VOLT RESOURCES LIMITED — Share Issue/Capital Change 2021

Dec 2, 2021

Notification of cessation of +securities

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Announcement Summary

Entity name

VOLT RESOURCES LIMITED

Announcement Type

New announcement

Date of this announcement

Friday December 03, 2021

Details of +securities that have ceased

		Number of
ASX +security		+securities that	The +securities have	Date of
code	Security description	have ceased	ceased due to	cessation
VRCAB	PERFORMANCE RIGHTS	10,000,000	Lapse of conditional right to	03/12/2021
			securities because the
			conditions have not been, or
			have become incapable of
			being, satisfied
VRCAV	CONV NOTES MATURING	776,471	Repayment or redemption of	03/12/2021
	26-JAN-23		+convertible debt security
			without conversion

Refer to next page for full details of the announcement

Notification of cessation of +securities

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Notification of cessation of +securities

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Part 1 - Announcement Details

1.1 Name of +Entity

VOLT RESOURCES LIMITED

We (the entity named above) provide the following information about our issued capital.

1.2 Registered Number Type

ABN

Registration Number 28106353253

1.3 ASX issuer code

VRC

1.4 The announcement is

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New announcement

1.5 Date of this announcement

3/12/2021

Notification of cessation of +securities

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Notification of cessation of +securities

Part 2 - Details of +equity securities or +debt securities that have ceased

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ASX +Security Code and Description

VRCAB : PERFORMANCE RIGHTS

Unquoted +equity securities that have ceased

Number of securities that have ceased

10,000,000

Reason for cessation

Lapse of conditional right to securities because the conditions have not been, or have become incapable of being, satisfied

Date of cessation Is the entity paying any consideration for the cessation? No 3/12/2021

Any other information the entity wishes to notify to ASX about the cessation?

Lapse of performance rights.

ASX +Security Code and Description

VRCAV : CONV NOTES MATURING 26-JAN-23

Unquoted +equity securities that have ceased

Number of securities that have ceased

776,471

Reason for cessation

Repayment or redemption of +convertible debt security without conversion

Date of cessation Is the entity paying any consideration for the cessation? Yes 3/12/2021

In what currency is the consideration Consideration amount per +security paid by the entity for the cessation being paid? USD - US Dollar USD 776,471.000000000000

Any other information the entity wishes to notify to ASX about the cessation?

Notification of cessation of +securities

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Notification of cessation of +securities

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Part 3 - Issued capital following changes

Following the cessation of the +securities the subject of this notification, the issued capital of the entity will comprise:

3.1 Quoted +equity securities and +debt securities (total number of each +class of +securities quoted on ASX)	3.1 Quoted +equity securities and +debt securities (total number of each +class of +securities quoted on ASX)
	Total number of
ASX +security code and description	+securities on issue
VRC : ORDINARY FULLY PAID	2,647,777,155
3.2 Unquoted +equity securities (total number of each +class of +equity securities issued but not quoted on ASX)
	Total number of
ASX +security code and description	+securities on issue
VRCAD : OPTION EXPIRING 15-MAY-2022 EX 1C	55,000,000
VRCAB : PERFORMANCE RIGHTS	0
VRCAU : OPTION EXPIRING 23-OCT-2023 EX $0.022	69,450,002
VRCAW : OPTION EXPIRING 26-JUL-2024 EX $0.05	30,000,000
VRCAX : OPTION EXPIRING 09-SEP-2024 EX $0.05	5,000,000
VRCAY : OPTION EXPIRING 09-SEP-2024 EX $0.0385	4,259,740
VRCAV : CONV NOTES MATURING 26-JAN-23	3,623,529

Note: the figures stated in the tables above are used to calculate the total market capitalisation of the entity published by ASX from time to time. The table will not include those classes of +securities that have ceased or lapsed in their entirety in ASX records before the announcement date described in Q1.5, even if the entity has advised ASX of a change to that class of +security in Part 2 of this form.

Notification of cessation of +securities

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