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KRAKATOA RESOURCES LIMITED Capital/Financing Update 2021

Aug 2, 2021

65207_rns_2021-08-02_17ac450c-5991-4d06-bb82-faa8dfe959ad.pdf

Capital/Financing Update

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3 August 2021

Expiry of Options

Krakatoa Resources Limited (the “Company”) advises that 4,075,018 ordinary fully paid shares have been issued on 3 August 2021, arising from the exercise of 4,075,018 options exercisable at $0.05 on or before 31 July 2021.

As a result, the following options have now expired unexercised:

  • 67,040,083 options exercisable at $0.05 on or before 31 July 2021

  • 5,000,000 options exercisable at $0.075 on or before 31 July 2021.

The Company also advises that it has issued on 3 August 2021, 5,000,000 unquoted options exercisable at $0.075 on or before 29 November 2023 (existing class) to unrelated parties for corporate advisory services, under existing LR7.1 capacity.

Authorised for release by David Palumbo, Company Secretary.

FOR FURTHER INFORMATION:

Colin Locke Executive Chairman +61 457 289 582 [email protected]

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Capital Structure 294,709,917 Fully Paid Shares 21,200,000 Options @ 7.5c exp 29/11/23 15,000,000 Share Appreciation Rights

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ASX Code KTA