LOYAL METALS LTD — Share Issue/Capital Change 2023

Aug 17, 2023

Application for quotation of +securities

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Announcement Summary

Entity name

LOYAL LITHIUM LIMITED

Announcement Type

New announcement

Date of this announcement

Friday August 18, 2023

The +securities to be quoted are:

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Unquoted partly paid +securities that have been fully paid up and are now to become quoted fully paid +securities

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
LLI	ORDINARY FULLY PAID	3,964,450	18/08/2023

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

LOYAL LITHIUM 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

ACN

Registration number 644564241

1.3 ASX issuer code

LLI

1.4 The announcement is

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New announcement

1.5 Date of this announcement

18/8/2023

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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Unquoted partly paid +securities that have been fully paid up and are now to become quoted fully paid +securities

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 that have been paid up into an existing fully paid class

FROM (Existing Class) ASX +security code and description LLIAB : OPTION EXPIRING 06-JUL-2024 EX $0.30

TO (Existing Class) ASX +security code and description

LLI : ORDINARY FULLY PAID

Please state the number of unquoted partly paid +securities that have been And the date the +securities were fully paid up and that are now to become quoted on ASX fully paid up 3,964,450 18/8/2023 Is this all of the partly paid +securities on issue of that type (ie have all of those partly paid securities now been fully paid up)? No

Issue date

18/8/2023

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

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Application for quotation of +securities

Issue details

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Number of +securities to be quoted 3,964,450 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 Shares issued under a Cleansing Prospectus. No Cleansing Statement to be Issued

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
LLI : ORDINARY FULLY PAID	72,954,451

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
LLIAM : OPTION EXPIRING 06-JUL-2024 EX $0.30	4,000,000
LLIAL : OPTION EXPIRING 31-MAY-2026 EX $0.50	3,499,999
LLIAI : OPTION EXPIRING 25-JUL-2025 EX $0.35	1,000,000
LLIAJ : PERFORMANCE RIGHTS	700,000
LLIAK : OPTION EXPIRING 16-JAN-2026 EX $0.60	2,000,000
LLIAR : PERFORMANCE RIGHTS RESTRICTED	2,500,000
LLIAQ : OPTION EXPIRING 31-MAR-2026 RESTRICTED	2,000,000
LLIAN : ORDINARY FULLY PAID RESTRICTED	2,000,000
LLIAS : PERFORMANCE SHARES RESTRICTED	4,000,000
LLIAO : ORDINARY FULLY PAID RESTRICTED	15,250,000
LLIAP : OPTION EXPIRING 28-MAR-2026 RESTRICTED	4,000,000
LLIAB : OPTION EXPIRING 06-JUL-2024 EX $0.30	14,335,550
LLIAD : OPTION EXPIRING 02-MAY-2025 EX $0.45	500,000

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