OZZ RESOURCES LIMITED — Share Issue/Capital Change 2021

Nov 24, 2021

Application for quotation of +securities

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Announcement Summary

Entity name

OZZ RESOURCES LIMITED

Announcement Type

New announcement

Date of this announcement

Thursday November 25, 2021

The +securities to be quoted are:

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Other

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
OZZO	OPTION EXPIRING 25-OCT-2024	850,000	25/11/2021
OZZ	ORDINARY FULLY PAID	800,000	24/11/2021

Refer to next page for full details of the announcement

Application for quotation of +securities

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Application for quotation of +securities

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Part 1 - Entity and announcement details

1.1 Name of entity

OZZ RESOURCES 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

ABN

Registration number 98643844544

1.3 ASX issuer code

OZZ

1.4 The announcement is

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New announcement

1.5 Date of this announcement

25/11/2021

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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Other

2.2 The +securities to be quoted are:

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Additional +securities in a class that is already quoted on ASX ("existing class")

2.3c Have these +securities been offered under a +disclosure document or +PDS?

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No

2.3d Please provide any further information needed to understand the circumstances in which you are applying to have these +securities quoted on ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B

Securities to be issued are in accordance with executed acquisition agreements for the Pinnacle Well Tenement and P37/8633 Mt Davis acquisition executed & announced today

2.4 Any on-sale of the +securities to be quoted within 12 months of their date of issue will comply with the secondary sale provisions in sections 707(3) and 1012C(6) of the Corporations Act by virtue of: The publication of a cleansing notice under section 708A(5), 708AA(2)(f), 1012DA(5) or 1012DAA(2)(f)

Application for quotation of +securities

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Application for quotation of +securities

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Part 3B - number and type of +securities to be quoted (existing class) where issue has not previously been notified to ASX in an Appendix 3B

Additional +securities to be quoted in an existing class

ASX +security code and description OZZ : ORDINARY FULLY PAID Issue date 24/11/2021 Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class? Yes

Issue details Number of +securities to be quoted 800,000 Are the +securities being issued for a cash consideration? No Please describe the consideration being provided for the +securities 1. acquisition of the Pinnacle Well project 2. acquisition of the P37/8633 Mt Davis project 3. services rendered Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted 0.130000

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

The purpose(s) for which the entity is issuing the securities

To pay for the acquisition of an asset

Please provide additional details 1. 350,000 shares for Acquisition of the Pinnacle Well project in accordance with a Farmin & JV Agreement 2. 200,000 shares for Acquisition of the P37/8633 Mt Davis project in accordance with a Tenement Sale Agreement. 3. 250,000 shares for services rendered

Application for quotation of +securities

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Application for quotation of +securities

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Additional +securities to be quoted in an existing class

ASX +security code and description

OZZO : OPTION EXPIRING 25-OCT-2024

Issue date 25/11/2021 Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class? Yes Issue details Number of +securities to be quoted 850,000 Are the +securities being issued for a cash consideration? No Please describe the consideration being provided for the +securities corporate advice and services to facilitate the tenement acquisition agreements Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted 0.030000 Any other information the entity wishes to provide about the +securities to be quoted The purpose(s) for which the entity is issuing the securities To pay for services rendered Please provide additional details corporate advice and services to facilitate the tenement acquisition agreements

Application for quotation of +securities

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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
OZZO : OPTION EXPIRING 25-OCT-2024	18,795,851
OZZ : ORDINARY FULLY PAID	30,606,125

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
OZZAB : ORDINARY FULLY PAID RESTRICTED	16,080,750
OZZAC : OPTION EXPIRING 05-JUL-2023 EX $0.25	3,714,500
OZZAD : OPTION EXPIRING 05-JUL-2023 RESTRICTED	12,322,375
OZZAE : OPTION EXPIRING 05-JUL-2024 RESTRICTED	2,800,000
OZZAF : OPTION EXPIRING 05-JUL-2025 RESTRICTED	2,600,000

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Application for quotation of +securities

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Part 5 - Other Listing Rule requirements

5.1 Are the +securities being issued under an exception in Listing Rule 7.2 and therefore the issue does not need any security holder approval under Listing Rule 7.1? No

5.2 Has the entity obtained, or is it obtaining, +security holder approval for the issue under listing rule 7.1? No

5.2b Are any of the +securities being issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1? Yes

5.2b.1 How many +securities are being issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1?

800,000 Ordinary Shares 850,000 Options (OZZO)

5.2c Are any of the +securities being issued without +security holder approval using the entity's additional 10% placement capacity under listing rule 7.1A (if applicable)? No

Application for quotation of +securities

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