WIN METALS LTD — Share Issue/Capital Change 2021

Oct 31, 2021

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

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Announcement Summary

Entity name

WIDGIE NICKEL LIMITED

Date of this announcement

Monday November 01, 2021

The +securities the subject of this notification are:

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+Other securities issued under an +employee incentive scheme that 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
WINAJ	OPTION EXPIRING 22-SEP-2024 EX $0.20	350,000	01/11/2021
WINAK	OPTION EXPIRING 22-SEP-2024 EX $0.30	350,000	01/11/2021
WINAL	OPTION EXPIRING 22-SEP-2024 EX $0.40	350,000	01/11/2021

Refer to next page for full details of the announcement

Notification of Issue, Conversion or Payment up of Unquoted E it S iti

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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

WIDGIE NICKEL 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

ABN

Registration number

77648687094

1.3 ASX issuer code

WIN

1.4 The announcement is

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New announcement

1.5 Date of this announcement

1/11/2021

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

Part 2 - Issue details

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2.1 The +securities the subject of this notification are:

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+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

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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has an existing ASX security code ("existing class")

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

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

ASX +security code and description

WINAJ : OPTION EXPIRING 22-SEP-2024 EX $0.20

Date the +securities the subject of this notification were issued

1/11/2021

Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class Yes

Were any of the +securities issued to +key management personnel (KMP) or an +associate? No

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms https://www.widgienickel.com.au/site/PDF/6338e4fe-da2f-4aa8-ad75-e9eeac89c914/EquityIncentivePlan

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

Issue details

Number of +securities

350,000

ASX +security code and description

WINAK : OPTION EXPIRING 22-SEP-2024 EX $0.30

Date the +securities the subject of this notification were issued

1/11/2021

Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class

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

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Yes Were any of the +securities issued to +key management personnel (KMP) or an +associate? No Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms https://www.widgienickel.com.au/site/PDF/6338e4fe-da2f-4aa8-ad75-e9eeac89c914/EquityIncentivePlan Any other information the entity wishes to provide about the +securities the subject of this notification Issue details Number of +securities 350,000 ASX +security code and description WINAL : OPTION EXPIRING 22-SEP-2024 EX $0.40 Date the +securities the subject of this notification were issued 1/11/2021 Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class Yes Were any of the +securities issued to +key management personnel (KMP) or an +associate? No Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms https://www.widgienickel.com.au/site/PDF/6338e4fe-da2f-4aa8-ad75-e9eeac89c914/EquityIncentivePlan Any other information the entity wishes to provide about the +securities the subject of this notification

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

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Issue details

Number of +securities

350,000

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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
WIN : ORDINARY FULLY PAID	250,000,000
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
WINAD : OPTION EXPIRING 22-SEP-2024 RESTRICTED	500,000
WINAA : ORDINARY FULLY PAID RESTRICTED	125,000
WINAE : OPTION EXPIRING 22-SEP-2024 RESTRICTED	2,000,000
WINAF : OPTION EXPIRING 22-SEP-2024 RESTRICTED	2,000,000
WINAG : OPTION EXPIRING 22-SEP-2024 RESTRICTED	4,000,000
WINAB : OPTION EXPIRING 22-SEP-2024 RESTRICTED	500,000
WINAC : OPTION EXPIRING 22-SEP-2024 RESTRICTED	500,000
WINAJ : OPTION EXPIRING 22-SEP-2024 EX $0.20	750,000
WINAK : OPTION EXPIRING 22-SEP-2024 EX $0.30	750,000
WINAL : OPTION EXPIRING 22-SEP-2024 EX $0.40	750,000

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? Yes

5.1a Select the number of the applicable exception in Listing Rule 7.2

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