ORE RESOURCES LIMITED — Capital/Financing Update 2023

Sep 20, 2023

Application for quotation of +securities

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Announcement Summary

Entity name

FUTURE BATTERY MINERALS LIMITED

Announcement Type

New announcement

Date of this announcement

Thursday September 21, 2023

The +securities to be quoted are:

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+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
FBM	ORDINARY FULLY PAID	51,950,424	21/09/2023

Refer to next page for full details of the announcement

Application for quotation of +securities

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Application for quotation of +securities

Part 1 - Entity and announcement details

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1.1 Name of entity

FUTURE BATTERY MINERALS LIMITED

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

ACN

Registration number 148966545

1.3 ASX issuer code

FBM

1.4 The announcement is

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New announcement

1.5 Date of this announcement

21/9/2023

Application for quotation of +securities

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Application for quotation of +securities

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Part 2 - Type of Issue

2.1 The +securities to be quoted are:

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+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
15-Sep-2023 09:22	New - Proposed issue of securities -	A placement or other type of issue
	FBM

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?

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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

The issuance of 23,850,000 Tranche 2 Placement Shares and 3,000,000 Broker Options is expected in late November 2023, subject to Shareholder approval being obtained at the Annual General Meeting.

Application for quotation of +securities

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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 FBM : ORDINARY FULLY PAID

Issue date 21/9/2023

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 %

Application for quotation of +securities

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Application for quotation of +securities

Issue details

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Number of +securities to be quoted 51,950,424

Are the +securities being issued for a cash consideration? Yes In what currency is the cash consideration being paid? What is the issue price per +security? AUD - Australian Dollar AUD 0.10000000

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

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Application for quotation of +securities

Part 4 - Issued capital following quotation

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

	Total number of
ASX +security code and description	+securities on issue
FBM : ORDINARY FULLY PAID	507,300,986

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
FBMAAL : OPTION EXPIRING 03-FEB-2028 EX $0.11	2,000,000
FBMAAM : OPTION EXPIRING 22-FEB-2025 EX $0.072	3,000,000
FBMAAK : CLASS K PERFORMANCE RIGHTS	480,000
FBMAAD : OPTION EXPIRING 10-AUG-2026 EX $0.50	1,250,000
FBMAAF : CLASS F PERFORMANCE RIGHTS	605,000
FBMAAI : CLASS I PERFORMANCE RIGHTS	645,000
FBMAAC : OPTION EXPIRING 15-OCT-2023 EX $0.12	2,000,000
FBMAQ : PERFORMANCE RIGHTS	53,655,429

Application for quotation of +securities

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