VICTORY METALS LIMITED — Capital/Financing Update 2021

Oct 17, 2021

Application for quotation of +securities

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Announcement Summary

Entity name

VICTORY GOLDFIELDS LIMITED

Announcement Type

New announcement

Date of this announcement

Monday October 18, 2021

The +securities to be quoted are:

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+Restricted securities where the escrow period has expired or is about to expire

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
1VG	ORDINARY FULLY PAID	1,983,696	15/10/2020

Refer to next page for full details of the announcement

Application for quotation of +securities

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Application for quotation of +securities

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Part 1 - Entity and announcement details

1.1 Name of entity

VICTORY GOLDFIELDS LIMITED

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

ACN

Registration number

124279750

1.3 ASX issuer code

1VG

1.4 The announcement is

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New announcement

1.5 Date of this announcement

18/10/2021

Application for quotation of +securities

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Application for quotation of +securities

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Part 2 - Type of Issue

2.1 The +securities to be quoted are:

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+Restricted securities where the escrow period has expired or is about to expire

2.2 The +securities to be quoted are:

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Additional +securities in a class that is already quoted on ASX ("existing class")

Application for quotation of +securities

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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 as a result of escrow expiring on an existing class

FROM (Existing Class) ASX +security code and description 1VGAC : ORDINARY FULLY PAID RESTRICTED

TO (Existing Class) ASX +security code and description 1VG : ORDINARY FULLY PAID

Please state the number of +restricted securities where the escrow period has expired or is about to expire 1,983,696

And the date the escrow restrictions have ceased or will cease 16/10/2021

Issue date

15/10/2020

Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class?

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Yes

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Application for quotation of +securities

Issue details

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Number of +securities to be quoted

1,983,696

Are the +securities being issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

Issued prior to the company being admitted to the Official List of ASX. For further details please refer to the prospectus dated 28-06-21 and released on the ASX Platform on 20-07-21.

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted

0.050000

Any other information the entity wishes to provide about the +securities to be quoted

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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:

(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 on ASX following the +quotation of the +securities subject of this application)

	Total number of
ASX +security code and description	+securities on issue
1VG : ORDINARY FULLY PAID	36,816,842

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
1VGAN : OPTION EXPIRING 31-DEC-2022 RESTRICTED	4,833,332
1VGAC : ORDINARY FULLY PAID RESTRICTED	4,192,588
1VGAD : OPTION EXPIRING 31-DEC-2022 EX $0.20	4,620,286
1VGAF : OPTION EXPIRING 20-JUL-2023 RESTRICTED	594,776
1VGAG : OPTION EXPIRING 31-DEC-2022 RESTRICTED	296,382
1VGAH : OPTION EXPIRING 20-JUL-2023 RESTRICTED	4,980,224
1VGAI : OPTION EXPIRING 16-JUL-2024 RESTRICTED	1,533,334
1VGAJ : OPTION EXPIRING 16-JUL-2024 RESTRICTED	1,533,333
1VGAK : OPTION EXPIRING 16-JUL-2024 RESTRICTED	1,533,333
1VGAL : PERFORMANCE SHARES RESTRICTED	476,348
1VGAM : PERFORMANCE SHARES RESTRICTED	4,227,118
1VGAA : ORDINARY FULLY PAID RESTRICTED	1,334,780
1VGAB : ORDINARY FULLY PAID RESTRICTED	4,690,221

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