NT MINERALS LIMITED — Share Issue/Capital Change 2021

Aug 11, 2021

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

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Announcement Summary

Entity name

REDBANK COPPER LIMITED

Date of this announcement

Thursday August 12, 2021

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	Performance Rights exercisable from 21 April	1,000,000	11/08/2021
to be confirmed	2022 subject to remaining as Non-Executive
	Chairman
New class - code	Unlisted Options exercisable at $0.15 with an	6,750,000	11/08/2021
to be confirmed	expiry date of 20 April 2024

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

REDBANK COPPER 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

66059326519

1.3 ASX issuer code

RCP

1.4 The announcement is

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New announcement

1.5 Date of this announcement

12/8/2021

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Part 2 - Issue details

2.1 The +securities the subject of this notification are:

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Other

Please specify

Performance Rights and Unlisted Options approved by shareholders at General Meeting on 14 July 2021

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

New +securities
ASX +security code New class - code to be confirmed	+Security description Performance Rights exercisable from 21 April 2022 subject to remaining as Non-Executive Chairman
+Security type	ISIN code
Other
Date the +securities the subject of this notification were issued
11/8/2021
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. Refer to schedule 1 in the Notice of General Meeting found at the following location: https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02382904-6A1035999?access_token=8 3ff96335c2d45a094df02a206a39ff4 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

Refer to Appendix 3B lodged 21 April 2021

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Issue details

Number of +securities

1,000,000

Were the +securities issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

To be issued as performance linked incentive to Non-Executive Chairman

Purpose of the issue

To pay for services rendered

Additional Details

New +securities

ASX +security code +Security description New class - code to be confirmed Unlisted Options exercisable at $0.15 with an expiry date of 20 April 2024 +Security type ISIN code Options

Date the +securities the subject of this notification were issued 11/8/2021

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. Refer to schedule 2 in the Notice of General Meeting found at the following location: https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02382904-6A1035999?access_token=8 3ff96335c2d45a094df02a206a39ff4

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Options Details

+Security currency

AUD - Australian Dollar

Exercise price Expiry date AUD 0.15000000 20/4/2024

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

Other

Description

Unlisted Options exercisable at $0.15 with an expiry date of 20 April 2024

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

N/A

Issue details

Number of +securities

6,750,000

Were the +securities issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

To be issued as performance linked incentive to Non-Executive Chairman and Non-Executive Director

Purpose of the issue

To pay for services rendered

Additional Details

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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
RCP : ORDINARY FULLY PAID	515,650,730

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
RCPAA : PERFORMANCE RIGHTS	3,250,000
New class - code to be confirmed : Performance Rights exercisable from 21 April 2022	1,000,000
subject to remaining as Non-Executive Chairman
New class - code to be confirmed : Unlisted Options exercisable at $0.15 with an expiry date	6,750,000
of 20 April 2024

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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

14/7/2021

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