METEORIC RESOURCES NL — Share Issue/Capital Change 2005

Dec 1, 2005

Appendix 3B

New issue announcement, application for quotation of additional securities and agreement

Name of entity

Meteoric Resources NL

ABN

64 107 985 651

We (the entity) give ASX the following information.

Part 1 - All issues

$\mathbf{1}$ Class of securities issued or to be issued

Ordinary fully paid shares

• Number of securities issued or to be $\overline{2}$ issued (if known) or maximum number which may be issued
• $\mathfrak{I}$ Principal terms of the securities (eg, if options, exercise price and expiry date; if partly paid securities, the amount outstanding and due dates for payment; if convertible securities, the conversion price and dates for conversion)
• Do the securities rank equally in all $\overline{4}$ respects from the date of allotment with an existing class of quoted securities?

If the additional securities do not rank equally, please state:

• the date from which they do
• the extent to which they participate for the next dividend. (in the case of a trust, distribution) or interest payment
• the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment

Yes

5 Issue price or consideration

20 cents per share

14,250

• 6 Purpose of the issue (If issued as consideration for the acquisition of assets, clearly identify those assets)
• $\overline{\tau}$ Dates of entering securities into uncertificated holdings or despatch of certificates

The fully paid ordinary shares were issued
pursuant to a conversion from partly paid .
contributing shares.

2 December 2005

Number and class of all securities
quoted on ASX (including the $\overline{8}$ securities in clause 2 if applicable)

Number	Class
35,628,941	Ordinary fully paid shares
7,666,885	Nil shares partly paid, \$0.20 unpaid

		Number	Class
9	Number and class of all securities not quoted on ASX ( including the securities in clause 2 if applicable)	5,260,257	Restricted shares fully paid
		7,027,886	Restricted nil shares paid, \$0.20 partly unpaid
10.	Dividend policy (in the case of a trust, distribution policy) on the increased capital (interests)		N/A

Part 2 - Bonus issue or pro rata issue

No issues to be advised

11	holder approval security ls required?
12	Is the issue renounceable or non- renounceable?
13	Ratio in which the "securities will be offered
14	Class of securities to which the offer relates
15	Record determine date to entitlements
16	Will holdings on different registers (or subregisters) be aggregated for calculating entitlements?
17	Policy for deciding entitlements in relation to fractions
18	Names of countries in which the entity has security holders who will not be sent new issue documents
	Note: Security holders must be told how their entitlements are to be dealt with.
	Cross reference: rule 7.7.
19	Closing date for οf receipt acceptances or renunciations

• 20 Names of any underwriters
• Amount of any underwriting fee or $21$ commission
• 22 Names of any brokers to the issue
• 23 Fee or commission payable to the broker to the issue
• 24 Amount of any handling fee payable to brokers who lodge acceptances or renunciations on behalf of security holders
• 25 If the issue is contingent on security holders' approval, the date of the meeting
• 26 Date entitlement and acceptance form and prospectus or Product Disclosure Statement will be sent to persons entitled
• 27 If the entity has issued options, and the terms entitle option holders to participate on exercise, the date on which notices will be sent to option holders
• 28 Date rights trading will begin (if applicable)
• 29 Date rights trading will end (if applicable)
• $30^°$ How do security holders sell their entitlements in $full$ through a broker?
• $31$ How do security holders sell part of their entitlements through a broker and accept for the balance?
• 32 How do security holders dispose of their entitlements (except by sale through a broker)?
• 33 Despatch date

Part 3 - Quotation of securities

34	Type of securities
	(tick one)

• Securities described in Part 1 $(a)$
• All other securities $(b)$

Entities that have ticked box 34(a)

Additional securities forming a new class of securities

NO NEW CLASS OF SECURITIES BEING FORMED

37

• If the securities are equity securities, the names of the 20 largest holders of the additional securities, and the number and percentage of additional securities held by those holders
• If the securities are equity securities, a distribution schedule of the additional securities 36 setting out the number of holders in the categories $1 - 1,000$ $1,001 - 5,000$ $5,001 - 10,000$ 10,001 - 100,000 100,001 and over
• A copy of any trust deed for the additional securities

Entities that have ticked box 34(b)

38	Number of securities for which quotation is sought
39	Class of securities for which quotation is sought

$40₁$ Do the securities rank equally in all respects from the date of allotment with an existing class of quoted securities?

If the additional securities do not rank equally, please state:

• the date from which they do ×.
• the extent to which they participate for the next dividend. (in the case of a trust, distribution) or interest payment
• the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment
• 41 Reason for request for quotation now

Example: In the case of restricted securities, end of restriction neriod

(if issued upon conversion of another security, clearly identify that other security)

42 Number and class of all securities quoted on ASX (including the securities in clause 38)

Number	Class

Quotation agreement

• $\mathbf{1}$ Quotation of our additional securities is in ASX's absolute discretion. ASX may quote the securities on any conditions it decides.
• $\overline{2}$ We warrant the following to ASX.
• The issue of the securities to be quoted complies with the law and is not for an illegal purpose.
• There is no reason why those securities should not be granted quotation.
• An offer of the securities for sale within 12 months after their issue will not require disclosure under section $707(3)$ or section $1012C(6)$ of the Corporations Act.

• Section 724 or section 1016E of the Corporations Act does not apply to any applications received by us in relation to any securities to be quoted and that no-one has any right to return any securities to be quoted under sections 737, 738 or 1016F of the Corporations Act at the time that we request that the securities be quoted.

• We warrant that if confirmation is required under section 1017F of the $\bullet$ Corporations Act in relation to the securities to be quoted, it has been provided at the time that we request that the securities be quoted.

• If we are a trust, we warrant that no person has the right to return the securities to be quoted under section 1019B of the Corporations Act at the time that we request that the securities be quoted.
• 3 We will indemnify ASX to the fullest extent permitted by law in respect of any claim, action or expense arising from or connected with any breach of the warranties in this agreement.
• We give ASX the information and documents required by this form. If any $\overline{4}$ information or document not available now, will give it to ASX before quotation of the securities begins. We acknowledge that ASX is relying on the information and documents. We warrant that they are (will be) true and complete.

(Company secretary)

Date: 2 December 2005

Sign here:

Print name:

Rudolf Tieleman