Sarama Resources Ltd. — Share Issue/Capital Change 2024

Jan 1, 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

2/1/2024

Part 2 - Details of CDIs and other securities on issue

2.1 Statement for month and year
December-2023
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)	Total number of CDIs quoted on ASXat end of previous month (B)	Net Difference (A-B)2,791,897
77,221,091	74,429,194
Reason for change:
Net transfers of securities between CDIs and	Common share
as quoted / held on	TSXV
Appendix 2A of the ASX Listing Rules.	If the total number of CDIs quoted on ASX at the end of the statement month (A), is greater than the total number of CDIsfor which the entity has previously paid an initial listing fee or an additional listing fee under Table 1A and 1C of GuidanceNote 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 DescriptionSRRAB : ORDINARY FULLY PAID
Total number of securities at end ofstatement month (A)	Total number of securities at end ofprevious month (B)	Net Difference (A-B)
	106,992,975	-2,791,897
104,201,078Reason for change:

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)

Total number of securities at end ofstatement month (A)	Total number of securities at end ofprevious month (B)
3,158,336	3,158,336
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 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 Description
SRRAI : 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
SRRAL : 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)
6,875,000	6,875,000	0
ASX +Security Code and Description
SRRAM : OPTION EXPIRING 20-APR-2026 EX $0.16
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
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)

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