NORDIC RESOURCES LTD — Share Issue/Capital Change 2025

Jul 10, 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 July 11, 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	7,750,000	11/07/2025
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

11/7/2025

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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 26-May-2025 08:53 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? Yes

2.3a.3 Please provide details of the further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B

NNL ORDINARY FULLY PAID - 60,312,134

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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 11/7/2025

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

Issue details

Number of +securities 7,750,000 Were the +securities issued for a cash consideration? No

Please describe the consideration being provided for the +securities

5.25m Part consideration for placement agent and bookrunner services. 2.5m Incentive options awarded to newly appointed Non-executive Chairman.

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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
11/7/2025
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?
Yes
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/20250604/pdf/06kf63fbsc9ks2.pdf

Options Details
+Security currency	Exercise price	Expiry date
AUD - Australian Dollar	AUD 0.09000000	11/7/2028
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

7,750,000

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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	264,883,846
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
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
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	7,750,000

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

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