PANTHER METALS LTD — Share Issue/Capital Change 2024

Dec 17, 2024

Announcement Summary

Entity name

PANTHER METALS LTD

Date of this announcement

Wednesday December 18, 2024

The +securities the subject of this notification are: Total number of +securities to be issued/transferred Other

ASX +securitycode	Security description	Total number of+securities to beissued/transferred	Issue date
New class - codeto be confirmed	Performance Rights expiring 18 December 2029	21,500,000	18/12/2024

Refer to next page for full details of the announcement

Part 1 - Entity and announcement details

1.1 Name of entity

PANTHER METALS LTD

We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.

1.2 Registered number type ACN

Registration number 614676578

1.3 ASX issuer code PNT

1.4 The announcement is 1.5 Date of this announcement New announcement

18/12/2024

Part 2 - Issue details

2.1 The +securities the subject of this notification are:

Other

Please specify

Issue of new performance rights approved at general meeting held on 13 December 2024

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")

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

New +securities

ASX +security code	+Security description
New class - code to be confirmed	Performance Rights expiring 18 December 2029

+Security type

ISIN code

Other

Date the +securities the subject of this notification were issued

18/12/2024

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://announcements.asx.com.au/asxpdf/20241113/pdf/06bc5m1qn7891x.pdf

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

Issue of securities included in Notice of General Meeting previously announced on 13 November 2024.

Issue details

Number of +securities

21,500,000

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

Incentivise directors to achieve Company objectives

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)

ASX +security code and description	Total number of+securities on issue
PNT : ORDINARY FULLY PAID	235,348,638
PNTOA : OPTION EXPIRING 28-APR-2026	33,440,000

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

ASX +security code and description	Total number of+securities on issue
PNTAG : OPTION EXPIRING 24-SEP-2027 EX $0.03	47,045,618
PNTAF : PERFORMANCE RIGHTS	5,000,000
New class - code to be confirmed : Performance Rights expiring 18 December 2029	21,500,000

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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