Comet Ridge : Notification regarding unquoted securities - COI

Notification of Issue, Conversion or Payment up of Unquoted Equity SecuritiesAnnouncement Summary

Entity name

For personal use only

COMET RIDGE LIMITED

Date of this announcement Thursday March 31, 2022

The +securities the subject of this notification are:Other

Total number of +securities to be issued/transferredASX +securityTotal number of +securities to be

code	Security description	issued/transferred	Issue date
New class - code	Warrants	26,515,152	31/03/2022
to be confirmed

Refer to next page for full details of the announcementNotification of Issue, Conversion or Payment up of Unquoted Equity Securities

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Notification of Issue, Conversion or Payment up of Unquoted Equity SecuritiesPart 1 - Entity and announcement details

For personal use only

1.1 Name of entity COMET RIDGE 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

1.3 ASX issuer code COI

1.4 The announcement isNew announcement

1.5 Date of this announcement 31/3/2022

Registration number 47106092577

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

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

Part 2 - Issue details

2.1 The +securities the subject of this notification are:

Other

For personal use only

Please specify

Refer Appendix 3B lodged 30 March 2022

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:does not have an existing ASX security code ("new class")

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

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

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

For personal use only

New +securities

ASX +security code

New class - code to be confirmed

+Security descriptionWarrants

+Security type

ISIN code

Other

Date the +securities the subject of this notification were issued 31/3/2022

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

Yes

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued.

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02403074-2A1313410?access_token=83ff96335c2d45a094df02a206a39ff4

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

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02504731-6A1084289?access_token=83ff96335c2d45a094df02a206a39ff4

Please provide any further information needed to understand the circumstances in which you are notifying the issue of these +securities to ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B

The securities which are new securities, the subject of this Appendix 3G have previously been referenced in an Appendix 3B lodged 30 March 2022, which can be found at the following:https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02504553-6A1084166?access_token=83ff96335c2d45a094df02a206a39ff4

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

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

Issue details

Number of +securities

26,515,152

For personal use only

Were the +securities issued for a cash consideration?

No

Please describe the consideration being provided for the +securities

In consideration of the 2nd tranche sum of $3.5m, part of the loan facility from Pure Asset Management the details of which were contained in COI ASX announcement 3/08/2021.

Purpose of the issue

To raise additional working capital

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

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