Sarama Resources Ltd. — Share Issue/Capital Change 2025

Feb 10, 2025

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Announcement Summary

Entity name

SARAMA RESOURCES LTD

Date of this announcement

Tuesday February 11, 2025

The +securities the subject of this notification are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B that are not quoted, and 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	OPTION EXPIRING 30-NOV-2028 EX $0.09	16,666,666	11/02/2025
to be confirmed
New class - code	BROKER OPTIONS EXPIRING 30-NOV-2028	14,000,000	11/02/2025
to be confirmed	EX$0.09

Refer to next page for full details of the announcement

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Appendix 3G - 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

SARAMA RESOURCES LTD

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

1.2 Registered number type Registration number ARBN 143964649

1.3 ASX issuer code

SRR

1.4 The announcement is

New announcement

1.5 Date of this announcement

11/2/2025

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

Part 2 - Issue details

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2.1 The +securities the subject of this notification are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B that are not quoted, and are not intended to be quoted, on ASX

Previous Appendix 3B details:

Announcement Date and	Announcement Title	Selected Appendix 3B to submit quotation
Time		request
21-Nov-2024 09:47	New - Proposed issue of securities -	A placement or other type of issue
	SRR

2.3a.2 Are there any further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B?

No

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Part 3A - number and type of +securities the subject of this notification (existing class or new class) where issue has previously been notified to ASX in an Appendix 3B

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Placement Details
ASX +security code and description
new unquoted class of security
Date the +securities the subject of this notification were issued
11/2/2025
Any other information the entity wishes to provide about the +securities the subject of this notification
Issue details
Number of +securities
16,666,666
Were the +securities issued for a cash consideration?
No
Please describe the consideration being provided for the +securities
Nil
ASX +security code and description
new unquoted class of security
Date the +securities the subject of this notification were issued
11/2/2025
Any other information the entity wishes to provide about the +securities the subject of this notification
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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

Issue details

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Number of +securities

14,000,000 Were the +securities issued for a cash consideration? No

Please describe the consideration being provided for the +securities

Nil

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Part 3C - number and type of +securities the subject of this notification (new class)

ASX +security code New class - code to be confirmed	+Security description OPTION EXPIRING 30-NOV-2028 EX $0.09
+Security type	ISIN code
Options
Date the +securities the subject of this notification were issued
11/2/2025
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?
No
Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being
issued. https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02883631-6A1238713
Options Details
+Security currency	Exercise price Expiry date
AUD - Australian Dollar	AUD 0.09000000 30/11/2028

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

SRR : CHESS DEPOSITARY INTERESTS 1:1

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

Issue details

Number of +securities

16,666,666 ASX +security code +Security description New class - code to be confirmed BROKER OPTIONS EXPIRING 30-NOV-2028 EX$0.09

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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+Security type ISIN code Options Date the +securities the subject of this notification were issued 11/2/2025

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? No Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued. https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02883631-6A1238713

Options Details +Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.09000000 30/11/2028 Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option SRR : CHESS DEPOSITARY INTERESTS 1:1

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

Issue details

Number of +securities 14,000,000

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Appendix 3G - 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 notification, the +securities of the entity will comprise:

The figures in parts 4.1 and 4.2 below are automatically generated and may not reflect the entity's current issued capital if other Appendix 2A, Appendix 3G or Appendix 3H forms are currently with ASX for processing.

4.1 Quoted +securities (Total number of each +class of +securities issued and quoted on ASX)

	Total number of
ASX +security code and description	+securities on issue
SRR : CHESS DEPOSITARY INTERESTS 1:1	259,083,448
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
SRRAN : OPTION EXPIRING 14-JUN-2026 EX $0.15	1,312,180
SRRAA : OPTION EXPIRING 22-APR-2025 RESTRICTED	2,500,000
SRRAO : OPTION EXPIRING 21-JUN-2026 EX $0.15	1,812,820
SRRAQ : OPTION EXPIRING 05-DEC-2026 EX $0.05	7,500,000
SRRAB : ORDINARY FULLY PAID	88,854,367
SRRAP : OPTION EXPIRING 23-JUL-2027 EX $0.03	9,900,000
SRRAM : OPTION EXPIRING 20-APR-2026 EX $0.16	6,809,999
SRRAL : OPTION EXPIRING 13-APR-2026 EX $0.15	6,875,000
New class - code to be confirmed : OPTION EXPIRING 30-NOV-2028 EX $0.09	16,666,666
New class - code to be confirmed : BROKER OPTIONS EXPIRING 30-NOV-2028 EX$0.09	14,000,000

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

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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