ORE RESOURCES LIMITED — Share Issue/Capital Change 2024

May 23, 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 May 24, 2024

The +securities the subject of this notification are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B that are not quoted, and 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	Performance Rights	120,967,744	24/05/2024
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 ABN 91148966545

1.3 ASX issuer code

FBM

1.4 The announcement is

New announcement

1.5 Date of this announcement

24/5/2024

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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:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B that are not quoted, and are not intended to be quoted, on ASX

Previous Appendix 3B details:

Announcement Date and	Announcement Title	Selected Appendix 3B to submit quotation
Time		request
25-Mar-2024 09:23	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?

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

Performance Rights and Unlisted Options to be issued to Mr. Neville Power under the Company Employee Incentive Plan.

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 3A - number and type of +securities the subject of this notification (existing class or new class) where issue has previously been notified to ASX in an Appendix 3B

Placement Details

ASX +security code and description

new unquoted class of security

Date the +securities the subject of this notification were issued

24/5/2024

Any other information the entity wishes to provide about the +securities the subject of this notification

Issue of performance rights as part of consideration under the SPA between the Company and Corazon Mining Ltd (ASX: CZN) as previously announced on 25 March 2024.

Issue details

Number of +securities

120,967,744

Were the +securities issued for a cash consideration?

No

Please describe the consideration being provided for the +securities

Issue of performance rights as part of consideration under the SPA between the Company and Corazon Mining Ltd (ASX: CZN) as previously announced on 25 March 2024.

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 3C - number and type of +securities the subject of this notification (new class)

ASX +security code +Security description New class - code to be confirmed Performance Rights +Security type ISIN code Other Date the +securities the subject of this notification were issued 24/5/2024

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. https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02788190-6A1199711

Any other information the entity wishes to provide about the +securities the subject of this notification

Issue of performance rights as part of consideration under the SPA between the Company and Corazon Mining Ltd (ASX: CZN) as previously announced on 25 March 2024.

Issue details

Number of +securities

120,967,744

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 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	638,646,895
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
FBMAAK : CLASS K PERFORMANCE RIGHTS	480,000
FBMAAD : OPTION EXPIRING 10-AUG-2026 EX $0.50	1,250,000
FBMAAI : CLASS I PERFORMANCE RIGHTS	645,000
FBMAQ : PERFORMANCE RIGHTS	69,605,429
New class - code to be confirmed : Performance Rights	120,967,744

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

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

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