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PERPETUAL RESOURCES LIMITED Capital/Financing Update 2021

Apr 8, 2021

65540_rns_2021-04-08_65462a14-83dc-40f3-a786-d9a6a827c4d2.pdf

Capital/Financing Update

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Capital Structure Update

ASX RELEASE

9[th] April 2021 ASX: PEC

CORPORATE DIRECTORY

Perpetual Resources Limited ( ASX: PEC , “PEC” or “the Company”) is pleased to confirm the following current capital structure of the company, which includes today’s issue of shares as detailed in the attached Appendix 2A as well as the recent expiry of 100 million performance shares.

Executive Chairman Julian Babarczy

Managing Director Robert Benussi

Non-Executive Director Brett Grosvenor

Non-Executive Director & Company Secretary George Karafotias

Projects

Beharra Silica Sands Project Sargon Hub Eneabba Hub

CONTACT DETAILS:

Suite 801 Level 8 84 Pitt Street Sydney NSW 2000

Perpetual Resources Limited capital structure:

Security Type Total On Issue
Ordinary Shares 476,528,404
Options-expiring 22/2/2023- 13c strike price- expiring 31/10/2024- 4.5c strike price 5,000,0005,000,000
Performance Shares (various hurdles) 30,800,000

This announcement has been approved for release by the Board of Perpetual.

-ENDS-

For enquiries regarding this release please contact:

George Karafotias

Mr George Karafotias

Phone | +61 042 086 550

Company Secretary

Robert Benussi

Ph +61 421 086 550

Phone | +61 410 415 335