RESOURCE BASE LIMITED. — Capital/Financing Update 2022

Dec 13, 2022

Announcement Summary

Entity name

RESOURCE BASE LIMITED.

Date of this announcement

Wednesday December 14, 2022

The +securities the subject of this notification are: Other

Total number of +securities to be issued/transferred

ASX +securitycode	Security description	Total number of+securities to beissued/transferred	Issue date
New class - codeto be confirmed	OPTION EXPIRING 14-DEC-2027 EX $0.20	3,000,000	14/12/2022

Refer to next page for full details of the announcement

Part 1 - Entity and announcement details

1.1 Name of entity

RESOURCE BASE 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

ABN

Registration number

57113385425

1.3 ASX issuer code RBX

1.4 The announcement is

New announcement

1.5 Date of this announcement

14/12/2022

Part 2 - Issue details

2.1 The +securities the subject of this notification are:

Other

Please specify

Issue of Options to Directors following shareholder approval obtained on 30 November 2022

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")

Equity Securities

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

ASX +security code	+Security description
New class - code to be confirmed	OPTION EXPIRING 14-DEC-2027 EX $0.20
+Security type	ISIN code
Options
Date the +securities the subject of this notification were issued
14/12/2022
Yes	Will all the +securities issued in this class rank equally in all respects from their issue date?
	Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under

listing rule 6.1?

Yes

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/20221028/pdf/45gxj0fzgkbdch.pdf

Options Details

+Security currency	Exercise price	Expiry date
AUD - Australian Dollar	AUD 0.20000000	14/12/2027

Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option

Other

Equity Securities

Description

OPTION EXPIRING 14 DEC 2027

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

Issue details

Number of +securities

3,000,000

Were the +securities issued for a cash consideration?

No

Please describe the consideration being provided for the +securities

Nil.

Purpose of the issue

Other

Additional Details

Options issued to provide performance linked incentive.

Part 4 - +Securities on issue

Following the issue, conversion or payment up of the +securities the subject of this application, the +securities ofthe 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 oneapplication for quotation/issuance currently with ASX for processing.)
4.1 Quoted +Securities (Total number of each +class of +securities quoted)
ASX +security code and description	Total number of+securities on issue
RBX : ORDINARY FULLY PAID	48,369,830
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
RBXAG : OPTION EXPIRING 23-NOV-2024 EX $0.25	5,500,000
RBXAF : ORDINARY FULLY PAID RESTRICTED	6,700,000
RBXAI : PERFORMANCE RIGHTS EXP 22-SEP-25 T2 RESTRICTED	2,000,000
RBXAC : ORDINARY FULLY PAID RESTRICTED	8,614,655
RBXAD : OPTION EXPIRING 05-JUL-2024 RESTRICTED	2,500,000
RBXAE : OPTION EXPIRING 05-JUL-2026 RESTRICTED	7,185,640

New class - code to be confirmed : OPTION EXPIRING 14-DEC-2027 EX $0.20 3,000,000

Equity Securities

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? Yes

5.2a Date of meeting or proposed meeting to approve the issue under listing rule 7.1

30/11/2022

Equity Securities