Prairie Mining Ltd. — Capital/Financing Update 2022

Feb 3, 2022

Application for quotation of +securities

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Announcement Summary

Entity name

GREENX METALS LIMITED

Announcement Type

New announcement

Date of this announcement

Friday February 04, 2022

The +securities to be quoted are: Other

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
GRX	ORDINARY FULLY PAID	17,769,000	04/02/2022

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

GREENX METALS 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 23008677852

1.3 ASX issuer code

GRX

1.4 The announcement is

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New announcement

1.5 Date of this announcement

4/2/2022

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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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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Yes

2.3c.1 Date of +disclosure document or +PDS?

2/11/2021

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

The Company announced an updated Appendix 3B in relation to its one for ten non-renounceable entitlements issue (Entitlements Issue) on 28 October 2021 and a second updated Appendix 3B on 5 November 2021. The Directors have exercised their discretion to offer 17,769,000 shortfall shares to nominated parties in accordance with the terms of the Entitlements Issue.

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 GRX : ORDINARY FULLY PAID Issue date 4/2/2022 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 17,769,000 Are the +securities being issued for a cash consideration? Yes In what currency is the cash consideration being paid? What is the issue price per +security? AUD - Australian Dollar AUD 0.20000000 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 raise additional working capital

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
GRX : ORDINARY FULLY PAID	253,620,464

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
GRXAAA : OPTION EXPIRING 30-NOV-2025 EX $0.45	2,000,000
GRXAAB : OPTION EXPIRING 30-NOV-2026 EX $0.55	2,000,000
GRXAAC : OPTION EXPIRING 30-NOV-2025 EX $0.45	3,375,000
GRXAAD : OPTION EXPIRING 30-NOV-2026 EX $0.55	3,375,000
GRXAQ : PERFORMANCE SHARE RIGHT	11,000,000
GRXAS : CONVERTIBLE NOTES	5,711,805

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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? Yes

5.1a Select the number of the applicable exception in Listing Rule 7.2

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Application for quotation of +securities

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