LODE RESOURCES LTD — Capital/Financing Update 2023

Feb 13, 2023

Application for quotation of +securities

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Announcement Summary

Entity name

LODE RESOURCES LTD

Announcement Type

New announcement

Date of this announcement

Tuesday February 14, 2023

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
LDR	ORDINARY FULLY PAID	14,800,000	14/02/2023
LDRO	OPTION EXPIRING 25-AUG-2024	4,933,333	14/02/2023

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

LODE RESOURCES LTD

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 30637512415

1.3 ASX issuer code

LDR

1.4 The announcement is

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New announcement

1.5 Date of this announcement

14/2/2023

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 06-Feb-2023 08:44 New - Proposed issue of securities - A placement or other type of issue LDR

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

The issue of 2,500,000 unlisted 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 LDR : ORDINARY FULLY PAID

Issue date 14/2/2023

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		%

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
14,800,000
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 0.30000000
Any other information the entity wishes to provide about the +securities to be quoted
No
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	ASX +security code and description
	LDRO : OPTION EXPIRING 25-AUG-2024
	Issue date
	14/2/2023
	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		%

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

4,933,333

Are the +securities being issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

Attaching options to the subscriber's of the placement

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted

148,000.000000

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

No

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
LDR : ORDINARY FULLY PAID	66,369,245
LDRO : OPTION EXPIRING 25-AUG-2024	13,263,833

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
LDRAE : OPTION EXPIRING 02-DEC-2024 EX NIL	1,428,572
LDRAB : ORDINARY FULLY PAID RESTRICTED	40,414,900
LDRAC : OPTION EXPIRING 02-JUL-2023 RESTRICTED	1,000,000
LDRAD : OPTION EXPIRING 14-JUL-2023 EX $0.30	500,000

Application for quotation of +securities

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