SPECTUR LIMITED — Capital/Financing Update 2021

Nov 2, 2021

Announcement Summary

Entity name

SPECTUR LIMITED

Date of this announcement

Wednesday November 03, 2021

The +securities the subject of this notification are: Other

Total number of +securities to be issued/transferred

ASX +securitycode	Security description	Total number of+securities to beissued/transferred	Issue date
New class - codeto be confirmed	Options exercisable at $0.12 on or before 31December 2023	2,250,000	01/11/2021

Refer to next page for full details of the announcement

Part 1 - Entity and announcement details

1.1 Name of entity

SPECTUR 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 ABN

Registration number 79140151579

1.3 ASX issuer code SP3

1.4 The announcement is

New announcement

1.5 Date of this announcement

3/11/2021

Part 2 - Issue details

2.1 The +securities the subject of this notification are:

Other

Please specify

As per Appendix 3B lodged 27 April 2021

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:

does not have an existing ASX security code ("new class")

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

New +securities

ASX +security code	+Security description
New class - code to be confirmed	Options exercisable at $0.12 on or before 31December 2023

+Security type

ISIN code

Options

Date the +securities the subject of this notification were issued

1/11/2021

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://www.asx.com.au/asxpdf/20210427/pdf/44vw8fktzn9fby.pdf

Options Details

+Security currency AUD - Australian Dollar Exercise price AUD 0.12000000 Expiry date 31/12/2023

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

Other

Equity Securities

Description

SP3 - Fully paid ordinary shares

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

The options are provided as a cost of the Spectur debt facility from EGP Capital

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

The securities which are new securities, the subject of this Appendix 3G, have been previously announced in an Appendix 3B lodged on 27 April 2021, which can be found at the following link: https://www.asx.com.au/asxpdf/20210427/pdf/44vwx j6bbzb744.pdf

Issue details

Number of +securities

2,250,000

Were the +securities issued for a cash consideration? No

Please describe the consideration being provided for the +securities

The options are provided as a cost of the Spectur debt facility from EGP Capital

Purpose of the issue

To pay for services rendered

Additional Details

As consideration for EGP Capital providing Spectur with access to a $1.5 million debt facility.

Part 4 - +Securities on issue

Following the issue, conversion or payment up of the +securities the subject of this application, the +securities ofthe 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 oneapplication for quotation/issuance currently with ASX for processing.)
4.1 Quoted +Securities (Total number of each +class of +securities quoted)
ASX +security code and description	Total number of+securities on issue
SP3 : ORDINARY FULLY PAID	106,305,280
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
SP3AF : PERFORMANCE RIGHTS	8,496,144
SP3AJ : OPTION EXPIRING 30-JUN-2024 EX $0.10	2,200,000
New class - code to be confirmed : Options exercisable at $0.12 on or before 31 December2023	2,250,000

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? Yes

5.2a Date of meeting or proposed meeting to approve the issue under listing rule 7.1 29/10/2021