STRATA MINERALS LIMITED. — Share Issue/Capital Change 2021

Jun 17, 2021

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Announcement Summary

Entity name

NICKELX LIMITED

Date of this announcement

Friday June 18, 2021

The +securities the subject of this notification are: Other

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 UNLISTED OPTIONS EXERCISABLE $0.25 2,000,000 18/06/2021 to be confirmed EACH AND EXPIRING 18-JUN-2025

Refer to next page for full details of the announcement

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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

NICKELX 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

52631513696

1.3 ASX issuer code

NKL

1.4 The announcement is

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New announcement

1.5 Date of this announcement

18/6/2021

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Part 2 - Issue details

2.1 The +securities the subject of this notification are:

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Other

Please specify

New class-code to be confirmed - UNLISTED OPTIONS EXERCISABLE $0.25 EACH AND EXPIRING 18-JUN-2025

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

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

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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) 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 UNLISTED OPTIONS EXERCISABLE $0.25 EACH AND EXPIRING 18-JUN-2025 +Security type ISIN code Options Date the +securities the subject of this notification were issued 18/6/2021 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.

Options Details +Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.25000000 15/6/2024 Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option Other Description NKL : ORDINARY FULLY PAID Any other information the entity wishes to provide about the +securities the subject of this notification

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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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 N/A refer to Appendix 3B lodged with ASX on 15 June 2021 Issue details Number of +securities 2,000,000 Were the +securities issued for a cash consideration? Yes In what currency was the cash consideration being What was the issue price per +security? paid? AUD - Australian Dollar AUD 0.00010000 Purpose of the issue To pay for services rendered Additional Details Further to Appendix 3B previously lodged, expiry date of options corrected to 18 June 2025.

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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 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)

	Total number of
ASX +security code and description	+securities on issue
NKL : ORDINARY FULLY PAID	53,500,000
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
NKLAA : ORDINARY FULLY PAID RESTRICTED	350,000
NKLAB : ORDINARY FULLY PAID RESTRICTED	1,500,000
NKLAC : ORDINARY FULLY PAID RESTRICTED	6,750,000
NKLAD : ORDINARY FULLY PAID RESTRICTED	6,500,004
NKLAF : OPTION EXPIRING 29-APR-2026 RESTRICTED	2,250,000
NKLAG : OPTION EXPIRING 29-APR-2026 RESTRICTED	2,250,000
NKLAH : OPTION EXPIRING 29-APR-2026 RESTRICTED	2,250,000
NKLAE : OPTION EXPIRING 29-APR-2025 RESTRICTED	2,400,000
New class - code to be confirmed : UNLISTED OPTIONS EXERCISABLE $0.25 EACH AND	2,000,000
EXPIRING 18-JUN-2025

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

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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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? No

5.2b Are any of the +securities being issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1? Yes

5.2b.1 How many +securities are being issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1?

2,000,000

5.2c Are any of the +securities being issued without +security holder approval using the entity's additional 10% placement capacity under listing rule 7.1A (if applicable)? No

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