SUNSTONE METALS LTD — Share Issue/Capital Change 2021

Oct 31, 2021

Announcement Summary

Entity name SUNSTONE METALS LTD

Announcement Type

New announcement

Date of this announcement

Monday November 01, 2021

Details of +securities that have ceased

ASX +securitycode	Security description	Number of+securities thathave ceased	The +securities haveceased due to	Date ofcessation
STMAS	PERFORMANCE RIGHT	3,251,432	Lapse of conditional right tosecurities because theconditions have not been, orhave become incapable ofbeing, satisfied	07/09/2021

Refer to next page for full details of the announcement

Part 1 - Announcement Details

1.1 Name of +Entity

SUNSTONE METALS LTD

We (the entity named above) provide the following information about our issued capital.

1.2 Registered Number Type

ABN

Registration Number 68123184412

1.3 ASX issuer code STM

1.4 The announcement is

New announcement

1.5 Date of this announcement

1/11/2021

Part 2 - Details of +equity securities or +debt securities that have ceased

ASX +Security Code and Description

STMAS : PERFORMANCE RIGHT

Unquoted +equity securities that have ceased

Number of securities that have ceased

3,251,432

Reason for cessation

Lapse of conditional right to securities because the conditions have not been, or have become incapable of being, satisfied

Is the entity paying any consideration for the cessation? No

7/9/2021

Any other information the entity wishes to notify to ASX about the cessation?

Part 3 - Issued capital following changes

Following the cessation of the +securities the subject of this notification, the issued capital of the entity will comprise:

3.1 Quoted +equity securities and +debt securities (total number of each +class of +securities quoted on ASX)

ASX +security code and description	Total number of+securities on issue
STM : ORDINARY FULLY PAID	2,209,987,646

3.2 Unquoted +equity securities (total number of each +class of +equity securities issued but not quoted on ASX)

ASX +security code and description	Total number of+securities on issue
STMAS : PERFORMANCE RIGHT	45,020,309
STMAL : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	8,300,000

Note: the figures stated in the tables above are used to calculate the total market capitalisation of the entity published by ASX from time to time. The table will not include those classes of +securities that have ceased or lapsed in their entirety in ASX records before the announcement date described in Q1.5, even if the entity has advised ASX of a change to that class of +security in Part 2 of this form.