LCL RESOURCES LIMITED — Share Issue/Capital Change 2021

Jun 27, 2021

Application for quotation of +securities

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Announcement Summary

Entity name

LOS CERROS LIMITED

Announcement Type

New announcement

Date of this announcement

Monday June 28, 2021

The +securities to be quoted are:

+Securities issued, transferred or re-classified as a result of options being exercised or other +convertible securities being converted

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
LCL	ORDINARY FULLY PAID	225,000	28/06/2021

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

LOS CERROS 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 43119759349

1.3 ASX issuer code

LCL

1.4 The announcement is

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New announcement

1.5 Date of this announcement

28/6/2021

Application for quotation of +securities

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Application for quotation of +securities

Part 2 - Type of Issue

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2.1 The +securities to be quoted are:

+Securities issued, transferred or re-classified as a result of options being exercised or other +convertible securities being converted

2.2 The +securities to be quoted are:

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Additional +securities in a class that is already quoted on ASX ("existing class")

Application for quotation of +securities

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Application for quotation of +securities

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Part 3B - number and type of +securities to be quoted (existing class) where issue has not previously been notified to ASX in an Appendix 3B

Existing +securities converting into additional +securities in an existing class

FROM (Existing Class) ASX +security code and description LCLAZ : OPTION EXPIRING 01-JUL-2025 EX 7C

TO (Existing Class) ASX +security code and description

LCL : ORDINARY FULLY PAID

	Please stathat were+converticonverted	te the number of optionsexercised or other	te the number of optionsexercised or other	The first date the optionexercised or other +con	The first date the optionexercised or other +con	s werevertible The last date the options weexercised or other +converti	s werevertible The last date the options weexercised or other +converti	reble
		le securities	that were	securities	were converte	dsecurit	ies were converted
	225000			18/6/2021		21/6/20	21
	,
	Is this allexercised	of the optionor have all o	or other +cothose conve	nvertible sectible securiti	urities on isss now been	e of that type (ie havonverted)?	all of those options	ow been
	No

The right of the holder of the options or other +convertible securities to receive the +underlying securities is being satisfied by:

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A reclassification of the +convertible securities as securities in the same class as the +underlying securities

The underlying securities being received by the holder are: Intended to be, but are not yet, quoted by ASX

Were the options being exercised or other +convertible securities being converted issued under an +employee incentive scheme? No

Issue date

28/6/2021

Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class? Yes

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 225,000 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 0.07000000 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

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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
LCL : ORDINARY FULLY PAID	473,722,532
LCLOB : OPTION EXPIRING 16-AUG-2021	53,014,872

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
LCLAE : PERFORMANCE RIGHTS EXPIRING 31-DEC-2024	2,440,000
LCLAF : PERFORMANCE RIGHTS EXPIRING 31-DEC-2024	5,430,000
LCLAG : PERFORMANCE RIGHTS EXPIRING 31-DEC-2024	5,430,000
LCLAZ : OPTION EXPIRING 01-JUL-2025 EX 7C	2,137,429
LCLAB : PERFORMANCE RIGHTS	250,000
LCLAD : OPTION EXPIRING 09-OCT-2021 EX $0.16	15,430,648
LCLAA : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	7,500,000
LCLAW : OPTION EXPIRING 30-SEP-2024 EX 13.5C	10,000,000
LCLAX : OPTION EXPIRING 06-APR-2022 EX 10C	27,587,500
LCLAC : OPTION EXPIRING 18-MAY-2022 EX 2C	5,162,500
LCLAAB : PERFORMANCE RIGHTS	1,965,000
LCLAAA : PERFORMANCE RIGHTS	3,000,000

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