XENORA MINERALS LTD — Share Issue/Capital Change 2021

Nov 1, 2021

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

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Announcement Summary

Entity name

TODD RIVER RESOURCES LIMITED

Date of this announcement

Tuesday November 02, 2021

The +securities the subject of this notification are:

+Securities issued under an +employee incentive scheme that are subject to a restriction on transfer and are not being quoted on ASX until the restriction ends

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	9,000,000	02/11/2021
to be confirmed

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

TODD RIVER RESOURCES 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

45600308398

1.3 ASX issuer code

TRT

1.4 The announcement is

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New announcement

1.5 Date of this announcement

2/11/2021

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Part 2 - Issue details

2.1 The +securities the subject of this notification are:

+Securities issued under an +employee incentive scheme that are subject to a restriction on transfer and are not being quoted on ASX until the restriction ends

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

New +securities issued under an +employee incentive scheme

ASX +security code New class - code to be confirmed	+Security description Unlisted Options
+Security type	ISIN code
Options

Date the +securities the subject of this notification were issued 2/11/2021

Will all the +securities issued in this class rank equally in all respects from their issue date? Yes

Were any of the +securities issued to +key management personnel (KMP) or an +associate? Yes

Provide details of the KMP or +associates being issued +securities.

Name of KMP	Name of registered holder	Number of +securities
Edward Fry	Edward John Fry	1,500,000
William Dix	William Robert Dix	1,500,000
Mark Bennett	Mark Anthony Bennett	1,500,000
Stuart Crow	Ainsley Ruth Williams	1,500,000
Su-Mei Sain	Mark Sain	1,500,000

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.

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

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Options Details

+Security currency AUD - Australian Dollar

Exercise price Expiry date AUD 0.10700000 2/11/2024

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

Other

Description

TRT Ordinary Shares

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://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02157691-6A949130?access_token=83 ff96335c2d45a094df02a206a39ff4

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

Issues to Edward Fry, William Dix, Mark Bennett and Stuart Crow following shareholder approval at AGM Issue to Su-Mei Sain issued without shareholder approval on appointment as a director - refer ASX announcement 2 November 2021

Issue details

Number of +securities

9,000,000

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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
TRT : ORDINARY FULLY PAID	557,998,367
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
TRTAE : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	11,000,000
TRTAH : OPTION EXPIRING 27-OCT-2022 EX $0.06	63,716,599
TRTAG : OPTION EXPIRING 03-SEP-2023 EX 6.1C	21,000,000
TRTAF : OPTION EXPIRING 15-NOV-2022 EX 11.2C	2,870,000
TRTAJ : OPTION EXPIRING 28-SEP-2024 EX $0.085	2,000,000
TRTAI : OPTION EXPIRING 29-APR-2024 EX $0.126	523,000
New class - code to be confirmed : Unlisted Options	9,000,000

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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