TASMAN RESOURCES LTD — Share Issue/Capital Change 2025

Dec 10, 2025

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Announcement Summary

Entity name

TASMAN RESOURCES LTD

Date of this announcement

Thursday December 11, 2025

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

		Total number of
ASX +security		+securities to be
code	Security description	issued/transferred	Issue date
New class - code	Unlisted options, exercisable at $0.02, expiring 14	120,000,000	11/12/2025
to be confirmed	June 2028

Refer to next page for full details of the announcement

Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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Appendix 3G - 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

TASMAN RESOURCES LTD

We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.

1.2 Registered number type Registration number ABN 85009253187

1.3 ASX issuer code

TAS

1.4 The announcement is

New announcement

1.5 Date of this announcement

11/12/2025

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

Part 2 - Issue details

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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 and	Announcement Title	Selected Appendix 3B to submit quotation
Time		request
21-Oct-2025 09:41	New - Proposed issue of securities -	A placement or other type of issue
	TAS

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

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Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities

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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

new unquoted class of security

Date the +securities the subject of this notification were issued

11/12/2025

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

80,000,000 options attaching to placement shares on 1 for 2 basis, and 40,000,000 lead manager options, approved by shareholders on 28 November 2025

Issue details

Number of +securities

120,000,000

Were the +securities issued for a cash consideration?

No

Please describe the consideration being provided for the +securities

Placement options are attaching to placement shares for nil consideration. Lead manager options are partial consideration for lead manager services in relation to the placement

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Appendix 3G - 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)

ASX +security code New class - code to be confirmed	+Security description Unlisted options, exercisable at $0.02, expiring 14 June 2028	+Security description Unlisted options, exercisable at $0.02, expiring 14 June 2028
+Security type	ISIN code
Options
Date the +securities the subject of this notification were issued
11/12/2025
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. https://announcements.asx.com.au/asxpdf/20251029/pdf/06r72pbvyrc8hz.pdf
Options Details
+Security currency	Exercise price	Expiry date
AUD - Australian Dollar	AUD 0.02000000	14/6/2028
Details of the existing class of +security that will be issued upon exercise or conversion of this new class of
company option
TAS : ORDINARY FULLY PAID

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

Issue details

Number of +securities

120,000,000

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Part 4 - +Securities on issue

Following the issue, conversion or payment up of the +securities the subject of this notification, the +securities of the entity will comprise:

The figures in parts 4.1 and 4.2 below are automatically generated and may not reflect the entity's current issued capital if other Appendix 2A, Appendix 3G or Appendix 3H forms are currently with ASX for processing.

4.1 Quoted +securities (Total number of each +class of +securities issued and quoted on ASX)

	Total number of
ASX +security code and description	+securities on issue
TAS : ORDINARY FULLY PAID	347,352,749

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
TASAT : OPTION EXPIRING 14-MAY-2028 EX $0.02	500,000
TASAS : OPTION EXPIRING 05-JUN-2028 EX $0.05	47,605,088
TASAB : PERFORMANCE RIGHTS	36,000,000
TASAA : OPTION EXPIRING 01-JAN-2026 EX $0.125	200,000
New class - code to be confirmed : Unlisted options, exercisable at $0.02, expiring 14 June	120,000,000
2028

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