NORDIC RESOURCES LTD — Share Issue/Capital Change 2025

Aug 14, 2025

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Announcement Summary

Entity name

NORDIC RESOURCES LTD

Date of this announcement

Friday August 15, 2025

The +securities the subject of this notification are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B that are not quoted, and 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	Unquoted Options	1,000,000	15/08/2025
to be confirmed
New class - code	Unquoted Options	1,000,000	15/08/2025
to be confirmed
New class - code	Performance Rights	5,000,000	15/08/2025
to be confirmed

Refer to next page for full details of the announcement

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Appendix 3G - 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

NORDIC RESOURCES LTD

We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.

1.2 Registered number type Registration number ACN 647455105

1.3 ASX issuer code

NNL

1.4 The announcement is

New announcement

1.5 Date of this announcement

15/8/2025

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Part 2 - Issue details

2.1 The +securities the subject of this notification are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B that are not quoted, and are not intended to be quoted, on ASX

Previous Appendix 3B details:

Announcement Date and	Announcement Title	Selected Appendix 3B to submit quotation
Time		request
11-Aug-2025 08:27	New - Proposed issue of securities -	A placement or other type of issue
	NNL

2.3a.2 Are there any further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B?

No

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Part 3A - number and type of +securities the subject of this notification (existing class or new class) where issue has previously been notified to ASX in an Appendix 3B

Placement Details

ASX +security code and description new unquoted class of security Date the +securities the subject of this notification were issued 15/8/2025 Any other information the entity wishes to provide about the +securities the subject of this notification

Issue details

Number of +securities 7,000,000 Were the +securities issued for a cash consideration? No Please describe the consideration being provided for the +securities

As part consideration for the Company's recently appointed Country Manager in Finland.

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Part 3C - number and type of +securities the subject of this notification (new class)

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ASX +security code +Security description
New class - code to be confirmed Unquoted Options
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ASX +security code New class - code to be confirmed	+Security description Unquoted Options
+Security type	ISIN code
Options
Date the +securities the subject of this notification were issued
15/8/2025
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.

https://announcements.asx.com.au/asxpdf/20250811/pdf/06mqmldy75258w.pdf

Options Details
+Security currency	Exercise price	Expiry date
AUD - Australian Dollar	AUD 0.10000000	15/8/2029

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

NNL : ORDINARY FULLY PAID

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

Issue details

Number of +securities

1,000,000

ASX +security code +Security description New class - code to be confirmed Unquoted Options

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+Security type Options 15/8/2025

ISIN code

Date the +securities the subject of this notification were issued

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. https://announcements.asx.com.au/asxpdf/20250811/pdf/06mqmldy75258w.pdf

Options Details +Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.15000000 15/8/2029

Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option NNL : ORDINARY FULLY PAID

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

Issue details

Number of +securities 1,000,000

ASX +security code +Security description New class - code to be confirmed Performance Rights +Security type ISIN code Other Date the +securities the subject of this notification were issued 15/8/2025

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

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued. chttps://announcements.asx.com.au/asxpdf/20250811/pdf/06mqmldy75258w.pdf

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

• 1,000,000 performance rights that convert upon successful execution of a commercial deal to advance the Pulju nickel-copper project (expiring 15 August 2027);

• 2,000,000 performance rights that convert upon successful completion of the permitting process for the Kopsa gold-copper mine (expiring 15 August 2028); and

• 2,000,000 performance rights that convert upon successful completion of a permitting process or commercial arrangement that delivers a processing solution for the gold-copper ore from the Kopsa project (expiring 15 August 2028).

Issue details

Number of +securities

5,000,000

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Part 4 - +Securities on issue

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Following the issue, conversion or payment up of the +securities the subject of this notification, the +securities 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 issued and quoted on ASX)

	Total number of
ASX +security code and description	+securities on issue
NNL : ORDINARY FULLY PAID	325,195,980
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
NNLAQ : OPTION EXPIRING 18-OCT-2029 EX $0.10	5,400,000
NNLAR : OPTION EXPIRING 03-DEC-2029 EX $0.10	3,000,000
NNLAU : OPTION EXPIRING 11-JAN-2028 EX $0.125	4,750,000
NNLAV : OPTION EXPIRING 11-JUL-2028 EX $0.15	4,750,000
NNLAT : OPTION EXPIRING 11-JUL-2027 EX $0.10	4,750,000
NNLAW : OPTION EXPIRING 11-JUL-2028 EX $0.09	7,750,000
NNLAS : OPTION EXPIRING 13-JUN-2028 EX $0.09	4,350,000
NNLAL : OPTION EXPIRING 31-MAY-2026 EX $0.30	575,000
NNLAM : OPTION EXPIRING 31-MAY-2026 EX $0.40	575,000
NNLAN : OPTION EXPIRING 27-DEC-2025 EX $0.25	7,329,420
NNLAO : OPTION EXPIRING 31-JAN-2027 EX $0.30	125,000
NNLAF : OPTION EXPIRING 31-MAY-2026 EX $0.20	2,750,000
NNLAG : OPTION EXPIRING 23-MAY-2027 EX $0.25	1,000,000
NNLAH : OPTION EXPIRING 23-MAY-2027 EX $0.375	1,000,000
NNLAI : OPTION EXPIRING 23-MAY-2027 EX $0.50	1,500,000

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

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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NNLAJ : OPTION EXPIRING 23-MAY-2027 EX $0.30	1,750,000
NNLAK : OPTION EXPIRING 23-MAY-2027 EX $0.35	1,750,000
New class - code to be confirmed : Unquoted Options	1,000,000
New class - code to be confirmed : Unquoted Options	1,000,000
New class - code to be confirmed : Performance Rights	5,000,000

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