MEDALLION METALS LIMITED. — Share Issue/Capital Change 2025

Aug 14, 2025

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Announcement Summary

Entity name

MEDALLION METALS LIMITED.

Date of this announcement

Friday August 15, 2025

The +securities the subject of this notification are:

+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

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	Options Expiring 16-07-2028	5,800,000	15/08/2025
to be confirmed

Refer to next page for full details of the announcement

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Appendix 3G - 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

MEDALLION METALS LIMITED.

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

1.2 Registered number type Registration number ACN 609225023

1.3 ASX issuer code

MM8

1.4 The announcement is

New announcement

1.5 Date of this announcement

15/8/2025

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Part 2 - Issue details

2.1 The +securities the subject of this notification are:

+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

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

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)

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ASX +security code +Security description
New class - code to be confirmed Options Expiring 16-07-2028
+Security type ISIN code
Options
Date the +securities the subject of this notification were issued
15/8/2025
Will all the +securities issued in this class rank equally in all respects from their issue date?
Yes
Were any of the +securities issued to +key management personnel (KMP) or an +associate?
Yes
Provide details of the KMP or +associates being issued +securities.
Name of KMP Name of registered holder Number of +securities
John Fitzgerald Mr John FitzgeraldFitzgerald Family A/C>
Paul Bennett Filiae Investments Pty Ltd 4,000,000
Anthony James Mr Anthony Paul James & Mrs Ann 800,000
Morag James
Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under
listing rule 6.1?
No
Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being
issued.
Refer to Schedule 2
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02957094-6A1268727&v=4a466cc3f89
9e00730cfbfcd5ab8940c41f474b6
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Options Details

+Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.00000000 16/7/2028

Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option

MM8 : ORDINARY FULLY PAID

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

Refer to Schedule 4 https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02957094-6A1268727&v=4a466cc3f89 9e00730cfbfcd5ab8940c41f474b6

Any other information the entity wishes to provide about the +securities the subject of this notification

For further details refer to the Notice of General Meeting dated 10 June 2025

Issue details

Number of +securities 5,800,000

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Appendix 3G - 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 notification, the +securities of the entity will comprise:

The figures in parts 4.1 and 4.2 below are automatically generated and may not reflect the entity's current issued capital if other Appendix 2A, Appendix 3G or Appendix 3H forms are currently with ASX for processing.

4.1 Quoted +securities (Total number of each +class of +securities issued and quoted on ASX)

	Total number of
ASX +security code and description	+securities on issue
MM8 : ORDINARY FULLY PAID	611,760,005
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
MM8AN : OPTION EXPIRING 08-AUG-2026 EX $0.0975	3,500,000
MM8AE : OPTION EXPIRING 20-OCT-2026 EX NIL PRICE	82,500
MM8AK : OPTION EXPIRING 26-NOV-2027 EX NIL	2,850,000
MM8AO : OPTION EXPIRING 30-SEP-2027 EX $0.075	4,000,000
MM8AQ : OPTION EXPIRING 30-APR-2028 EX NIL	8,500,000
MM8AL : OPTION EXPIRING 26-NOV-2027 EX NIL	1,206,500
MM8AC : OPTION EXPIRING 15-OCT-2025 EX $0.01	1,575,000
MM8AD : OPTION EXPIRING 15-OCT-2025 EX $0.01	75,000
MM8AP : OPTION EXPIRING 07-FEB-2028 EX $0.15	5,500,000
New class - code to be confirmed : Options Expiring 16-07-2028	5,800,000

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? No

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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