MANUKA RESOURCES LTD. — Share Issue/Capital Change 2023

Nov 19, 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

Monday November 20, 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 17-NOV-2025 EX $0.0504	10,000,000	20/11/2023
to be confirmed
New class - code	OPTION EXPIRING 31-DEC-2025 EX $0.10	25,757,575	20/11/2023
to be confirmed

Refer to next page for full details of the announcement

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

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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

20/11/2023

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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

Issue of options as approved at AGM on 16 November 2023

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

New +securities
ASX +security code New class - code to be confirmed	+Security description OPTION EXPIRING 17-NOV-2025 EX $0.0504
+Security type	ISIN code
Options
Date the +securities the subject of this notification were issued
20/11/2023
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 0.05040000	17/11/2025
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

Terms of options outlined in Notice of Annual General Meeting dated 16 October 2023 and approved by shareholders on 16 November 2023.

Issue details

Number of +securities 10,000,000

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

New +securities

ASX +security code +Security description New class - code to be confirmed OPTION EXPIRING 31-DEC-2025 EX $0.10 +Security type ISIN code Options Date the +securities the subject of this notification were issued 20/11/2023

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

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

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

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Options Details

+Security currency AUD - Australian Dollar

Exercise price Expiry date AUD 0.10000000 31/12/2025

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

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

Terms of options outlined in Notice of Annual General Meeting dated 16 October 2023 and approved by shareholders on 16 November 2023.

Issue details

Number of +securities

25,757,575

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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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	562,520,062
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
MKRAU : OPTION EXPIRING 30-JUN-2025 EX $0.0574	4,000,000
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
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 17-NOV-2025 EX $0.0504	10,000,000
New class - code to be confirmed : OPTION EXPIRING 31-DEC-2025 EX $0.10	25,757,575

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? Yes

5.2a Date of meeting or proposed meeting to approve the issue under listing rule 7.1

16/11/2023

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