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TIVAN LIMITED Share Issue/Capital Change 2021

Feb 3, 2021

65967_rns_2021-02-03_45f9b8d6-8961-493f-ad1a-faf992d5a3d9.pdf

Share Issue/Capital Change

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4 February 2021

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ASX ANNOUNCEMENT
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LAPSE OF NED RIGHTS

TNG Limited (ASX: TNG) ("TNG" or the “Company”) hereby advises that 1,400,000 Non-Executive Director (“NED”) Rights issued under the Company’s NED Rights Plan lapsed on 4 February 2021.

The Company’s current capital structure is as follows:

Quoted securities
Fully paid ordinary shares (ASX:TNG) 1,249,497,040
Options (ASX:TNGOB) 124,951,916
Unquoted securities
Performance Rights Class A
NED Rights Class A
4,155,000
210,000
Performance Rights Class B
NED Rights Class B
1,385,000
210,000
Performance Rights Class C
NED Rights Class C
5,540,000
840,000
Performance Rights Class D
NED Rights Class D
5,540,000
840,000
Performance Rights Class E
NED Rights Class E
5,540,000
840,000
Performance Rights Class F
NED Rights Class F
5,540,000
1,260,000

Authorised by:

Paul E Burton Managing Director & CEO

4 February 2021

W www.tngltd.com.au E [email protected]

ASX CODE: TNG ABN 12 000 817 023

REGISTERED OFFICE Suite 20, 22 Railway Road Subiaco, Western Australia 6008

T +61 8 9327 0900 F +61 8 9327 0901

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Inquiries:

Paul E Burton Managing Director & CEO + 61 (0) 8 9327 0900 Jason Giltay Joint Company Secretary + 61 (0) 8 9327 0900 Paula Raffo Joint Company Secretary + 61 (0) 8 9327 0900

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Follow TNG on

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About TNG

TNG is a Perth based resource and mineral processing technology company focussing on building a world-scale strategic metals business based on its flagship 100%-owned Mount Peake Vanadium-Titanium-Iron Project in the Northern Territory. Located 235km north of Alice Springs, Mount Peake will be a long-life project producing a suite of high-quality, high-purity strategic products for global markets including vanadium pentoxide, titanium dioxide pigment and iron ore fines. The project, which is expected to be a top-10 global producer, has received Major Project Facilitation status from the Northern Territory Government.

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