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REDIVIUM LIMITED Capital/Financing Update 2021

Dec 5, 2021

65703_rns_2021-12-05_fb2a4c8d-cc32-4069-bd96-b7a3dbf15afa.pdf

Capital/Financing Update

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6 December 2021

ASX Announcement

Updated Capital Structure

Hannans Ltd (ASX: HNR) ( Hannans or the Company ) advises that following the issue of unlisted options approved by Shareholders at the 2021 AGM the Company’s updated capital structure is as follows:

Description No of securities
OrdinaryFullyPaid Shares listed on ASX 2,606,271,476
Unlisted Options exercisable at 1.5 cents on or before 27 October 2022 28,000,000
Unlisted Options exercisable at 1.5 cents on or before 27 October 2022 3,500,000
Unlisted Options exercisable at 2.2 cents on or before 30 October 2022 20,000,000
Unlisted Options exercisable at 2.7 cents on or before 30 October 2022 25,000,000
Unlisted Options exercisable at 6.11cents on or before 25 November 2025 55,000,000
Unlisted Options exercisable on or before 25 November 2025 at the VWAP**^** 55,000,000
for the five (5) trading days before and five (5) trading days after
26 November 2022 PLUS apremium of 50%
Unlisted Options exercisable on or before 25 November 2025 at the VWAP**^** 55,000,000
for the five (5) trading days before and five (5) trading days after
26 November 2023 PLUS apremium of 50%

1 Exercise price calculated from the VWAP^ for the five (5) trading days before and five (5) trading days after 26 November 2021 PLUS a premium of 50%.

^ VWAP = Volume Weights Average Price

An Appendix 3G will be lodged with ASX in relation to the issue of unlisted options.

This ASX announcement has been authorised for release by Damian Hicks, Executive Director.

For further information, please contact:

Damian Hicks Ian Gregory Executive Director Company Secretary E: [email protected] E: [email protected]

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www.hannans.com @Hannans_Ltd Hannans_Ltd [email protected] +61 8 9324 3388

Level 12, 197 St Georges Terrace, Perth, Western Australia

ASX: HNR ABN: 52 099 862 129