METALSGROVE MINING LTD — Share Issue/Capital Change 2026

Feb 1, 2026

Appendix 2A - Application for quotation of securities

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Announcement Summary

Entity name

METALSGROVE MINING LTD

Announcement Type

New announcement

Date of this announcement

Monday February 02, 2026

The +securities to be quoted are: Other

Please refer to the response to Q2.3d for further information about the type of securities to be quoted and the circumstances of the issue.

500,000 fully paid ordinary shares to be issued to Lijun Yang or his nominee per shareholder approval received on 30 January 2026.

500,000 fully paid ordinary shares to be issued to CRC Minerals for services in relation to Cote d'Ivoire project and approved by shareholders on 30 January 2026.

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
MGA	ORDINARY FULLY PAID	1,000,000	02/02/2026

Refer to next page for full details of the announcement

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Appendix 2A - Application for quotation of securities

Part 1 - Entity and announcement details

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1.1 Name of entity

METALSGROVE MINING LTD

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

Registration number

ACN 655643039

1.3 ASX issuer code

MGA

1.4 The announcement is

New announcement

1.5 Date of this announcement

2/2/2026

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Appendix 2A - Application for quotation of securities

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Part 2 - Type of Issue

2.1 The +securities to be quoted are:

Other

Please refer to the response to Q2.3d for further information about the type of securities to be quoted and the circumstances of the issue.

2.2 The +class of +securities to be quoted is:

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? 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

500,000 fully paid ordinary shares to be issued to Lijun Yang or his nominee per shareholder approval received on 30 January 2026.

500,000 fully paid ordinary shares to be issued to CRC Minerals for services in relation to Cote d'Ivoire project and approved by shareholders on 30 January 2026.

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)

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Appendix 2A - 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

MGA : ORDINARY FULLY PAID

Issue date

2/2/2026 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

1,000,000

Are the +securities being issued for a cash consideration?

No Please describe the consideration being provided for the +securities

500,000 shares to be issued to Lijun Yang as a remuneration bonus. 500,000 shares to be issued to CRC Minerals for services in relation to Cote d'Ivoire project.

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted

60,000.000000

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

To pay for services rendered

Please provide additional details

500,000 fully paid ordinary shares to be issued to Lijun Yang or his nominee as a remuneration bonus per shareholder approval received on 30 January 2026.

500,000 fully paid ordinary shares to be issued to CRC Minerals for services in relation to Cote d'Ivoire project and approved by shareholders on 30 January 2026.

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Appendix 2A - 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:

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 quoted on ASX following the +quotation of the +securities subject of this application)

+securities subject of this application)
	Total number of
ASX +security code and description	+securities on issue
MGAO : OPTION EXPIRING 28-MAY-2027	52,710,000
MGA : ORDINARY FULLY PAID	132,775,000
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
MGAAH : OPTION EXPIRING 19-NOV-2028 EX $0.15	1,200,000
MGAAG : OPTION EXPIRING 19-NOV-2028 EX $0.09	1,200,000
MGAAI : OPTION EXPIRING 19-NOV-2028 EX $0.12	1,200,000
MGAAJ : PERFORMANCE RIGHTS	3,000,000

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

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Appendix 2A - 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? Yes

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

30/1/2026

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