MIRAMAR RESOURCES LIMITED — Share Issue/Capital Change 2021

Nov 4, 2021

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

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Announcement Summary

Entity name

MIRAMAR RESOURCES LIMITED

Date of this announcement

Friday November 05, 2021

The +securities the subject of this notification are:

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+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	UNLISTED OPTION EXPIRING 03-NOV-2025 EX	1,500,000	05/11/2021
to be confirmed	$0.27

Refer to next page for full details of the announcement

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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

MIRAMAR RESOURCES 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

ABN

Registration number

34635359965

1.3 ASX issuer code

M2R

1.4 The announcement is

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New announcement

1.5 Date of this announcement

5/11/2021

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Part 2 - Issue details

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2.1 The +securities the subject of this notification are:

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+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:

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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

ASX +security code New class - code to be confirmed	+Security description UNLISTED OPTION EXPIRING 03-NOV-2025 EX $0.27
+Security type	ISIN code
Options

Date the +securities the subject of this notification were issued 5/11/2021

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
A Kelly	XGS Pty Ltd	500,000
M Bush	Ms Marion Emily Bush	500,000
T Gadenne	Mr Terry Gadenne	500,000

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.miramarresources.com.au/wp content/uploads/2021/09/61051851.pdf

Options Details

+Security currency AUD - Australian Dollar

Exercise price AUD 0.27000000

Expiry date 3/11/2025

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

Other

Description

The shares issued upon exercise of options will rank equally with existing ordinary fully paid shares (ASX: M2R).

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 - https://www.miramarresources.com.au/wp content/uploads/2021/09/61051851.pdf

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

Issued pursuant to approval of shareholders at the Company's AGM held on 4 November 2021.

Issue details

Number of +securities

1,500,000

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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
M2R : ORDINARY FULLY PAID	49,815,020
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
M2RAH : OPTION EXPIRING 06-JAN-2023 EX $0.48	50,000
M2RAB : OPTION EXPIRING 22-OCT-2022 EX $0.20	6,650,000
M2RAD : ORDINARY FULLY PAID RESTRICTED	6,495,080
M2RAG : OPTION EXPIRING 09-OCT-2023 RESTRICTED	6,000,000
M2RAE : OPTION EXPIRING 26-JUN-2025 RESTRICTED	3,000,000
M2RAF : OPTION EXPIRING 22-OCT-2022 RESTRICTED	1,560,000
New class - code to be confirmed : UNLISTED OPTION EXPIRING 03-NOV-2025 EX $0.27	1,500,000

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? Yes

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

4/11/2021

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