RTG Mining Inc. — Capital/Financing Update 2023

Sep 7, 2023

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Announcement Summary

Entity name

RTG MINING INC.

Date of this announcement

Friday September 08, 2023

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	OPTION EXPIRING 30-JUN-2025 EX $0.12	12,715,201	08/09/2023
to be confirmed
New class - code	OPTION EXPIRING 8-SEP-2026 EX $0.075	15,000,000	08/09/2023
to be confirmed
New class - code	OPTION EXPIRING 8-SEP-2024 EX $0.075	193,286,828	08/09/2023
to be confirmed

Refer to next page for full details of the announcement

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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

RTG MINING INC.

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

1.2 Registered number type

ARBN

Registration number

164362850

1.3 ASX issuer code

RTG

1.4 The announcement is

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New announcement

1.5 Date of this announcement

8/9/2023

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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:

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Other

Please specify

Please refer to Appendix 3B dated 4 July 2023.

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

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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) 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 30-JUN-2025 EX $0.12 +Security type ISIN code Options Date the +securities the subject of this notification were issued 8/9/2023 Will all the +securities issued in this class rank equally in all respects from their issue date? Yes

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. Please refer to Appendix 3B dated 4 July 2023. Options Details +Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.12000000 30/6/2025 Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option RTGAA : ORDINARY FULLY PAID

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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Issue details

Number of +securities 12,715,201

Were the +securities issued for a cash consideration? No Please describe the consideration being provided for the +securities Consultancy and corporate advisory services rendered for the Company by M2-Advisors. Purpose of the issue To pay for services rendered Additional Details Please refer to Appendix 3B dated 4 July 2023.

New +securities ASX +security code +Security description New class - code to be confirmed OPTION EXPIRING 8-SEP-2026 EX $0.075 +Security type ISIN code Options Date the +securities the subject of this notification were issued 8/9/2023 Will all the +securities issued in this class rank equally in all respects from their issue date? Yes

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. Please refer to Appendix 3B dated 4 July 2023.

Options Details +Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.07500000 8/9/2026

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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

RTGAA : ORDINARY FULLY PAID

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

15,000,000

Were the +securities issued for a cash consideration?

Yes In what currency was the cash consideration being What was the issue price per +security? paid? AUD - Australian Dollar AUD 0.00001000 Purpose of the issue Other

Additional Details

New +securities

ASX +security code +Security description New class - code to be confirmed OPTION EXPIRING 8-SEP-2024 EX $0.075 +Security type ISIN code Options

Date the +securities the subject of this notification were issued

8/9/2023

Will all the +securities issued in this class rank equally in all respects from their issue date? Yes

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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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.

Please refer to Appendix 3B dated 4 July 2023.

Options Details

+Security currency

AUD - Australian Dollar

Exercise price Expiry date AUD 0.07500000 8/9/2024

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

RTGAA : ORDINARY FULLY PAID

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

193,286,828

Were the +securities issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

Free attaching options.

Purpose of the issue

Other

Additional Details

Please refer to Appendix 3B dated 4 July 2023.

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Part 4 - +Securities on issue

Following the issue, conversion or payment up of the +securities the subject of this application, the +securities 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)

	Total number of
ASX +security code and description	+securities on issue
RTG : CHESS DEPOSITARY INTERESTS 1:1	1,004,912,483

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
RTGAC : OPTION EXPIRING 15-JUL-2025 EX 5.7C	6,806,612
RTGAB : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	5,827,959
RTGAA : ORDINARY FULLY PAID	42,702,162
New class - code to be confirmed : OPTION EXPIRING 30-JUN-2025 EX $0.12	12,715,201
New class - code to be confirmed : OPTION EXPIRING 8-SEP-2026 EX $0.075	15,000,000
New class - code to be confirmed : OPTION EXPIRING 8-SEP-2024 EX $0.075	193,286,828

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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? 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

31/8/2023

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