TASMAN RESOURCES LTD — Share Issue/Capital Change 2025

May 13, 2025

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

==> picture [21 x 22] intentionally omitted <==

Announcement Summary

Entity name

TASMAN RESOURCES LTD

Date of this announcement

Wednesday May 14, 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 each,	500,000	14/05/2025
to be confirmed	expiring 14 May 2028

Refer to next page for full details of the announcement

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

1 / 6

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

==> picture [21 x 22] intentionally omitted <==

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

14/5/2025

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

2 / 6

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

Part 2 - Issue details

==> picture [21 x 22] intentionally omitted <==

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
25-Mar-2025 17:26	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

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

3 / 6

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

==> picture [21 x 22] intentionally omitted <==

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 14/5/2025

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

Issue of consultant options on terms detailed in Notice of Meeting dated 25 March 2025 and approved by shareholders on 24 April 2025

Issue details

Number of +securities 500,000 Were the +securities issued for a cash consideration? No

Please describe the consideration being provided for the +securities

Issued to a consultant as remuneration and incentive for future performance.

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

4 / 6

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

==> picture [21 x 22] intentionally omitted <==

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 each, expiring 14 May 2028	+Security description Unlisted options exercisable at $0.02 each, expiring 14 May 2028
+Security type	ISIN code
Options
Date the +securities the subject of this notification were issued
14/5/2025
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/20250325/pdf/06gzr6kdsl2z4m.pdf
Options Details
+Security currency	Exercise price	Expiry date
AUD - Australian Dollar	AUD 0.02000000	14/5/2028
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

500,000

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

5 / 6

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

==> picture [21 x 22] intentionally omitted <==

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	161,050,326
TASN : ORDINARY FULLY PAID DEFERRED	184,142,204
TASR : RIGHTS - APPLICATIONS CLOSE 29-MAY-2025 DEFERRED	184,142,204

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
TASAS : OPTION EXPIRING 26-MAY-2028 DEFERRED	92,071,102
TASAA : OPTION EXPIRING 01-JAN-2026 EX $0.025	1,000,000
New class - code to be confirmed : Unlisted options exercisable at $0.02 each, expiring 14	500,000
May 2028

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

6 / 6