MACARTHUR MINERALS LIMITED — Capital/Financing Update 2021

Nov 30, 2021

Application for quotation of +securities

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Announcement Summary

Entity name

MACARTHUR MINERALS LIMITED

Announcement Type

New announcement

Date of this announcement

Wednesday December 01, 2021

The +securities to be quoted are:

+Securities issued under an +employee incentive scheme that are not subject to a restriction on transfer or that are to be quoted notwithstanding there is a restriction on transfer

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
MIO	ORDINARY FULLY PAID	150,000	24/11/2021

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

MACARTHUR MINERALS 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 93103011436

1.3 ASX issuer code

MIO

1.4 The announcement is

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New announcement

1.5 Date of this announcement

1/12/2021

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:

+Securities issued under an +employee incentive scheme that are not subject to a restriction on transfer or that are to be quoted notwithstanding there is a restriction on transfer

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 issued under an +employee incentive scheme

FROM (Existing Class) ASX +security code and description

MIOAE : OPTION EXPIRING 03-DEC-2021 EX CAD 0.20

TO (Existing Class) ASX +security code and description

MIO : ORDINARY FULLY PAID

Please state the number of +securities issued under the +employee incentive scheme that are not subject to a restriction on transfer or that are to be quoted notwithstanding there is a restriction on transfer 125,000

Please provide details of a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms

www.macarthurminerals.com

Are any of these +securities being issued to +key management personnel (KMP) or an +associate No

Issue date

24/11/2021

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

125,000

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? CAD - Canadian Dollar CAD 0.20000000

Any other information the entity wishes to provide about the +securities to be quoted Exercised of 125,000 Options expiring 3 December 2021

Additional +securities to be quoted in an existing class issued under an +employee incentive scheme

FROM (Existing Class) ASX +security code and description

MIOAD : OPTION EXPIRING 24-FEB-2022 EX CAD 0.20

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

Please state the number of +securities issued under the +employee incentive scheme that are not subject to a restriction on transfer or that are to be quoted notwithstanding there is a restriction on transfer 25,000

Please provide details of a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms

www.macarthurminerals.com

Are any of these +securities being issued to +key management personnel (KMP) or an +associate No

Issue date

24/11/2021

Application for quotation of +securities

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Application for quotation of +securities

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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 25,000

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? CAD - Canadian Dollar CAD 0.20000000

Any other information the entity wishes to provide about the +securities to be quoted Exercised of 25,000 Options expiring 24 February 2022

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
MIO : ORDINARY FULLY PAID	144,577,735

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
MIOAA : RESTRICTED SHARE UNITS EXPIRING 08-DEC-2023	1,000,000
MIOAD : OPTION EXPIRING 24-FEB-2022 EX CAD 0.20	1,455,000
MIOAE : OPTION EXPIRING 03-DEC-2021 EX CAD 0.20	430,000
MIOAAA : OPTION EXPIRING 31-DEC-2022 EX CAD 0.24	500,000
MIOAU : WARRANT EXPIRING 03-NOV-2022 EX CAD 0.40	204,609
MIOAX : OPTION EXPIRING 31-DEC-2022 EX 36C	500,000
MIOAY : OPTION EXPIRING 31-DEC-2022 EX 38C	500,000
MIOAW : OPTION EXPIRING 31-DEC-2022 EX 34C	500,000
MIOAAD : OPTION EXPIRING 26-OCT-2022 EX $0.90	5,137,382
MIOAAB : OPTION EXPIRING 31-DEC-2022 EX CAD 0.32	500,000
MIOAP : RIGHTS	7,927,683
MIOAQ : WARRANT EXPIRING 05-AUG-2022 EX CAD 0.40	3,029,375
MIOAR : WARRANT EXPIRING 01-OCT-2022 EX CAD 0.40	867,291

Application for quotation of +securities

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Application for quotation of +securities

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Application for quotation of +securities
MIOAT : WARRANT EXPIRING 15-DEC-2021 EX CAD 0.40	9,434,630
MIOAAE : OPTION EXPIRING 02-NOV-2022 EX $0.90	6,225,236
MIOAAF : OPTION EXPIRING 12-NOV-2022 EX $0.75	1,500,000
MIOAAK : OPTION EXPIRING 11-DEC-2022 EX CAD 0.80	500,000
MIOAAJ : RESTRICTED SHARE UNITS EXPIRING 11-JUN-2024	5,600,000
MIOAAI : RESTRICTED SHARE UNITS EXPIRING 19-JAN-2024	2,282,500

Application for quotation of +securities

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Application for quotation of +securities

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Part 5 - Other Listing Rule requirements

5.1 Are the +securities being issued under an exception in Listing Rule 7.2 and therefore the issue does not need any security holder approval under Listing Rule 7.1? Yes

5.1a Select the number of the applicable exception in Listing Rule 7.2

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Application for quotation of +securities

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