TURNSTONE RESOURCES LTD — Share Issue/Capital Change 2025

Aug 26, 2025

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

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Announcement Summary

Entity name

SOUTH HARZ POTASH LTD

Date of this announcement

Wednesday August 27, 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 ex $0.09 exp 20 August 2027	15,028,017	20/08/2025
to be confirmed
New class - code	Unlisted Options ex $0.09 exp 20 August 2027	5,755,556	22/08/2025
to be confirmed

Refer to next page for full details of the announcement

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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

SOUTH HARZ POTASH 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 ACN 153414852

1.3 ASX issuer code

SHP

1.4 The announcement is

New announcement

1.5 Date of this announcement

27/8/2025

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

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Part 2 - Issue details

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
19-Jun-2025 09:43	New - Proposed issue of securities -	A placement or other type of issue
	SHP

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 20/8/2025 Any other information the entity wishes to provide about the +securities the subject of this notification

Issue details

Number of +securities 15,028,017 Were the +securities issued for a cash consideration? No Please describe the consideration being provided for the +securities Issued as part of a 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)

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----- Start of picture text -----

ASX +security code +Security description
New class - code to be confirmed Unlisted Options ex $0.09 exp 20 August 2027
+Security type ISIN code
Options
Date the +securities the subject of this notification were issued
20/8/2025
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://southharzpotash.com/investors/asx-announcements/
----- End of picture text -----

Options Details
+Security currency	Exercise price	Expiry date
AUD - Australian Dollar	AUD 0.09000000	20/8/2027

Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option

SHP : ORDINARY FULLY PAID

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

Issue details

Number of +securities

15,028,017

ASX +security code +Security description New class - code to be confirmed Unlisted Options ex $0.09 exp 20 August 2027

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+Security type	ISIN code
Options
Date the +securities the subject of this notification were issued
22/8/2025
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://southharzpotash.com/investors/asx-announcements/
Options Details
+Security currency Exercise price	Expiry date
AUD - Australian Dollar AUD 0.09000000	20/8/2027
Details of the existing class of +security that will be issued upon exercise or conversion of this new class of
company option
SHP : ORDINARY FULLY PAID
Any other information the entity wishes to provide about	the +securities the subject of this notification

Issue details

Number of +securities 5,755,556

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

Part 4 - +Securities on issue

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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
SHP : ORDINARY FULLY PAID	98,114,908
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
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	6,288,715
SHPAAI : OPTION EXPIRING 21-DEC-2026 EX $1.20	233,333
SHPAAH : OPTION EXPIRING 19-DEC-2026 EX $1.20	550,010
SHPAP : OPTION EXPIRING 05-AUG-2026 EX $2.2665	12,805

4.2 Unquoted +securities (Total number of each +class of +securities issued but not quoted on ASX)

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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
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
New class - code to be confirmed : Unlisted Options ex $0.09 exp 20 August 2027	15,028,017
New class - code to be confirmed : Unlisted Options ex $0.09 exp 20 August 2027	5,755,556

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