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TURNSTONE RESOURCES LTD — Capital/Financing Update 2025
Oct 21, 2025
65958_rns_2025-10-21_46f2e09c-b004-4ea6-97f9-879fe74bf041.pdf
Capital/Financing Update
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Appendix 2A - Application for quotation of securities
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Announcement Summary
Entity name
SOUTH HARZ POTASH LTD
Announcement Type
New announcement
Date of this announcement
Wednesday October 22, 2025
The +securities to be quoted are: Other
Please refer to the response to Q2.3d for further information about the type of securities to be quoted and the circumstances of the issue.
Proposed issue was previously advised in an App 3B on 19 June 2025 and amended on 8 July 2025 as part of an Entitlements Offer. Share consolidation has now occurred and the issue price has changed from $0.003 to $0.045
Total number of +securities to be quoted
| ASX +security | Number of +securities to | ||
|---|---|---|---|
| code | Security description | be quoted | Issue date |
| SHP | ORDINARY FULLY PAID | 222,222 | 22/10/2025 |
Refer to next page for full details of the announcement
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Appendix 2A - Application for quotation of securities
Part 1 - Entity and announcement details
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1.1 Name of entity
SOUTH HARZ POTASH LTD
We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules.
1.2 Registered number type
Registration number
ACN 153414852
1.3 ASX issuer code
SHP
1.4 The announcement is
New announcement
1.5 Date of this announcement
22/10/2025
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Appendix 2A - Application for quotation of securities
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Part 2 - Type of Issue
2.1 The +securities to be quoted are:
Other
Please refer to the response to Q2.3d for further information about the type of securities to be quoted and the circumstances of the issue.
2.2 The +class of +securities to be quoted is:
Additional +securities in a class that is already quoted on ASX ("existing class")
2.3c Have these +securities been offered under a +disclosure document or +PDS?
Yes
2.3c.1 Date of +disclosure document or +PDS?
30/6/2025
- 2.3d Please provide any further information needed to understand the circumstances in which you are applying to have these +securities quoted on ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B
Proposed issue was previously advised in an App 3B on 19 June 2025 and amended on 8 July 2025 as part of an Entitlements Offer. Share consolidation has now occurred and the issue price has changed from $0.003 to $0.045
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Appendix 2A - Application for quotation of securities
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Part 3B - number and type of +securities to be quoted (existing class) where issue has not previously been notified to ASX in an Appendix 3B
| Additional +securities to be quoted in an existing class | |
|---|---|
| ASX +security code and description | |
| SHP : ORDINARY FULLY PAID | |
| Issue date | |
| 22/10/2025 | |
| Will the +securities to be quoted rank equally in all respects from their issue date with the | |
| existing issued +securities in that class? | |
| Yes | |
| Issue details | |
| Number of +securities to be quoted | |
| 222,222 | |
| Are the +securities being issued for a cash consideration? | |
| Yes | |
| In what currency is the cash consideration being paid? | What is the issue price per +security? |
| AUD - Australian Dollar | AUD 0.04500000 |
| Any other information the entity wishes to provide about the +securities to be quoted The purpose(s) for which the entity is issuing the securities |
To raise additional working capital
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Appendix 2A - Application for quotation of securities
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Appendix 2A - Application for quotation of securities
Part 4 - Issued capital following quotation
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Following the quotation of the +securities the subject of this application, the issued capital 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 quoted on ASX following the +quotation of the +securities subject of this application)
+securities subject of this application) |
|
|---|---|
| Total number of | |
| ASX +security code and description | +securities on issue |
| SHP : ORDINARY FULLY PAID | 128,104,283 |
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 |
| SHPAA : OPTION EXPIRING 23-NOV-2025 EX $1.35 | 224,444 |
| SHPAAC : OPTION EXPIRING 10-AUG-2026 EX $1.20 | 1,706,823 |
| SHPAD : OPTION EXPIRING 19-JUN-2029 EX $0.09 | 333,333 |
| SHPAS : OPTION EXPIRING 30-MAR-2027 EX $2.409 | 158,799 |
| SHPAAF : OPTION EXPIRING 24-NOV-2026 EX $1.20 | 91,667 |
| SHPAAL : OPTION EXPIRING 20-AUG-2027 EX $0.09 | 41,567,146 |
| SHPAAD : OPTION EXPIRING 21-AUG-2027 EX $0.96 | 66,667 |
| SHPAAJ : PERFORMANCE RIGHTS | 3,233,334 |
| SHPAAA : OPTION EXPIRING 01-JAN-2028 EX $0.99 | 200,000 |
| SHPAAB : OPTION EXPIRING 01-JAN-2028 EX $1.32 | 200,000 |
| SHPAK : OPTION EXPIRING 27-MAY-2026 EX $3.045 | 307,107 |
| SHPAAE : OPTION EXPIRING 31-OCT-2028 EX $0.84 | 1,887,668 |
| SHPAAK : OPTION EXPIRING 31-JUL-2027 EX $0.09 | 7,399,827 |
| SHPAAI : OPTION EXPIRING 21-DEC-2026 EX $1.20 | 233,333 |
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Appendix 2A - Application for quotation of securities
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| Appendix 2A - Application for quotation of securities | |
|---|---|
| SHPAAH : OPTION EXPIRING 19-DEC-2026 EX $1.20 | 550,010 |
| SHPAP : OPTION EXPIRING 05-AUG-2026 EX $2.2665 | 12,805 |
| SHPAW : OPTION EXPIRING 31-OCT-2027 EX $1.635 | 133,333 |
| SHPAX : OPTION EXPIRING 31-OCT-2027 EX $2.04 | 133,333 |
| SHPAY : OPTION EXPIRING 30-SEP-2027 EX $1.80 | 187,866 |
| SHPAZ : OPTION EXPIRING 10-NOV-2027 EX $2.25 | 308,201 |
| SHPAT : OPTION EXPIRING 17-OCT-2026 EX $1.845 | 66,667 |
| SHPAU : OPTION EXPIRING 31-OCT-2027 EX $0.825 | 133,333 |
| SHPAV : OPTION EXPIRING 31-OCT-2027 EX $1.23 | 133,333 |
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Appendix 2A - Application for quotation of securities
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Part 5 - Other Listing Rule requirements
5.1 Are the +securities being issued under an exception in Listing Rule 7.2 and therefore the issue does 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
1
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