RAGUSA MINERALS LTD — Share Issue/Capital Change 2021

Oct 18, 2021

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

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Announcement Summary

Entity name

RAGUSA MINERALS LTD

Date of this announcement

Monday October 18, 2021

The +securities the subject of this notification are: Other

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	Unlisted Options, exercise price of $0.16 expiring	10,000,000	18/10/2021
to be confirmed	3 years from date of issue

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

RAGUSA MINERALS 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

143194165

1.3 ASX issuer code

RAS

1.4 The announcement is

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New announcement

1.5 Date of this announcement

18/10/2021

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Part 2 - Issue details

2.1 The +securities the subject of this notification are:

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Other

Please specify

As per Appendix 3B 8 September 2021

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

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New +securities
ASX +security code +Security description
New class - code to be confirmed Unlisted Options, exercise price of $0.16 expiring 3 years
from date of issue
+Security type ISIN code
Options
Date the +securities the subject of this notification were issued
18/10/2021
Will all the +securities issued in this class rank equally in all respects from their issue date?
Yes
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://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02419339-2A1322333?access_token=8
3ff96335c2d45a094df02a206a39ff4
Options Details
+Security currency Exercise price Expiry date
AUD - Australian Dollar AUD 0.16000000 18/10/2024
Details of the existing class of +security that will be issued upon exercise or conversion of this new class of
company option
Other
Description
RAS fully paid ordinary share
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
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the market in an Appendix 3B

N/A

Issue details

Number of +securities

10,000,000

Were the +securities issued for a cash consideration?

Yes In what currency was the cash consideration being What was the issue price per +security? paid? AUD - Australian Dollar AUD 0.00001000

Purpose of the issue

To pay for services rendered

Additional Details

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Part 4 - +Securities on issue

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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
RAS : ORDINARY FULLY PAID	118,022,723
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
RASAA : ORDINARY FULLY PAID RESTRICTED	7,214,468
RASAB : ORDINARY FULLY PAID RESTRICTED	2,268,559
RASAF : FIRST MILESTONE SHARES RESTRICTED	4,999,999
RASAG : SECOND MILESTONE SHARES RESTRICTED	4,999,999
RASAH : FIRST MILESTONE SHARES RESTRICTED	1,666,667
RASAJ : SECOND MILESTONE SHARES RESTRICTED	1,666,667
RASAD : OPTION EXPIRING 31-DEC-2022 RESTRICTED	1,007,953
RASAC : OPTION EXPIRING 31-DEC-2022 RESTRICTED	8,581,122
RASAE : OPTION EXPIRING 31-DEC-2022 RESTRICTED	45,924,835
RASAM : OPTION EXPIRING 08-SEP-2026 EX $0.16	1,000,000
RASAL : OPTION EXPIRING 08-SEP-2024 EX $0.16	2,000,000
RASAK : OPTION EXPIRING 25-AUG-2024 EX $0.12	2,000,000
RASAO : OPTION EXPIRING 08-SEP-2023 EX $0.12	2,000,000

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10,000,000

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New class - code to be confirmed : Unlisted Options, exercise price of $0.16 expiring 3 years from date of issue

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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? No

5.2 Has the entity obtained, or is it obtaining, +security holder approval for the issue under listing rule 7.1? No

5.2b Are any of the +securities being issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1? Yes

5.2b.1 How many +securities are being issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1?

10,000,000

5.2c Are any of the +securities being issued without +security holder approval using the entity's additional 10% placement capacity under listing rule 7.1A (if applicable)? No

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