PRODIGY GOLD NL — Share Issue/Capital Change 2021

Oct 11, 2021

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Announcement Summary

Entity name

PRODIGY GOLD NL

Date of this announcement

Tuesday October 12, 2021

The +securities the subject of this notification are:

+Securities issued under an +employee incentive scheme that are subject to a restriction on transfer and are not being quoted on ASX until the restriction ends

Total number of +securities to be issued/transferred

		Total number of
ASX +security		+securities to be
code	Security description	issued/transferred	Issue date
New class - code	OPTION EXPIRING 07-OCT-2025 EX $0.055	1,000,000	11/10/2021
to be confirmed

Refer to next page for full details of the announcement

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Part 1 - Entity and announcement details

1.1 Name of entity

PRODIGY GOLD NL

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

1.2 Registered number type

ABN

Registration number

58009127020

1.3 ASX issuer code

PRX

1.4 The announcement is

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New announcement

1.5 Date of this announcement

12/10/2021

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Part 2 - Issue details

2.1 The +securities the subject of this notification are:

+Securities issued under an +employee incentive scheme that are subject to a restriction on transfer and are not being quoted on ASX until the restriction ends

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:

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does not have an existing ASX security code ("new class")

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Part 3C - number and type of +securities the subject of this notification (new class) where issue has not previously been notified to ASX in an Appendix 3B

New +securities issued under an +employee incentive scheme ASX +security code +Security description New class - code to be confirmed OPTION EXPIRING 07-OCT-2025 EX $0.055 +Security type ISIN code Options Date the +securities the subject of this notification were issued 11/10/2021 Will all the +securities issued in this class rank equally in all respects from their issue date? Yes Were any of the +securities issued to +key management personnel (KMP) or an +associate? No Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1? No Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued. https://www.asx.com.au/asxpdf/20200923/pdf/44mx199z3kh456.pdf Options Details +Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.05500000 7/10/2025 Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option Other Description unlisted options expiring 7 October 2025 Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms https://www.asx.com.au/asxpdf/20200923/pdf/44mx199z3kh456.pdf

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Any other information the entity wishes to provide about the +securities the subject of this notification

Options issued as a sign-on incentive to a principal technical employee. The unlisted options vested immediately with an exercise price of 145% of the 5-day VWAP immediately prior to 7 October 2021 and with an expiry date of 7 October 2025.

Issue details

Number of +securities

1,000,000

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Part 4 - +Securities on issue

Following the issue, conversion or payment up of the +securities the subject of this application, the +securities 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)

	Total number of
ASX +security code and description	+securities on issue
PRX : ORDINARY FULLY PAID	582,627,606
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
PRXAA : OPTION EXPIRING 29-NOV-2021 EX $0.133	3,000,000
PRXAB : OPTION EXPIRING 01-JUL-2025 EX NIL	2,200,000
PRXAC : OPTION EXPIRING 05-MAY-2025 EX $0.064	1,000,000
PRXAD : OPTION EXPIRING 01-JUL-2030 EX NIL	7,750,000
PRXAE : OPTION EXPIRING 27-JUN-2024 EX NIL	100,000
PRXAF : OPTION EXPIRING 02-NOV-2025 EX $0.081	3,000,000
New class - code to be confirmed : OPTION EXPIRING 07-OCT-2025 EX $0.055	1,000,000

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

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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

13

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