RAGUSA MINERALS LTD — Share Issue/Capital Change 2021

Aug 24, 2021

Announcement Summary

Entity name

RAGUSA MINERALS LTD

Announcement Type

New announcement

Date of this announcement

Wednesday August 25, 2021

The +securities to be quoted are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B

Total number of +securities to be quoted

ASX +securitycode	Security description	Number of +securities tobe quoted	Issue date
RAS	ORDINARY FULLY PAID	6,523,078	25/08/2021

Refer to next page for full details of the announcement

Part 1 - Entity and announcement details

1.1 Name of entity

RAGUSA MINERALS LTD

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 ACN

Registration number 143194165

1.3 ASX issuer code RAS

1.4 The announcement is

New announcement

1.5 Date of this announcement

25/8/2021

Part 2 - Type of Issue

2.1 The +securities to be quoted are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B

Previous Appendix 3B details:

Announcement Date andTime	Announcement Title	Selected Appendix 3B to submit quotationrequest
05-Jul-2021 09:11	New - Proposed issue of securities -RAS	A placement or other type of issue

2.3a.2 Are there any further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B?

Yes

2.3a.3 Please provide details of the further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B

2,000,000 unlisted options expiring 2 years from date of issue, referred to in the Appendix 3B, are yet to be issued.

Part 3A - number and type of +securities to be quoted where issue has previously been notified to ASX in an Appendix 3B

Placement Details

ASX +security code and description

RAS : ORDINARY FULLY PAID

Issue date 25/8/2021

Distribution Schedule

Provide a distribution schedule for the new +securities according to the categories set out in the left hand column including the number of recipients and the total percentage of the new +securities held by the recipients in each category.

Number of +securities held	Number of holders	Total percentage of +securities heldFor example, to enter a value of 50%please input as 50.00
1 - 1,000		%
1,001 - 5,000		%
5,001 - 10,000		%
10,001 - 100,000	3	3.00 %
100,001 and over	13	97.00 %

Issue details

Number of +securities to be quoted6,153,847
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 0.06500000
Any other information the entity wishes to provide about the +securities to be quoted

ASX +security code and description RAS : ORDINARY FULLY PAID

Issue date

25/8/2021

Distribution Schedule

Provide a distribution schedule for the new +securities according to the categories set out in the left hand column including the number of recipients and the total percentage of the new +securities held by the recipients in each category.

Number of +securities held	Number of holders	Total percentage of +securities heldFor example, to enter a value of 50%please input as 50.00
1 - 1,000		%
1,001 - 5,000		%
5,001 - 10,000		%
10,001 - 100,000		%
100,001 and over	1	100.00 %

Issue details

Number of +securities to be quoted

369,231

Are the +securities being issued for a cash consideration?

No

Please describe the consideration being provided for the +securities

Issued as consideration for services as lead managers of the placement.

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted

24,000.000000

Any other information the entity wishes to provide about the +securities to be quoted

Part 4 - Issued capital following quotation

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)

ASX +security code and description	Total number of+securities on issue
RAS : ORDINARY FULLY PAID	111,138,108

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

ASX +security code and description	Total number of+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