Sarama Resources Ltd. — Share Issue/Capital Change 2024

Jan 31, 2024

Part 1 - Entity and announcement details

1.1 Name of +Entity

SARAMA RESOURCES LTD

1.2 Registered Number Type ARBN

Registration Number 143964649

1.3 ASX issuer code SRR

1.4 The announcement is New announcement

1.5 Date of this announcement

1/2/2024

Part 2 - Details of CDIs and other securities on issue

2.1 Statement for month and yearJanuary-2024
2.2a Number and class of all ASX-quoted CDIs on issue
ASX +Security Code and Description		CDI Ratio
SRR : CHESS DEPOSITARY INTERESTS 1:1		1:1
Total number of CDIs quoted on ASXat end of statement month (A)79,167,091	Total number of CDIs quoted on ASXat end of previous month (B)77,221,091	Net Difference (A-B)1,946,000
Reason for change:
Net transfers of securities between CDIs and	Common share
as quoted / held on	TSXV

Appendix 2A of the ASX Listing Rules.

Note 15A (C), the entity hereby applies for +quotation of the difference (A - C) and agrees to the matters set out in

2.2b Number and class of all issued securities not represented by CDIs quoted on ASX

ASX +Security Code and Description

SRRAB : ORDINARY FULLY PAID

Total number of securities at end of	Total number of securities at end of	Net Difference (A-B)
statement month (A)	previous month (B)	-1,946,000
102,255,078	104,201,078

Reason for change:

Net Transfer of securities between CDIs and Common Shares as quoted/held on TSXV

ASX +Security Code and Description

SRRAA : OPTION EXPIRING 22-APR-2025 RESTRICTED

Total number of securities at end of	Total number of securities at end of	Net Difference (A-B)
statement month (A)	previous month (B)	0
2,500,000	2,500,000

ASX +Security Code and Description

SRRAE : OPTION EXPIRING 14-JAN-2024 EX CAD $0.35

Net Difference (A-B) -3,158,336

Total number of securities at end ofstatement month (A)	Total number of securities at end ofprevious month (B)
0	3,158,336
Reason for change:
Expiry of Options
ASX +Security Code and Description
SRRAF : WARRANTS EXPIRING 23-MAY-2024 EX CAD $0.30
Total number of securities at end ofstatement month (A)	Total number of securities at end ofprevious month (B)	Net Difference (A-B)0
833,333	833,333
ASX +Security Code and Description
SRRAG : WARRANTS EXPIRING 23-MAY-2024 EX CAD $0.60
Total number of securities at end ofstatement month (A)	Total number of securities at end ofprevious month (B)	Net Difference (A-B)0
833,333	833,333
ASX +Security Code and DescriptionSRRAI : OPTION EXPIRING 19-JAN-2025 EX CAD $0.20
Total number of securities at end ofstatement month (A)	Total number of securities at end ofprevious month (B)	Net Difference (A-B)0
2,721,665	2,721,665
ASX +Security Code and Description
SRRAH : WARRANTS EXPIRING 28-JUL-2024 EX CAD $0.28
Total number of securities at end ofstatement month (A)	Total number of securities at end ofprevious month (B)	Net Difference (A-B)0
4,863,517	4,863,517
ASX +Security Code and DescriptionSRRAL : OPTION EXPIRING 13-APR-2026 EX $0.15
Total number of securities at end ofstatement month (A)	Total number of securities at end ofprevious month (B)	Net Difference (A-B)0
6,875,000	6,875,000
ASX +Security Code and Description
SRRAM : OPTION EXPIRING 20-APR-2026 EX $0.16
Total number of securities at end ofstatement month (A)	Total number of securities at end ofprevious month (B)	Net Difference (A-B)0
6,809,999	6,809,999

ASX +Security Code and Description

SRRAN : OPTION EXPIRING 14-JUN-2026 EX $0.15

Total number of securities at end of	Total number of securities at end of	Net Difference (A-B)
statement month (A)	previous month (B)	0
1,312,180	1,312,180

ASX +Security Code and Description

SRRAO : OPTION EXPIRING 21-JUN-2026 EX $0.15

Total number of securities at end of	Total number of securities at end of	Net Difference (A-B)
statement month (A)	previous month (B)	0
1,812,820	1,812,820