ORBMINCO LIMITED — Share Issue/Capital Change 2023

Aug 20, 2023

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

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Announcement Summary

Entity name

WOOMERA MINING LIMITED

Date of this announcement

Monday August 21, 2023

The +securities the subject of this notification are:

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+Other securities issued under an +employee incentive scheme that 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	Unlisted Options exercisable at $0.04 each on or	2,000,000	21/08/2023
to be confirmed	before 21 August 2026

Refer to next page for full details of the announcement

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

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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

WOOMERA MINING 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

073155781

1.3 ASX issuer code

WML

1.4 The announcement is

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New announcement

1.5 Date of this announcement

21/8/2023

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Part 2 - Issue details

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2.1 The +securities the subject of this notification are:

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+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

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

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ASX +security code +Security description
New class - code to be confirmed Unlisted Options exercisable at $0.04 each on or before 21
August 2026
+Security type ISIN code
Options
Date the +securities the subject of this notification were issued
21/8/2023
Will all the +securities issued in this class rank equally in all respects from their issue date?
Yes
Were any of the +securities issued to +key management personnel (KMP) or an +associate?
No
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.
Options Details
+Security currency Exercise price Expiry date
AUD - Australian Dollar AUD 0.04000000 21/8/2026
Details of the existing class of +security that will be issued upon exercise or conversion of this new class of
company option
Other
Description
N/A
Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme
or a summary of the terms
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02298146-6A1002844?access_token=8
3ff96335c2d45a094df02a206a39ff4
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Any other information the entity wishes to provide about the +securities the subject of this notification

Issue details

Number of +securities

2,000,000

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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
WML : ORDINARY FULLY PAID	956,194,550
WMLOC : OPTION EXPIRING 31-MAY-2024	79,746,409

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
WMLAM : OPTION EXPIRING 15-DEC-2024 EX $0.05	2,000,000
WMLAN : OPTION EXPIRING 15-DEC-2024 EX $0.05	15,000,000
WMLAP : OPTION EXPIRING 25-OCT-2025 EX $0.04	5,000,000
New class - code to be confirmed : Unlisted Options exercisable at $0.04 each on or before	2,000,000
21 August 2026

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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? Yes

5.1a Select the number of the applicable exception in Listing Rule 7.2

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