LORD RESOURCES LIMITED — Share Issue/Capital Change 2024

Jun 20, 2024

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

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Announcement Summary

Entity name

LORD RESOURCES LIMITED

Date of this announcement

Friday June 21, 2024

The +securities the subject of this notification are: Other

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	Options exercisable at $0.10 expiring 15 June	11,200,000	21/06/2024
to be confirmed	2027.

Refer to next page for full details of the announcement

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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

LORD RESOURCES 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 Registration number ACN 107385884

1.3 ASX issuer code

LRD

1.4 The announcement is

New announcement

1.5 Date of this announcement

21/6/2024

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Part 2 - Issue details

2.1 The +securities the subject of this notification are:

Other

Please specify

Issue of options to directors, technical staff and consultants to the Company.

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:

does not have an existing ASX security code ("new class")

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

New +securities

ASX +security code		+Security description
New class - code to be confirmed		Options exercisable at $0.10 expiring 15 June 2027.
+Security type		ISIN code
Options
Date the +securities the subject of this notification were		issued
21/6/2024
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.
Options Details
+Security currency	Exercise price	Expiry date
AUD - Australian Dollar	AUD 0.10000000	15/6/2027

Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option

LRD : ORDINARY FULLY PAID

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

8.7 million unlisted options are being issued to the directors in accordance with the Notice of Meeting dated 13 May 2024, as approved by shareholders at the General Meeting held on 20 June 2024. A further 2.5 million unlisted options were also issued to the company secretary, technical staff and a consultant to the Company.

Please provide any further information needed to understand the circumstances in which you are notifying the issue of these +securities to ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B

N/A.

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

Issue details

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Number of +securities

11,200,000 Were the +securities issued for a cash consideration? No

Please describe the consideration being provided for the +securities Nil. Purpose of the issue Other

Additional Details

Issue of Incentive options.

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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
LRD : ORDINARY FULLY PAID	53,849,621
LRDO : OPTION EXPIRING 31-JAN-2027	19,438,560

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
LRDAK : PERFORMANCE RIGHTS	450,000
LRDAD : OPTION EXPIRING 28-MAR-2027 EX $0.25	12,000,000
LRDAI : OPTION EXPIRING 30-JUN-2025 EX $0.30	1,850,000
LRDAH : OPTION EXPIRING 31-MAY-2025 EX $0.25	800,000
New class - code to be confirmed : Options exercisable at $0.10 expiring 15 June 2027.	11,200,000

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Part 5 - Other Listing Rule requirements

5.1 Were the +securities issued under an exception in Listing Rule 7.2 and therefore the issue did not need any security holder approval under Listing Rule 7.1? No

5.2 Has the entity obtained, or is it obtaining, +security holder approval for the issue under listing rule 7.1? No

5.2b Are any of the +securities being issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1? Yes

5.2b.1 How many +securities are being issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1? 2500000

5.2c Are any of the +securities being issued without +security holder approval using the entity's additional 10% placement capacity under listing rule 7.1A (if applicable)? No

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