MIDAS MINERALS LTD — Share Issue/Capital Change 2021

Nov 17, 2021

Application for quotation of +securities

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Announcement Summary

Entity name

MIDAS MINERALS LTD

Announcement Type

New announcement

Date of this announcement

Thursday November 18, 2021

The +securities to be quoted are:

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+Restricted securities where the escrow period has expired or is about to expire

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
MM1	ORDINARY FULLY PAID	200,000	11/11/2021

Refer to next page for full details of the announcement

Application for quotation of +securities

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Application for quotation of +securities

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Part 1 - Entity and announcement details

1.1 Name of entity

MIDAS MINERALS 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

ACN

Registration number 625128770

1.3 ASX issuer code

MM1

1.4 The announcement is

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New announcement

1.5 Date of this announcement

18/11/2021

Application for quotation of +securities

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Application for quotation of +securities

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Part 2 - Type of Issue

2.1 The +securities to be quoted are:

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+Restricted securities where the escrow period has expired or is about to expire

2.2 The +securities to be quoted are:

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Additional +securities in a class that is already quoted on ASX ("existing class")

Application for quotation of +securities

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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 as a result of escrow expiring on an existing class

FROM (Existing Class) ASX +security code and description MM1AA : ORDINARY FULLY PAID RESTRICTED

TO (Existing Class) ASX +security code and description MM1 : ORDINARY FULLY PAID Please state the number of +restricted securities where the escrow period And the date the escrow restrictions has expired or is about to expire have ceased or will cease 200,000 11/11/2021

Issue date

11/11/2021

Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class?

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Yes

Application for quotation of +securities

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Application for quotation of +securities

Issue details

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Number of +securities to be quoted

200,000

Are the +securities being issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

Restricted securities where the escrow period has lapsed 11 November 2021.

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

0.200000

Any other information the entity wishes to provide about the +securities to be quoted

Application for quotation of +securities

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Application for quotation of +securities

Part 4 - Issued capital following quotation

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Following the quotation of the +securities the subject of this application, the issued capital 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 on ASX following the +quotation of the +securities subject of this application)

	Total number of
ASX +security code and description	+securities on issue
MM1 : ORDINARY FULLY PAID	53,198,125
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
MM1AE : OPTION EXPIRING 29-MAR-2024 RESTRICTED	400,000
MM1AF : OPTION EXPIRING 29-MAR-2024 RESTRICTED	200,000
MM1AG : OPTION EXPIRING 07-SEP-2024 RESTRICTED	3,000,000
MM1AA : ORDINARY FULLY PAID RESTRICTED	0
MM1AB : ORDINARY FULLY PAID RESTRICTED	240,000
MM1AC : ORDINARY FULLY PAID RESTRICTED	1,000,000
MM1AD : ORDINARY FULLY PAID RESTRICTED	9,539,009

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

Application for quotation of +securities

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