STELLAR RESOURCES LIMITED — Share Issue/Capital Change 2022

Nov 10, 2022

Announcement Summary

Entity name

STELLAR RESOURCES LIMITED

Date of this announcement

Friday November 11, 2022

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

ASX +securitycode	Security description	Total number of+securities to beissued/transferred	Issue date
SRZAA	OPTION EXPIRING VARIOUS DATES EXVARIOUS PRICES	19,716,635	11/11/2022

Refer to next page for full details of the announcement

Part 1 - Entity and announcement details

1.1 Name of entity

STELLAR RESOURCES 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

ACN

Registration number

108758961

1.3 ASX issuer code SRZ

1.4 The announcement is

New announcement

1.5 Date of this announcement

11/11/2022

Part 2 - Issue details

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 andTime	Announcement Title	Selected Appendix 3B to submit quotationrequest
28-Sep-2022 14:32	Update - Update - Proposed issue of	A placement or other type of issue
	securities - SRZ

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

Equity Securities

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

Placement Details

ASX +security code and description

SRZAA : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES

Date the +securities the subject of this notification were issued

11/11/2022

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

N/A

Issue details

Number of +securities

19,716,635

Were the +securities issued for a cash consideration? No

Please describe the consideration being provided for the +securities

Eligible shareholders under the SPP to be offered one free attaching option for every two new Shares subscribed as approved by shareholders on 8.11.2022

Part 4 - +Securities on issue

Following the issue, conversion or payment up of the +securities the subject of this application, the +securities 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)

ASX +security code and description	Total number of+securities on issue
SRZ : ORDINARY FULLY PAID	1,004,630,908

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

SRZAA : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES 47,516,635

Notification of Issue, Conversion or Payment up of Unquoted 5 / 5

Equity Securities