ORE RESOURCES LIMITED — Share Issue/Capital Change 2024

Dec 12, 2024

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Announcement Summary

Entity name

FUTURE BATTERY MINERALS LIMITED

Date of this announcement

Friday December 13, 2024

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	Unlisted options	2,000,000	13/12/2024
to be confirmed
New class - code	Unlisted options	2,000,000	13/12/2024
to be confirmed

Refer to next page for full details of the announcement

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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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

FUTURE BATTERY MINERALS 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 Registration number ACN 148966545

1.3 ASX issuer code

FBM

1.4 The announcement is

New announcement

1.5 Date of this announcement

13/12/2024

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Part 2 - Issue details

2.1 The +securities the subject of this notification are:

Other

Please specify

The Company will issue 4M Options to Mr. Waugh, subject to shareholder approval, as NED appointment.

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:

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)

New +securities

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ASX +security code +Security description
New class - code to be confirmed Unlisted options
+Security type ISIN code
Options
Date the +securities the subject of this notification were issued
13/12/2024
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://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02871399-6A1233261
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Options Details
+Security currency	Exercise price	Expiry date
AUD - Australian Dollar	AUD 0.10000000	13/12/2028

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

FBM : ORDINARY FULLY PAID

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

As part of the Mr Robert Waugh's engagement as Non-Executive Director, the Company has agreed, subject to shareholder approval, to issue an aggregate of 4,000,000 Options to Mr Waugh.

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

Issue details

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Number of +securities

2,000,000

Were the +securities issued for a cash consideration?

No

Please describe the consideration being provided for the +securities

Nil

Purpose of the issue

Other

Additional Details

The Company will issue 4M Options to Mr. Waugh, subject to shareholder approval, as NED appointment.

New +securities

ASX +security code +Security description New class - code to be confirmed Unlisted options +Security type ISIN code Options

Date the +securities the subject of this notification were issued 13/12/2024

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://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02871399-6A1233261

Options Details +Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.14000000 13/12/2028

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

FBM : ORDINARY FULLY PAID

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

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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

The Company will issue 4M Options to Mr. Waugh, subject to shareholder approval, as NED appointment.

Issue details

Number of +securities

2,000,000

Were the +securities issued for a cash consideration?

No

Please describe the consideration being provided for the +securities

Nil

Purpose of the issue

Other

Additional Details

The Company will issue 4M Options to Mr. Waugh, subject to shareholder approval, as NED appointment.

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Part 4 - +Securities on issue

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
FBM : ORDINARY FULLY PAID	665,355,928
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
FBMAAN : OPTION EXPIRING 28-NOV-2026 EX $0.15	3,000,000
FBMAAL : OPTION EXPIRING 03-FEB-2028 EX $0.11	2,000,000
FBMAAM : OPTION EXPIRING 22-FEB-2025 EX $0.072	3,000,000
FBMAAO : PERFORMANCE RIGHTS SALE PURCHASE AGREEMENT	120,967,744
FBMAAP : OPTION EXPIRING 24-MAY-2029 EX $0.14	5,000,000
FBMAAQ : OPTION EXPIRING 24-MAY-2029 EX $0.10	5,000,000
FBMAAR : OPTION EXPIRING 24-MAY-2029 EX $0.18	5,000,000
FBMAAD : OPTION EXPIRING 10-AUG-2026 EX $0.50	1,250,000
FBMAQ : PERFORMANCE RIGHTS	71,005,429
New class - code to be confirmed : Unlisted options	2,000,000
New class - code to be confirmed : Unlisted options	2,000,000

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

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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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