VHM LIMITED — Share Issue/Capital Change 2023

Oct 8, 2023

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Announcement Summary

Entity name

VHM LIMITED

Date of this announcement

Monday October 09, 2023

The +securities the subject of this notification are: Other

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 $0.90 expiring 9 2,000,000 09/10/2023 to be confirmed October 2025

Refer to next page for full details of the announcement

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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

VHM LIMITED

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

1.2 Registered number type

ACN

Registration number

601004102

1.3 ASX issuer code

VHM

1.4 The announcement is

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New announcement

1.5 Date of this announcement

9/10/2023

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Part 2 - Issue details

2.1 The +securities the subject of this notification are:

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Other

Please specify

See appendix 3B 17 August 2023

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:

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does not have an existing ASX security code ("new class")

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Part 3C - number and type of +securities the subject of this notification (new class) where issue has not previously been notified to ASX in an Appendix 3B

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New +securities
ASX +security code +Security description
New class - code to be confirmed Unlisted options exercisable at $0.90 expiring 9 October
2025
+Security type ISIN code
Options
Date the +securities the subject of this notification were issued
9/10/2023
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://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02698257-6A1163502?access_token=8
3ff96335c2d45a094df02a206a39ff4
Options Details
+Security currency Exercise price Expiry date
AUD - Australian Dollar AUD 0.90000000 9/10/2025
Details of the existing class of +security that will be issued upon exercise or conversion of this new class of
company option
Other
Description
VHM
Any other information the entity wishes to provide about the +securities the subject of this notification
See Appendix 3B 17 August 2023
Please provide any further information needed to understand the circumstances in which you are notifying the
issue of these +securities to ASX, including why the issue of the +securities has not been previously announced to
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the market in an Appendix 3B

See Appendix 3B 17 August 2023

Issue details

Number of +securities

2,000,000

Were the +securities issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

Corporate Advisory fee

Purpose of the issue

To pay for services rendered

Additional Details

See ASX release 17 August 2023

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Part 4 - +Securities on issue

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

(A discrepancy in these figures compared to your own may be due to a matter of timing if there is more than one application for quotation/issuance currently with ASX for processing.)

4.1 Quoted +Securities (Total number of each +class of +securities quoted)

	Total number of
ASX +security code and description	+securities on issue
VHM : ORDINARY FULLY PAID	153,916,125
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
VHMAE : OPTION EXPIRING 19-MAY-2027 EX NIL	1,806,840
VHMAF : OPTION EXPIRING 31-DEC-2024 RESTRICTED	634,375
VHMAG : OPTION EXPIRING 31-JUL-2025 RESTRICTED	1,000,000
VHMAD : ORDINARY FULLY PAID RESTRICTED	49,396,412
VHMAM : OPTION EXPIRING 28-FEB-2026 EX NIL	203,452
VHMAH : OPTION EXPIRING 28-FEB-2026 RESTRICTED	423,938
VHMAI : OPTION EXPIRING 19-MAY-2027 RESTRICTED	1,097,917
VHMAO : OPTION EXPIRING 01-AUG-2025 EX $2.16	1,563,593
VHMAN : OPTION EXPIRING 01-AUG-2025 EX $1.89	1,563,593
New class - code to be confirmed : Unlisted options exercisable at $0.90 expiring 9 October	2,000,000
2025

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

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Part 5 - Other Listing Rule requirements

5.1 Were the +securities issued under an exception in Listing Rule 7.2 and therefore the issue did not need any security holder approval under Listing Rule 7.1? No

5.2 Has the entity obtained, or is it obtaining, +security holder approval for the issue under listing rule 7.1? No

5.2b Are any of the +securities being issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1? Yes

5.2b.1 How many +securities are being issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1?

2,000,000

5.2c Are any of the +securities being issued without +security holder approval using the entity's additional 10% placement capacity under listing rule 7.1A (if applicable)? N/A

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