MOHO RESOURCES LIMITED — Capital/Financing Update 2022

Feb 15, 2022

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

==> picture [21 x 22] intentionally omitted <==

Announcement Summary

Entity name

MOHO RESOURCES LIMITED

Date of this announcement

Wednesday February 16, 2022

The +securities the subject of this notification are: Other

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	Unquoted options exercisable at $0.085 expiring	3,000,000	16/02/2022
to be confirmed	18 January 2024
New class - code	Unquoted options exercisable at $0.091 expiring	3,000,000	16/02/2022
to be confirmed	18 January 2025
New class - code	Unquoted options exercisable at $0.097 expiring	3,000,000	16/02/2022
to be confirmed	18 January 2026

Refer to next page for full details of the announcement

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

1 / 10

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

==> picture [21 x 22] intentionally omitted <==

Part 1 - Entity and announcement details

1.1 Name of entity

MOHO 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

ACN

Registration number

156217971

1.3 ASX issuer code

MOH

1.4 The announcement is

==> picture [8 x 8] intentionally omitted <==

New announcement

1.5 Date of this announcement

16/2/2022

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

2 / 10

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

Part 2 - Issue details

==> picture [21 x 22] intentionally omitted <==

2.1 The +securities the subject of this notification are:

==> picture [8 x 8] intentionally omitted <==

Other

Please specify

Issue of Director Incentive Options as per Appendix 3B lodged on 10/12/21

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

==> picture [8 x 9] intentionally omitted <==

does not have an existing ASX security code ("new class")

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

3 / 10

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

==> picture [21 x 22] intentionally omitted <==

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

New +securities ASX +security code +Security description New class - code to be confirmed Unquoted options exercisable at $0.085 expiring 18 January 2024 +Security type ISIN code Options Date the +securities the subject of this notification were issued 16/2/2022 Will all the +securities issued in this class rank equally in all respects from their issue date? Yes 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 D of the Notice of Annual General Meeting lodged with ASX on 10 December 2021

Options Details +Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.08500000 18/1/2024 Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option Other Description MOH Ordinary fully paid share Any other information the entity wishes to provide about the +securities the subject of this notification

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

4 / 10

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

==> picture [21 x 22] intentionally omitted <==

Please provide any further information needed to understand the circumstances in which you are notifying the issue of these +securities to ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B

Issued as per Appendix 3B lodged with ASX on 10 December 2021

Issue details

Number of +securities

3,000,000

Were the +securities issued for a cash consideration?

==> picture [9 x 9] intentionally omitted <==

No

Please describe the consideration being provided for the +securities

Performance linked incentive component of the Directors remuneration package

Purpose of the issue Other

Additional Details

New +securities

ASX +security code +Security description New class - code to be confirmed Unquoted options exercisable at $0.091 expiring 18 January 2025 +Security type ISIN code Options

Date the +securities the subject of this notification were issued 16/2/2022

Will all the +securities issued in this class rank equally in all respects from their issue date? Yes

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 D of the Notice of Annual General Meeting lodged with ASX on 10 December 2021

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

5 / 10

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

==> picture [21 x 22] intentionally omitted <==

Options Details

+Security currency AUD - Australian Dollar

Exercise price Expiry date AUD 0.09100000 18/1/2025

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

Other

Description

MOH Ordinary fully paid share

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

Please provide any further information needed to understand the circumstances in which you are notifying the issue of these +securities to ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B

Issued as per Appendix 3B lodged with ASX on 10 December 2021

Issue details

Number of +securities

3,000,000

Were the +securities issued for a cash consideration?

==> picture [9 x 8] intentionally omitted <==

No

Please describe the consideration being provided for the +securities

Performance linked incentive component of the Directors remuneration package

Purpose of the issue

Other

Additional Details

New +securities

ASX +security code

New class - code to be confirmed

+Security description

Unquoted options exercisable at $0.097 expiring 18 January 2026

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

6 / 10

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

==> picture [21 x 22] intentionally omitted <==

+Security type Options

ISIN code

Date the +securities the subject of this notification were issued

16/2/2022

Will all the +securities issued in this class rank equally in all respects from their issue date? Yes

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 D of the Notice of Annual General Meeting lodged with ASX on 10 December 2021

Options Details

+Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.09700000 18/1/2026

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

Other

Description

MOH Ordinary fully paid share

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

Please provide any further information needed to understand the circumstances in which you are notifying the issue of these +securities to ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B

Issued as per Appendix 3B lodged with ASX on 10 December 2021

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

7 / 10

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

Issue details

==> picture [21 x 22] intentionally omitted <==

Number of +securities

3,000,000

Were the +securities issued for a cash consideration?

==> picture [9 x 8] intentionally omitted <==

No

Please describe the consideration being provided for the +securities

Performance linked incentive component of the Directors remuneration package

Purpose of the issue

Other

Additional Details

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

8 / 10

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

==> picture [21 x 22] intentionally omitted <==

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
MOHO : OPTION EXPIRING 09-JUL-2023	30,670,240
MOH : ORDINARY FULLY PAID	125,775,402
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
MOHAK : OPTION EXPIRING 13-AUG-2024 EX 21C	3,550,000
MOHAE : OPTION EXPIRING 13-AUG-2022 EX 19C	3,350,000
MOHAF : OPTION EXPIRING 17-JUL-2023 EX 25C	3,000,000
MOHAG : OPTION EXPIRING 17-JUL-2023 EX 35C	2,100,000
MOHAH : OPTION EXPIRING 17-JUL-2023 EX 50C	2,100,000
MOHAI : OPTION EXPIRING 13-AUG-2023 EX 20C	3,450,000
MOHAJ : OPTION EXPIRING 29-OCT-2023 EX 25C	1,000,000
MOHAL : OPTION EXPIRING 21-FEB-2024 EX $0.12	24,055,558
New class - code to be confirmed : Unquoted options exercisable at $0.085 expiring 18	3,000,000
January 2024
New class - code to be confirmed : Unquoted options exercisable at $0.091 expiring 18	3,000,000
January 2025
New class - code to be confirmed : Unquoted options exercisable at $0.097 expiring 18	3,000,000
January 2026

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

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

9 / 10

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

==> picture [21 x 22] intentionally omitted <==

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

19/1/2022

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

10 / 10