M3 MINING LIMITED — Capital/Financing Update 2023

Jul 20, 2023

Application for quotation of +securities

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Announcement Summary

Entity name

M3 MINING LIMITED

Announcement Type

New announcement

Date of this announcement

Friday July 21, 2023

The +securities to be quoted are:

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+Restricted securities where the escrow period has expired or is about to expire

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
M3M	ORDINARY FULLY PAID	1,500,000	24/12/2020
M3M	ORDINARY FULLY PAID	2,067,500	22/09/2020
M3M	ORDINARY FULLY PAID	1,897,500	05/12/2020
M3M	ORDINARY FULLY PAID	46,875	12/04/2021

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

M3 MINING 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 644548434

1.3 ASX issuer code

M3M

1.4 The announcement is

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New announcement

1.5 Date of this announcement

21/7/2023

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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+Restricted securities where the escrow period has expired or is about to expire

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

Additional +securities to be quoted in an existing class as a result of escrow expiring on an existing class

FROM (Existing Class) ASX +security code and description M3MAC : ORDINARY FULLY PAID RESTRICTED

TO (Existing Class) ASX +security code and description M3M : ORDINARY FULLY PAID

Please state the number of +restricted securities where the escrow period And the date the escrow restrictions has expired or is about to expire have ceased or will cease 1,500,000 29/7/2023

Issue date 24/12/2020

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

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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

1,500,000

Are the +securities being issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

Consideration paid for vending of assets

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

0.000000

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

See Prospectus announced 27 July 2021

Additional +securities to be quoted in an existing class as a result of escrow expiring on an existing class

FROM (Existing Class) ASX +security code and description M3MAC : ORDINARY FULLY PAID RESTRICTED

TO (Existing Class) ASX +security code and description M3M : ORDINARY FULLY PAID

Please state the number of +restricted securities where the escrow period has expired or is about to expire

2,067,500

And the date the escrow restrictions have ceased or will cease 29/7/2023

Issue date

22/9/2020

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

Application for quotation of +securities

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Application for quotation of +securities

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+securities in that class? Yes

Issue details

Number of +securities to be quoted 2,067,500 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 0.02000000 Any other information the entity wishes to provide about the +securities to be quoted Issued to seed capital investors

Additional +securities to be quoted in an existing class as a result of escrow expiring on an existing class

FROM (Existing Class) ASX +security code and description M3MAC : ORDINARY FULLY PAID RESTRICTED TO (Existing Class) ASX +security code and description M3M : ORDINARY FULLY PAID Please state the number of +restricted securities where the escrow period And the date the escrow restrictions has expired or is about to expire have ceased or will cease 1,897,500 29/7/2023

Application for quotation of +securities

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Application for quotation of +securities

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Issue date

5/12/2020

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

Issue details

Number of +securities to be quoted

1,897,500

Are the +securities being issued for a cash consideration?

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Yes

In what currency is the cash consideration being paid? What is the issue price per +security? AUD - Australian Dollar AUD 0.05000000

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

Issued to seed capital investors

Additional +securities to be quoted in an existing class as a result of escrow expiring on an existing class

FROM (Existing Class) ASX +security code and description

M3MAC : ORDINARY FULLY PAID RESTRICTED

TO (Existing Class) ASX +security code and description

M3M : ORDINARY FULLY PAID

Please state the number of +restricted securities where the escrow period has expired or is about to expire 46,875

And the date the escrow restrictions have ceased or will cease 29/7/2023

Application for quotation of +securities

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Application for quotation of +securities

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Application for quotation of +securities
Issue date
12/4/2021
Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued
+securities in that class?
Yes
Issue details
Number of +securities to be quoted
46,875
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 0.16000000
Any other information the entity wishes to provide about Issued to seed capital investors	the +securities to be quoted

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
M3M : ORDINARY FULLY PAID	46,513,303

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
M3MAH : OPTION EXPIRING 19-DEC-2025 EX $0.189	3,000,000
M3MAC : ORDINARY FULLY PAID RESTRICTED	0
M3MAD : OPTION EXPIRING 30-JUN-2024 RESTRICTED	7,800,000
M3MAF : PERFORMANCE RIGHTS	3,800,000
M3MAG : OPTION EXPIRING 19-DEC-2025 EX $0.189	4,000,000

Application for quotation of +securities

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