ORA BANDA MINING LTD — Share Issue/Capital Change 2024

Apr 8, 2024

Appendix 2A - Application for quotation of securities

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Announcement Summary

Entity name

ORA BANDA MINING LTD

Announcement Type

New announcement

Date of this announcement

Tuesday April 09, 2024

The +securities to be quoted are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
OBM	ORDINARY FULLY PAID	10,630,935	09/04/2024

Refer to next page for full details of the announcement

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Appendix 2A - Application for quotation of securities

Part 1 - Entity and announcement details

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1.1 Name of entity

ORA BANDA MINING LTD

We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules.

1.2 Registered number type

ABN

Registration number

69100038266

1.3 ASX issuer code

OBM

1.4 The announcement is

New announcement

1.5 Date of this announcement

9/4/2024

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Appendix 2A - Application for quotation of securities

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Part 2 - Type of Issue

2.1 The +securities to be quoted are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B

Previous Appendix 3B details: Announcement Date and Announcement Title Selected Appendix 3B to submit quotation Time request 08-Apr-2024 08:30 New - Proposed issue of securities - A placement or other type of issue OBM

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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Appendix 2A - Application for quotation of securities

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Part 3A - number and type of +securities to be quoted where issue has previously been notified to ASX in an Appendix 3B

Placement Details

ASX +security code and description OBM : ORDINARY FULLY PAID

Issue date 9/4/2024

Distribution Schedule

Provide a distribution schedule for the new +securities according to the categories set out in the left hand column - including the number of recipients and the total percentage of the new +securities held by the recipients in each category.

Total percentage of +securities held Number of +securities held Number of holders For example, to enter a value of 50% please input as 50.00 1 - 1,000 % 1,001 - 5,000 % 5,001 - 10,000 % 10,001 - 100,000 % 100,001 and over %

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Appendix 2A - Application for quotation of securities

Issue details

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Number of +securities to be quoted

10,630,935

Are the +securities being issued for a cash consideration?

No

Please describe the consideration being provided for the +securities

Payment of $3.4M in cash and 10,630,935 shares are in exchange for the dismissal of the proceedings and the releases given by Riverina Resources, Abbotsleigh and Greenstone.

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted

0.282200

Any other information the entity wishes to provide about the +securities to be quoted

The fully paid ordinary shares (ASX:OBM) will be subject to escrow from the date they are issued: one third for 3 months (3,543,645 shares), one third for 6 months (3,543,645 shares) and one third for 9 months (3,543,645 shares). Refer ASX announcement of 8 April 2024 for further information.

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Appendix 2A - Application for quotation of securities

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Part 4 - Issued capital following quotation

Following the quotation of the +securities the subject of this application, the issued capital 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 quoted on ASX following the +quotation of the +securities subject of this application)

+securities subject of this application)
	Total number of
ASX +security code and description	+securities on issue
OBM : ORDINARY FULLY PAID	1,854,506,552
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
OBMAB : PERFORMANCE RIGHTS EXPIRING 30-JUN-2026 STI	279,156
OBMAC : PERFORMANCE RIGHTS EXPIRING 30-JUN-2026 LTI	8,647,772
OBMAT : PERFORMANCE RIGHTS EXPIRING 19-DEC-2028 FY24 STIP	2,596,225
OBMAU : PERFORMANCE RIGHTS EXPIRING 19-DEC-2028 FY24 LTIP	3,461,634
OBMAV : PERFORMANCE RIGHTS EXPIRING 01-JUL-2028 FY24 LTIP	25,281,309
OBMAW : RETENTION PERFORMANCE RIGHTS EXPIRING 19-DEC-2028	9,000,000
OBMAE : PERFORMANCE RIGHTS EXPIRING 22-DEC-2027 LTI	11,428,572
OBMAF : PERFORMANCE RIGHTS EXPIRING 22-DEC-2027	50,000,000
OBMAP : PERFORMANCE RIGHTS 2023 EXPIRING 30-JUN-2028	17,150,000
OBMAQ : PERFORMANCE RIGHTS 2023 EXPIRING 30-JUN-2030 LTI	38,811,141
OBMAR : PERFORMANCE RIGHTS 2023 EXPIRING 31-JAN-2031	500,000
OBMAS : PERFORMANCE RIGHTS 2023 EXPIRING 31-JAN-2030	2,000,000

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

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