RESOURCE BASE LIMITED. — Capital/Financing Update 2025

Feb 24, 2025

Appendix 3B - Proposed issue of securities

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Announcement Summary

Entity name

RESOURCE BASE LIMITED.

Announcement Type

New announcement

Date of this announcement

24/2/2025

The Proposed issue is:

A standard pro rata issue (including non-renounceable or renounceable)

Total number of +securities proposed to be issued for a standard pro rata issue (including non-renounceable or renounceable)

enounceable)
		Maximum Number of
ASX +security code	+Security description	+securities to be issued
New class-code to be	Unlisted options exercisable at $0.06 each within 3 years of	28,796,121
confirmed	issue

Ex date

27/2/2025

+Record date

28/2/2025

Offer closing date

19/3/2025

Issue date

26/3/2025

Refer to next page for full details of the announcement

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Appendix 3B - Proposed issue of securities

Part 1 - Entity and announcement details

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1.1 Name of +Entity

RESOURCE BASE LIMITED.

We (the entity named above) give ASX the following information about a proposed issue of +securities and, if ASX agrees to +quote any of the +securities (including any rights) on a +deferred settlement basis, we agree to the matters set out in Appendix 3B of the ASX Listing Rules.

If the +securities are being offered under a +disclosure document or +PDS and are intended to be quoted on ASX, we also apply for quotation of all of the +securities that may be issued under the +disclosure document or +PDS on the terms set out in Appendix 2A of the ASX Listing Rules (on the understanding that once the final number of +securities issued under the +disclosure document or +PDS is known, in accordance with Listing Rule 3.10.3C, we will complete and lodge with ASX an Appendix 2A online form notifying ASX of their issue and applying for their quotation).

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

24/2/2025

1.6 The Proposed issue is:

A standard +pro rata issue (non-renounceable or renounceable)

1.6a The proposed standard +pro rata issue is:

• Non-renounceable

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Appendix 3B - Proposed issue of securities

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Part 3 - Details of proposed entitlement offer issue

Part 3A - Conditions

3A.1 Do any external approvals need to be obtained or other conditions satisfied before the entitlement offer can proceed on an unconditional basis? No

Part 3B - Offer details

+Class or classes of +securities that will participate in the proposed issue and +class or classes of +securities proposed to be issued

ASX +security code and description

RBX : ORDINARY FULLY PAID

Is the proposed security a 'New Will the proposed issue of this If the entity has quoted company class' (+securities in a class that is +security include an offer of options, do the terms entitle option not yet quoted or recorded by ASX) attaching +securities? holders to participate on exercise? or an 'Existing class' (additional No No securities in a class that is already quoted or recorded by ASX)? New class

Details of +securities proposed to be issued

ISIN Code (if Issuer is a foreign company and +securities do not have +CDIs issued over them)

ISIN Code for the entitlement or right to participate in a non-renounceable issue (if Issuer is foreign company and +securities do not have +CDIs issued over them)

Have you received confirmation from ASX that the terms of the proposed +securities are appropriate and equitable under listing rule 6.1? Will the entity be seeking quotation of the 'new' class of +securities on ASX? ASX +security code New class-code to be confirmed +Security description Unlisted options exercisable at $0.06 each within 3 years of issue No No	Have you received confirmation from ASX that the terms of the proposed +securities are appropriate and equitable under listing rule 6.1? Will the entity be seeking quotation of the 'new' class of +securities on ASX? ASX +security code New class-code to be confirmed +Security description Unlisted options exercisable at $0.06 each within 3 years of issue No No
New class-code to be confirmed	Unlisted options exercisable at $0.06 each within 3 years of issue

+Security type

Options

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Appendix 3B - Proposed issue of securities

