4,920,000 Performance Rights of Caspin Resources Limited are subject to a Lock-Up Agreement Ending on 25-NOV-2022. These Performance Rights will be under lockup for 732 days starting from 23-NOV-2020 to 25-NOV-2022.

Details:
Options and performance rights will be subject to ASX escrow for a period of 24 months commencing on the date on which quotation of the Company's Securities commences on ASX. In addition, it is anticipated that the 20,071,922 Shares already on issue in the Company will also not be subject to any ASX imposed escrow restrictions.