SANDFIRE RESOURCES LIMITED — Share Issue/Capital Change 2021

Oct 3, 2021

Application for quotation of +securities

==> picture [21 x 22] intentionally omitted <==

Announcement Summary

Entity name

SANDFIRE RESOURCES LIMITED

Announcement Type

New announcement

Date of this announcement

Monday October 04, 2021

The +securities to be quoted are: Other

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
SFR	ORDINARY FULLY PAID	52,802,728	05/10/2021

Refer to next page for full details of the announcement

Application for quotation of +securities

1 / 7

Application for quotation of +securities

==> picture [21 x 22] intentionally omitted <==

Part 1 - Entity and announcement details

1.1 Name of entity

SANDFIRE RESOURCES LIMITED

We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules.

1.2 Registered number type

ABN

Registration number 55105154185

1.3 ASX issuer code

SFR

1.4 The announcement is

==> picture [8 x 8] intentionally omitted <==

New announcement

1.5 Date of this announcement

4/10/2021

Application for quotation of +securities

2 / 7

Application for quotation of +securities

==> picture [21 x 22] intentionally omitted <==

Part 2 - Type of Issue

2.1 The +securities to be quoted are:

==> picture [8 x 8] intentionally omitted <==

Other

2.2 The +securities to be quoted are:

==> picture [8 x 9] intentionally omitted <==

Additional +securities in a class that is already quoted on ASX ("existing class")

2.3c Have these +securities been offered under a +disclosure document or +PDS?

==> picture [8 x 8] intentionally omitted <==

No

2.3d Please provide any further information needed to understand the circumstances in which you are applying to have these +securities quoted on ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B

Issue under the placement announced to ASX on 23 September 2021. The Appendix 3B lodged on 23 September 2021 did not include the details of the placement in Part 7 of that Appendix.

2.4 Any on-sale of the +securities to be quoted within 12 months of their date of issue will comply with the secondary sale provisions in sections 707(3) and 1012C(6) of the Corporations Act by virtue of: The publication of a cleansing notice under section 708A(5), 708AA(2)(f), 1012DA(5) or 1012DAA(2)(f)

Application for quotation of +securities

3 / 7

Application for quotation of +securities

==> picture [21 x 22] intentionally omitted <==

Part 3B - number and type of +securities to be quoted (existing class) where issue has not previously been notified to ASX in an Appendix 3B

Additional +securities to be quoted in an existing class

ASX +security code and description

SFR : ORDINARY FULLY PAID

Issue date

5/10/2021

Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class? Yes

Issue details

Number of +securities to be quoted

52,802,728

Are the +securities being issued for a cash consideration?

==> picture [9 x 9] intentionally omitted <==

Yes

In what currency is the cash consideration being paid? What is the issue price per +security? AUD - Australian Dollar AUD 5.40000000

Any other information the entity wishes to provide about the +securities to be quoted

The placement is managed and underwritten by Citigroup Global Markets Australia and Macquarie Capital (Australia). Fees payable are: for managing the placement: 1% of the gross proceeds of the placement. For underwriting the placement: 0.8% of gross proceeds of the placement.

The number of SFR ordinary fully paid securities following the placement will be 350,164,533. The discrepancy to Part 4 of this form is due to processing timing of more than one application currently with ASX.

The purpose(s) for which the entity is issuing the securities

To pay for the acquisition of an asset

Please provide additional details

To partially fund the consideration to pay for the acquisition of a 100% interest in Minas de Aguas Tenidas S.A. (MATSA) as detailed in the ASX announcement lodged on 23 September 2021.

Application for quotation of +securities

4 / 7

Application for quotation of +securities

==> picture [21 x 22] intentionally omitted <==

==> picture [540 x 710] intentionally omitted <==

Application for quotation of +securities

5 / 7

Application for quotation of +securities

Part 4 - Issued capital following quotation

==> picture [21 x 22] intentionally omitted <==

Following the quotation of the +securities the subject of this application, the issued capital 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 on ASX following the +quotation of the +securities subject of this application)

	Total number of
ASX +security code and description	+securities on issue
SFR : ORDINARY FULLY PAID	231,054,061
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
SFRAX : OPTION EXPIRING 17-JUL-2026	3,576,336
SFRAA : PERFORMANCE RIGHTS	288,408
SFRAY : ORDINARY FULLY PAID DEFERRED	178,251,333

4.2 Unquoted +securities (total number of each +class of +securities issued but not quoted on ASX)

Application for quotation of +securities

6 / 7

Application for quotation of +securities

==> picture [21 x 22] intentionally omitted <==

Part 5 - Other Listing Rule requirements

5.1 Are the +securities being issued under an exception in Listing Rule 7.2 and therefore the issue does 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?

52,802,728 which includes the 'supersized' 7.1 placement capacity per the ASX waiver granted on 22 September 2021.

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)? N/A

Application for quotation of +securities

7 / 7