue details Number of +securities 1,650,000 Were the +securities issued for a cash consideration? Yes In what currency was the cash consideration being What was the issue price per +security? paid? AUD - Australian Dollar AUD 0.90909000

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Part 4 - +Securities on issue

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Following the issue, conversion or payment up of the +securities the subject of this application, the +securities 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)

	Total number of
ASX +security code and description	+securities on issue
IBX : ORDINARY FULLY PAID	1,121,318,534
IBXOA : OPTION EXPIRING 28-APR-2023	233,301,933
IBXN : ORDINARY FULLY PAID DEFERRED	140,164,817
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
IBXAAO : OPTIONS EXPIRING VARIOUS DATES EX $0.029	3,000,000
IBXAAD : OPTION EXPIRING 30-NOV-2026 EX $0.14	1,000,000
IBXAAE : OPTION EXPIRING 30-NOV-2027 EX $0.14	1,000,000
IBXAAF : OPTION EXPIRING 30-NOV-2028 EX $0.14	1,000,000
IBXAW : OPTION EXPIRING 24-JUN-2024 EX $0.028	2,050,000
IBXAX : OPTION EXPIRING 22-AUG-2024 EX $0.06	300,000
IBXAAK : OPTION EXPIRING VARIOUS DATES EX $0.0679	1,000,000
IBXAY : OPTION EXPIRING 07-OCT-2024 EX $0.06	200,000
IBXAZ : OPTION EXPIRING 20-SEP-2024 EX $0.06	100,000
IBXAAA : OPTION EXPIRING 01-MAY-2026 EX $0.028	3,250,000
IBXAAB : OPTION EXPIRING 01-MAY-2027 EX $0.028	3,250,000

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

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
IBXAAC : OPTION EXPIRING 01-MAY-2028 EX $0.028	2,000,000
IBXAE : PERFORMANCE RIGHTS	10,000,000
IBXAAM : OPTION EXPIRING VARIOUS DATES EX $0.042	1,571,000
IBXAAL : OPTION EXPIRING VARIOUS DATES EX $0.058	2,000,000
IBXAF : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	6,650,000
IBXAAN : OPTION EXPIRING 30-SEP-2030 EX $0.034	2,000,000
IBXAAG : OPTION EXPIRING 31-MAY-2029 EX $0.115	200,000
IBXAAI : OPTION EXPIRING VARIOUS DATES EX $0.0872	1,500,000
IBXAAJ : PERFORMANCE RIGHTS FY21	9,000,000
IBXAAH : PERFORMANCE OPTION EXPIRING VAR DATES EX $0.0872	6,000,000

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