STELLAR RESOURCES LIMITED — Share Issue/Capital Change 2022

Sep 29, 2022

Announcement Summary

Entity name

STELLAR RESOURCES LIMITED

Announcement Type

New announcement

Date of this announcement

Friday September 30, 2022

The +securities to be quoted are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B

Total number of +securities to be quoted

ASX +securitycode	Security description	Number of +securities tobe quoted	Issue date
SRZ	ORDINARY FULLY PAID	39,433,282	30/09/2022

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) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules.

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

30/9/2022

Part 2 - Type of Issue

2.1 The +securities to be quoted are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B

Previous Appendix 3B details:

Announcement Date andTime	Announcement Title	Selected Appendix 3B to submit quotationrequest
28-Sep-2022 14:32	Update - Update - Proposed issue ofsecurities - SRZ	An offer of +securities under a +securitiespurchase plan

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?

Yes

2.3a.3 Please provide details of the further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B

Investors under the Placement and eligible shareholders under the SPP to be offered one free attaching option for every two new Shares subscribed which will be subject to shareholder approval in November 2022.

Part 3A - number and type of +securities to be quoted where issue has previously been notified to ASX in an Appendix 3B

Corporate Action Component Detail

ASX +security code and description

SRZ : ORDINARY FULLY PAID

Issue date

30/9/2022

Distribution Schedule

Provide a distribution schedule for the new +securities according to the categories set out in the left hand column including the number of recipients and the total percentage of the new +securities held by the recipients in each category.

Number of +securities held	Number of holders	Total percentage of +securities heldFor example, to enter a value of 50%please input as 50.00
1 - 1,000		%
1,001 - 5,000		%
5,001 - 10,000		%
10,001 - 100,000		%
100,001 and over		%

Issue details

Number of +securities to be quoted

39,433,282

Issue currency

Issue price or consideration per +security

AUD - Australian Dollar

AUD 0.01500000

Any other information the entity wishes to provide about the +securities to be quoted

Investors under the Placement and eligible shareholders under the SPP to be offered one free attaching option for every two new Shares subscribed which will be subject to shareholder approval in November 2022.

Part 4 - Issued capital following quotation

Following the quotation of the +securities the subject of this application, the issued capital 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 on ASX following the +quotation of the +securities subject of this application)

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 27,800,000