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PEEL MINING LIMITED Share Issue/Capital Change 2022

Sep 11, 2022

65545_rns_2022-09-11_4722edc6-be5f-4208-9617-50dc4f512607.pdf

Share Issue/Capital Change

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Announcement Summary

Entity name

PEEL MINING LIMITED

Announcement Type

New announcement

Date of this announcement

Monday September 12, 2022

Details of +securities that have ceased

ASX +securitycode Security description Number of+securities thathave ceased The +securities haveceased due to Date ofcessation
PEXAA OPTION EXPIRINGVARIOUS DATES EXVARIOUS PRICES 2,000,000 Expiry of option or otherconvertible security withoutexercise or conversion 09/09/2022

Refer to next page for full details of the announcement

Part 1 - Announcement Details

1.1 Name of +Entity

PEEL MINING LIMITED

We (the entity named above) provide the following information about our issued capital.

1.2 Registered Number Type ABN

Registration Number 79119343734

1.3 ASX issuer code PEX

1.4 The announcement is

New announcement

1.5 Date of this announcement

12/9/2022

Part 2 - Details of +equity securities or +debt securities that have ceased

ASX +Security Code and Description

PEXAA : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES

Unquoted +equity securities that have ceased

Number of securities that have ceased

2,000,000

9/9/2022

Reason for cessation

Expiry of option or other convertible security without exercise or conversion

Date of cessation

Is the entity paying any consideration for the cessation? No

Any other information the entity wishes to notify to ASX about the cessation?

Peel Mining Limited (ASX: PEX) advises that 2,000,000 unquoted options (exercise price $0.31), issued to Mr. Jim Simpson (Director), have lapsed unexercised.

Part 3 - Issued capital following changes

Following the cessation of the +securities the subject of this notification, the issued capital of the entity will comprise:

3.1 Quoted +equity securities and +debt securities (total number of each +class of +securities quoted on ASX)

ASX +security code and description Total number of+securities on issue
PEX : ORDINARY FULLY PAID 580,767,868

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

ASX +security code and description Total number of+securities on issue
PEXAA : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES 17,050,000
PEXAQ : PERFORMANCE RIGHTS 3,100,000
PEXAT : OPTION EXPIRING 20-APR-2025 EX $0.236 4,248,106
PEXAS : PERFORMANCE RIGHTS (2021) 1,600,000

Note: the figures stated in the tables above are used to calculate the total market capitalisation of the entity published by ASX from time to time. The table will not include those classes of +securities that have ceased or lapsed in their entirety in ASX records before the announcement date described in Q1.5, even if the entity has advised ASX of a change to that class of +security in Part 2 of this form.