Spitfire Materials : Appendix 3B (Expiry)

Appendix 3B

New issue announcement

Rule 2.7, 3.10.3, 3.10.4, 3.10.5

Appendix 3B

New issue announcement,

application for quotation of additional securities

and agreement

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Introduced 01/07/96 Origin: Appendix 5 Amended 01/07/98, 01/09/99, 01/07/00, 30/09/01, 11/03/02, 01/01/03, 24/10/05, 01/08/12, 04/03/13

Name of entity

Bardoc Gold Limited

ABN

40 125 578 743

We (the entity) give ASX the following information.

Part 1 - All issues

You must complete the relevant sections (attach sheets if there is not enough space).

1	+Class of +securities issued or to	1.)	Expiry	of unlisted performance rights -
	be issued		Class F
		2.)	Expiry	of unlisted performance rights -
			Class G
		3.)	Expiry of unlisted options

2

3

Number of +securities issued or to be issued (if known) or maximum number which may be issued

Principal terms of the +securities (e.g. if options, exercise price and expiry date; if partly paid

+securities, the amount outstanding and due dates for payment; if +convertible securities, the conversion price and dates for conversion)

1.) (1,000,000)

2.) (1,000,000)

3.) (13,812,635)

1.) & 2.) Expiry of unlisted performance rights on

16th August 2019

3. ) Expiry of unlisted 11.58c options on 19th August 2019

+ See chapter 19 for defined terms.

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4	Do the +securities rank equally in	N/A
	all respects from the +issue date
	with an existing +class of quoted
	+securities?
	If the additional +securities do
	not rank equally, please state:
	• the date from which they do
	• the extent to which they
	participate	for	the	next
	dividend, (in the case of a
	trust, distribution) or interest
	payment
	• the extent to which they do
	not rank equally, other than in
	relation to the next dividend,
	distribution	or	interest
	payment
5	Issue price or consideration	N/A
6	Purpose of the issue			N/A
	(If issued as consideration for the
	acquisition of	assets,	clearly
	identify those assets)

6a

6b

Is the entity an +eligible entity Yes that has obtained security holder approval under rule 7.1A?

If Yes, complete sections 6b - 6h in relation to the +securities the subject of this Appendix 3B, and comply with section 6i

The date the security holder 28 November 2018 resolution under rule 7.1A was

passed

6c

6d

Number of +securities issued N/A without security holder approval under rule 7.1

Number of +securities issued N/A with security holder approval under rule 7.1A

+ See chapter 19 for defined terms.

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6e	Number of +securities issued	N/A
	with security holder approval
	under rule 7.3, or another specific
	security holder approval (specify
	date of meeting)

6f

6g

6h

Number of +securities issued N/A under an exception in rule 7.2

If +securities issued under rule N/A 7.1A, was issue price at least 75%

of 15 day VWAP as calculated under rule 7.1A.3? Include the

+issue date and both values. Include the source of the VWAP calculation.

If +securities were issued under	N/A
rule	7.1A	for	non-cash
consideration,	state	date on
which valuation of consideration
was released to ASX Market
Announcements

6i	Calculate the entity's remaining	Rule 7.1 - 161,920,281
	issue capacity under rule 7.1 and
	rule 7.1A - complete Annexure 1	Rule 7.1A - 121,062,695
	and release to ASX Market
	Announcements
	+Issue dates
7	N/A
	Note: The issue date may be prescribed by ASX
	(refer to the definition of issue date in rule
	19.12). For example, the issue date for a pro
	rata entitlement issue must comply with the
	applicable timetable in Appendix 7A.
	Cross reference: item 33 of Appendix 3B.

					Number	+Class
8	Number	and +class	of	all	1,226,300,721	Fully paid ordinary
	+securities	quoted	on	ASX		shares
	(including the +securities in
	section 2 if applicable)

+ See chapter 19 for defined terms.

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9 Number and +class of all +securities not quoted on ASX (including the

+securities in section 2 if applicable)

10 Dividend policy (in the case of a trust, distribution policy) on the increased capital (interests)

Number +Class

650,000 45c November 2019 Share options

18,000,000 16c March 2021 Share options

3,000,000 16c May 2020 Share options

7,900,000 16c March 2021 Share Options

4,000,000 5c February 2021 Share Options

4,000,000 Class A Performance Rights (Vested)

5,000,000 Class B Performance Rights (Vested)

1,650,000 Class C Performance Rights

1,650,000 Class D Performance Rights

8,000,000 Class E Performance Rights

21,300,000 Class F Performance Rights

20,300,000 Class G Performance Rights

N/A

Part 2 - Pro rata issue

• 1. Is security holder approval required?
  2. Is the issue renounceable or non- renounceable?
  3. Ratio in which the +securities will be offered
  4. +Class of +securities to which the offer relates
  5. +Record date to determine entitlements
  6. Will holdings on different registers (or subregisters) be aggregated for calculating entitlements?
  7. Policy for deciding entitlements in relation to fractions
• See chapter 19 for defined terms.

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18 Names of countries in which the entity has security holders who will not be sent new offer documents

Note: Security holders must be told how their entitlements are to be dealt with.

Cross reference: rule 7.7.

• 1. Closing date for receipt of acceptances or renunciations
  2. Names of any underwriters
  3. Amount of any underwriting fee or commission
  4. Names of any brokers to the issue
  5. Fee or commission payable to the broker to the issue
  6. Amount of any handling fee payable to brokers who lodge acceptances or renunciations on behalf of security holders
  7. If the issue is contingent on security holders' approval, the date of the meeting
  8. Date entitlement and acceptance form and offer documents will be sent to persons entitled
  9. If the entity has issued options, and the terms entitle option holders to participate on exercise, the date on which notices will be sent to option holders
  10. Date rights trading will begin (if applicable)
  11. Date rights trading will end (if applicable)
• See chapter 19 for defined terms.

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