RUMBLE RESOURCES LIMITED — Share Issue/Capital Change 2021

Sep 30, 2021

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

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Announcement Summary

Entity name

RUMBLE RESOURCES LIMITED

Date of this announcement

Friday October 01, 2021

The +securities the subject of this notification are:

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+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

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	Unlisted incentive options ($0.58, 30/09/2024)	3,250,000	30/09/2021
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

RUMBLE 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

ACN

Registration number

148214260

1.3 ASX issuer code

RTR

1.4 The announcement is

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New announcement

1.5 Date of this announcement

1/10/2021

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Part 2 - Issue details

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2.1 The +securities the subject of this notification are:

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+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

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

ASX +security code +Security description New class - code to be confirmed Unlisted incentive options ($0.58, 30/09/2024) +Security type ISIN code Options Date the +securities the subject of this notification were issued 30/9/2021 Will all the +securities issued in this class rank equally in all respects from their issue date? Yes Were any of the +securities issued to +key management personnel (KMP) or an +associate? No Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1? No Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued. The unlisted incentive options are exercisable at $0.58 each and expire 30/09/2024. They were issued under the employee incentive plan that is summarised in a previous notice of meeting available here: https://www.asx.com.au/asxpd f/20171009/pdf/43n2qlfpbhjjs0.pdf

Options Details +Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.58000000 30/9/2024 Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option Other Description RTR - Fully paid ordinary shares

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms

https://www.asx.com.au/asxpdf/20171009/pdf/43n2qlfpbhjjs0.pdf

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Any other information the entity wishes to provide about the +securities the subject of this notification

The incentive options have been issued to key technical and operational staff to align their interests with shareholders, to motivate and incentivise performance, and assist with retention of key staff. The majority of the options are also subject to a continuous employment vesting condition, vesting in either 12 months (30/09/2022) or 24 months (30/09/2023)

Issue details

Number of +securities

3,250,000

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

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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
RTR : ORDINARY FULLY PAID	620,121,439

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
RTRAB : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	15,000,000
RTRAD : OPTION EXPIRING 31-DEC-2022 EX 15C	4,875,705
RTRAC : OPTION EXPIRING 1-APR-2023 EX 15C	1,000,000
New class - code to be confirmed : Unlisted incentive options ($0.58, 30/09/2024)	3,250,000

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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? No

5.2b Are any of the +securities being issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1? Yes

5.2b.1 How many +securities are being issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1?

3,250,000

5.2c Are any of the +securities being issued without +security holder approval using the entity's additional 10% placement capacity under listing rule 7.1A (if applicable)? No

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