1,000,000 Ordinary Shares of Australasian Gold Limited are subject to a Lock-Up Agreement Ending on 30-APR-2022. These Ordinary Shares will be under lockup for 354 days starting from 11-MAY-2021 to 30-APR-2022. Details: A total of 10,450,000 fully paid ordinary shares classified by ASX as restricted securities will be held in escrow until 12 May 2023, being 24 months from the date of commencement of Official Quotation. A total of 1,000,000 fully paid ordinary shares classified by ASX as restricted securities will be held in escrow until 8 December 2021, being 12 months from the date of issue. A total of 1,000,000 fully paid ordinary shares classified by ASX as restricted securities will be held in escrow until 30 April 2022, being 12 months from the date of issue. A total of 6,000,000 options classified by ASX as restricted securities will be held in escrow until May 12, 2023 being 24 months from the date of commencement of Official Quotation, out of which 5,000,000 options are exercisable at AUD 0.30 on or before 6 May 2023 and 1,000,000 options are exercisable at AUD 0.30 on or before 31 January 2023.