PACGOLD LIMITED — Capital/Financing Update 2022

May 15, 2022

Application for quotation of +securities

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Announcement Summary

Entity name

PACGOLD LIMITED

Announcement Type

New announcement

Date of this announcement

Monday May 16, 2022

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
PGO	ORDINARY FULLY PAID	2,723,244	16/05/2022

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

PACGOLD 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 636421782

1.3 ASX issuer code

PGO

1.4 The announcement is

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New announcement

1.5 Date of this announcement

16/5/2022

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 13-May-2022 10:42 Update - Update - Proposed issue of A standard +pro rata issue (non-renounceable) securities - PGO

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

Entitlement Offer shortfall shares (2,419,509 fully paid ordinary shares) to be allotted 17 May 2022.

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

Corporate Action Component Detail

ASX +security code and description

PGO : ORDINARY FULLY PAID

Issue date

16/5/2022

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 %

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Application for quotation of +securities

Issue details

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Number of +securities to be quoted

2,723,244 Issue currency Issue price or consideration per +security AUD - Australian Dollar AUD 0.63000000 Any other information the entity wishes to provide about the +securities to be quoted

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
PGO : ORDINARY FULLY PAID	52,542,306
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
PGOAC : ORDINARY FULLY PAID RESTRICTED	11,888,750
PGOAD : OPTION EXPIRING 05-JUL-2024 RESTRICTED	1,440,000
PGOAF : OPTION EXPIRING 05-JUL-2027 RESTRICTED	2,050,000
PGOAE : OPTION EXPIRING 05-JUL-2025 RESTRICTED	2,050,000

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

Application for quotation of +securities

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