MANUKA RESOURCES LTD. — Capital/Financing Update 2023

Jul 18, 2023

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Announcement Summary

Entity name

MANUKA RESOURCES LTD.

Date of this announcement

Wednesday July 19, 2023

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	OPTION EXPIRING 30-JUN-2025 EX $0.0574	4,000,000	18/07/2023
to be confirmed

Refer to next page for full details of the announcement

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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

MANUKA RESOURCES LTD.

We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.

1.2 Registered number type

ABN

Registration number

80611963225

1.3 ASX issuer code

MKR

1.4 The announcement is

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New announcement

1.5 Date of this announcement

19/7/2023

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

Part 2 - Issue details

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2.1 The +securities the subject of this notification are:

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Other

Please specify

Unlisted Options expiring 30 June 2025 with an exercise price of $0.0574

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

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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) where issue has not previously been notified to ASX in an Appendix 3B

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New +securities
ASX +security code +Security description
New class - code to be confirmed OPTION EXPIRING 30-JUN-2025 EX $0.0574
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ASX +security code New class - code to be confirmed	+Security description OPTION EXPIRING 30-JUN-2025 EX $0.0574
+Security type	ISIN code
Options
Date the +securities the subject of this notification were issued
18/7/2023
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?
Yes

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued. https://www.manukaresources.com.au/site/investor-centre/asx-announcements

Options Details
+Security currency	Exercise price	Expiry date
AUD - Australian Dollar	AUD 0.05740000	30/6/2025
Details of the existing class of +security that will be issued upon exercise or conversion of this new class of
company option
Other
Description
Fully Paid Ordinary Shares
Any other information the entity wishes to provide about the +securities the subject of this notification

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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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

Unlisted options issued as part consideration for the extension of existing debt facilities as announced to the market on 24 August 2022

Issue details

Number of +securities

4,000,000

Were the +securities issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

Extension of existing debt facility

Purpose of the issue

To pay for services rendered

Additional Details

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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 application, the +securities 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)

	Total number of
ASX +security code and description	+securities on issue
MKR : ORDINARY FULLY PAID	540,870,062
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
MKRAP : OPTION EXPIRING 16-DEC-2025 EX $0.17	19,571,419
MKRAI : OPTION EXPIRING 14-JUL-2023 EX $0.25	10,000,000
MKRAK : OPTION EXPIRING 30-SEP-2023 EX $0.323	5,000,000
MKRAO : OPTION EXPIRING 31-DEC-2024 EX $0.35	12,000,000
MKRAQ : OPTION EXPIRING 15-DEC-2024 EX $0.115	4,000,000
MKRAR : OPTION EXPIRING 31-DEC-2023 EX $0.13	19,034,266
MKRAN : OPTION EXPIRING 30-SEP-2024 EX $0.163	5,000,000
MKRAJ : OPTION EXPIRING 28-JUL-2023 EX $0.30	5,000,000
MKRAT : OPTION EXPIRING 31-MAR-2025 EX $0.0829	4,000,000
MKRAL : OPTION EXPIRING 11-JAN-2024 EX $0.50	1,100,000
MKRAS : OPTION EXPIRING 19-APR-2025 EX $0.25	2,000,000
New class - code to be confirmed : OPTION EXPIRING 30-JUN-2025 EX $0.0574	4,000,000

4.2 Unquoted +Securities (Total number of each +class of +securities issued but not quoted on ASX)

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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?

4000000

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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