STRIKE RESOURCES LIMITED — Share Issue/Capital Change 2022

Feb 17, 2022

Announcement Summary

Entity name

STRIKE RESOURCES LIMITED

Date of this announcement

Friday February 18, 2022

The +securities the subject of this notification are:

+Other securities issued under an +employee incentive scheme that 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
New class - codeto be confirmed	Securities Incentive Plan Options ($0.185, 14February 2025)	3,100,000	15/02/2022

Refer to next page for full details of the announcement

Part 1 - Entity and announcement details

1.1 Name of entity

STRIKE 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 ABN

Registration number 94088488724

1.3 ASX issuer code SRK

1.4 The announcement is New announcement

1.5 Date of this announcement

18/2/2022

Part 2 - Issue details

2.1 The +securities the subject of this notification are:

+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

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")

Equity Securities

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 class - code to be confirmed
	Securities Incentive Plan Options ($0.185, 14 February2025)
+Security type	ISIN code
Options
Date the +securities the subject of this notification were issued
15/2/2022
Yes	Will all the +securities issued in this class rank equally in all respects from their issue date?
	Were any of the +securities issued to +key management personnel (KMP) or an +associate?
No
listing rule 6.1?No	Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under
issued.	Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being
Refer:
http://strikeresources.com.au/investor-centre/terms-of-issue/

+Security currency AUD - Australian Dollar Exercise price AUD 0.18500000 Expiry date 14/2/2025

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

Other

Description

Fully paid ordinary shares (ASX:SRK)

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms

Refer Annexure A to the SRK Notice of Annual General Meeting and Explanatory Statement dated 20 October 2020 and released on ASX on 4 November 2020

http://clients3.weblink.com.au/clients/strikeresources2/headline.aspx?headlineid=61057956

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

Issue details

Number of +securities

3,100,000

Equity Securities

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
SRK : ORDINARY FULLY PAID	270,000,000
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
SRKAL : OPTION EXPIRING 30-NOV-2023 EX $0.15	1,000,000
SRKAM : OPTION EXPIRING 03-DEC-2023 EX $0.185	12,000,000
SRKAO : OPTION EXPIRING 03-JUN-2024 EX $0.33	1,000,000
New class - code to be confirmed : Securities Incentive Plan Options ($0.185, 14 February2025)	3,100,000

Equity Securities

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? Yes

5.1a Select the number of the applicable exception in Listing Rule 7.2

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