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Appendix 3B - Proposed issue of securities	Appendix 3B - Proposed issue of securities	Appendix 3B - Proposed issue of securities
Offer ratio (ratio to existing holdings at which the proposed +securities will be issued)
The quantity of additional +securities	For a given quantity of +securities
to be issued	held
1	4
What will be done with fractional	Maximum number of +securities
entitlements?	proposed to be issued (subject to
	rounding)
Fractions rounded down to the nearest	28,796,121
whole number or fractions disregarded
Offer price details for retail security holders
In what currency will the offer be	What is the offer price per +security
made?	for the retail offer?
AUD - Australian Dollar	AUD 0.00300
Oversubscription & Scale back details
Will individual +security holders be permitted to apply for more than their
entitlement (i.e. to over-subscribe)?
Yes
Describe the limits on over-subscription
There are no limits on applications by Eligible Shareholders under the Entitlement		Offer but are subject to scale back
arrangements
Will a scale back be applied if the offer	is over-subscribed?
Yes
Describe the scale back arrangements
Any allocation is at the discretion of Directors in accordance with the Prospectus.
Will all the +securities issued in this class rank equally in all respects from
their issue date?
Yes
Options details
+Security currency	Exercise price	Expiry date
AUD - Australian Dollar	AUD 0.0600	26/3/2028
Details of the type of +security that will be issued if the option is exercised
RBX : ORDINARY FULLY PAID
Number of securities that will be issued if the option is exercised
One ordinary share per option exercised
Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities
proposed to be issued or provide the information by separate announcement.
Refer to ASX Announcement dated 25 February 2025. Full details are included in		the Prospectus lodged with ASIC on 24
February 2025 and ASX on 25 February	2025.

Appendix 3B - Proposed issue of securities

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Appendix 3B - Proposed issue of securities

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Part 3C - Timetable

3C.1 +Record date

28/2/2025

3C.2 Ex date

27/2/2025

3C.4 Record date

28/2/2025

3C.5 Date on which offer documents will be sent to +security holders entitled to participate in the +pro rata issue

5/3/2025

3C.6 Offer closing date

19/3/2025

3C.7 Last day to extend the offer closing date

14/3/2025

3C.9 Trading in new +securities commences on a deferred settlement basis

20/3/2025

3C.11 +Issue date and last day for entity to announce results of +pro rata issue

26/3/2025

3C.12 Date trading starts on a normal T+2 basis

3C.13 First settlement date of trades conducted on a +deferred settlement basis and on a normal T+2 basis

Part 3E - Fees and expenses

3E.1 Will there be a lead manager or broker to the proposed offer? No

3E.2 Is the proposed offer to be underwritten? Yes

3E.2a Who are the underwriter(s)?

The Offer is fully underwritten by certain Directors of the Company

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Appendix 3B - Proposed issue of securities

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3E.2b What is the extent of the underwriting (ie the amount or proportion of the offer that is underwritten)? Fully underwritten 3E.2c What fees, commissions or other consideration are payable to them for acting as underwriter(s)? NIL fees payable 3E.2d Please provide a summary of the significant events that could lead to the underwriting being terminated Refer to the Prospectus lodged with ASIC on 24 February 2025 and ASX on 25 February 2025 for the termination events of the underwriting agreement. 3E.2e Is a party referred to in listing rule 10.11 underwriting or sub-underwriting the proposed offer? Yes 3E.2e (i) What is the name of that party? Brent Palmer Maurice Feilich - Filmrim Pty Ltd 3E.2e (ii) What is the extent of their underwriting or sub-underwriting (ie the amount or proportion of the offer they have underwritten or sub-underwritten)? Brent Palmer - 50% Maurice Feilich - 50% 3E.2e (iii) What fee, commission or other consideration is payable to them for acting as underwriter or sub-underwriter? NIL 3E.3 Will brokers who lodge acceptances or renunciations on behalf of eligible +security holders be paid a handling fee or commission? No 3E.4 Details of any other material fees or costs to be incurred by the entity in connection with the proposed offer ASX, registry and legal fees

Part 3F - Further Information

3F.1 The purpose(s) for which the entity intends to use the cash raised by the proposed issue Towards identifying potential new projects, the costs of the Offers, and general working capital 3F.2 Will holdings on different registers or subregisters be aggregated for the purposes of determining entitlements to the issue? No 3F.3 Will the entity be changing its dividend/distribution policy if the proposed issue is successful? No 3F.4 Countries in which the entity has +security holders who will not be eligible to participate in the proposed issue

Outside of Australia and New Zealand 3F.5 Will the offer be made to eligible beneficiaries on whose behalf eligible nominees or custodians hold existing +securities Yes

• 3F.5a Please provide further details of the offer to eligible beneficiaries

Nominees and custodians that hold Shares should note that the Entitlement Offer is available only to Eligible Shareholders. The Company is not required to determine whether or not any registered holder is acting as a nominee or the identity or residence of any beneficial owners of Shares.

3F.6 URL on the entity's website where investors can download information about the proposed issue

https://resourcebase.com.au/

3F.7 Any other information the entity wishes to provide about the proposed issue

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Appendix 3B - Proposed issue of securities

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3F.8 Will the offer of rights under the rights issue be made under a +disclosure document or product disclosure statement under Chapter 6D or Part 7.9 of the Corporations Act (as applicable)? Yes

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