MACRO METALS LIMITED — Share Issue/Capital Change 2023

Feb 27, 2023

Application for quotation of +securities

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Announcement Summary

Entity name

MACRO METALS LIMITED

Announcement Type

New announcement

Date of this announcement

Tuesday February 28, 2023

The +securities to be quoted are:

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Other

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
M4M	ORDINARY FULLY PAID	10,000,000	28/02/2023

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

MACRO METALS 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 28001894033

1.3 ASX issuer code

M4M

1.4 The announcement is

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New announcement

1.5 Date of this announcement

28/2/2023

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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Other

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")

2.3c Have these +securities been offered under a +disclosure document or +PDS?

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No

2.3d Please provide any further information needed to understand the circumstances in which you are applying to have these +securities quoted on ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B

The Company has elected to extend the exclusivity period by 3-months in relation to the exclusive option agreement to acquire 100% of the Salar Verde Project in Chile. In consideration for electing to extend the exclusive option, the Company will issue 10,000,000 Shares.

2.4 Any on-sale of the +securities to be quoted within 12 months of their date of issue will comply with the secondary sale provisions in sections 707(3) and 1012C(6) of the Corporations Act by virtue of: The publication of a cleansing notice under section 708A(5), 708AA(2)(f), 1012DA(5) or 1012DAA(2)(f)

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 ASX +security code and description M4M : ORDINARY FULLY PAID Issue date 28/2/2023 Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class? Yes Issue details Number of +securities to be quoted 10,000,000 Are the +securities being issued for a cash consideration? No Please describe the consideration being provided for the +securities Deemed issue price of $0.004 per Share. Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted 40,000.000000 Any other information the entity wishes to provide about the +securities to be quoted The purpose(s) for which the entity is issuing the securities Other Please provide additional details The Company has elected to extend the exclusivity period by 3-months in relation to the exclusive option agreement to acquire 100% of the Salar Verde Project in Chile. In consideration for electing to extend the exclusive option, the Company will issue 10,000,000 Shares.

Application for quotation of +securities

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Application for quotation of +securities

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Part 4 - Issued capital following quotation

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
M4M : ORDINARY FULLY PAID	1,957,077,756
M4MOB : OPTION EXPIRING 31-DEC-2024	119,749,999

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
M4MAI : ORDINARY FULLY PAID	1,000,000
M4MAM : OPTION EXPIRING 15-JUN-2024 EX $0.023765	14,800,000
M4MAB : OPTION EXPIRING 01-DEC-2023 EX $0.03	5,000,000

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? 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?

10,000,000 fully paid ordinary shares

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

Application for quotation of +securities

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