REDSTONE RESOURCES LIMITED — Share Issue/Capital Change 2024

Dec 19, 2024

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Announcement Summary

Entity name

REDSTONE RESOURCES LIMITED

Date of this announcement

Friday December 20, 2024

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	Unquoted Options exercisable at $0.0043 on or	27,000,000	20/12/2024
to be confirmed	before 23 November 2029

Refer to next page for full details of the announcement

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Appendix 3G - 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

REDSTONE RESOURCES LIMITED

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

1.2 Registered number type Registration number ACN 090169154

1.3 ASX issuer code

RDS

1.4 The announcement is

New announcement

1.5 Date of this announcement

20/12/2024

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Part 2 - Issue details

2.1 The +securities the subject of this notification are:

Other

Please specify

Unquoted options issued to directors and employee/consultant pursuant to Shareholder approval at AGM

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

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)

New +securities

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----- Start of picture text ----- ASX +security code +Security descriptionNew class - code to be confirmed Unquoted Options exercisable at $0.0043 on or before 23November 2029+Security type ISIN codeOptionsDate the +securities the subject of this notification were issued20/12/2024Will all the +securities issued in this class rank equally in all respects from their issue date?YesHave you received confirmation from ASX that the terms of the +securities are appropriate and equitable underlisting rule 6.1?YesPlease provide a URL link for a document lodged with ASX setting out the material terms of the +securities beingissued.2024 Notice of AGM -https://app.sharelinktechnologies.com/announcement/asx/3ace3e3d0a19f15eb9b75294cfa86998----- End of picture text -----

Options Details
+Security currency	Exercise price	Expiry date
AUD - Australian Dollar	AUD 0.00430000	23/11/2029
Details of the existing class of +security that will be issued upon exercise or conversion of this new class of
company option
Other

Description

Unquoted Options exercisable at $0.0043 on or before 23 November 2029

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 the market in an Appendix 3B

N/A

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

Issue details

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Number of +securities

27,000,000

Were the +securities issued for a cash consideration?

No

Please describe the consideration being provided for the +securities

Nil consideration. The Options are issued as an incentive for technical, management and corporate services provided to the Company.

Purpose of the issue

Other

Additional Details

The Options are issued as an incentive for technical, management and corporate services provided.

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Part 4 - +Securities on issue

Following the issue, conversion or payment up of the +securities the subject of this notification, the +securities of the entity will comprise:

The figures in parts 4.1 and 4.2 below are automatically generated and may not reflect the entity's current issued capital if other Appendix 2A, Appendix 3G or Appendix 3H forms are currently with ASX for processing.

4.1 Quoted +securities (Total number of each +class of +securities issued and quoted on ASX)

	Total number of
ASX +security code and description	+securities on issue
RDS : ORDINARY FULLY PAID	925,378,460

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
RDSAAA : OPTION EXPIRING 23-NOV-2027 EX $0.0164	17,000,000
RDSAAC : OPTION EXPIRING 23-NOV-2028 EX $0.0096	27,000,000
RDSAC : OPTION EXPIRING 20-NOV-2025 EX $0.0204	15,000,000
RDSAD : OPTION EXPIRING 23-JAN-2027 EX $0.0188	32,000,000
RDSAAB : OPTION EXPIRING 31-DEC-2025 EX $0.025	35,833,333
New class - code to be confirmed : Unquoted Options exercisable at $0.0043 on or before	27,000,000
23 November 2029

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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

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