10,000,000 Options of Cosmo Metals Limited are subject to a Lock-Up Agreement Ending on 31-JAN-2024. These Options will be under lockup for 734 days starting from 27-JAN-2022 to 31-JAN-2024.

Details:
25,000,001 fully paid ordinary shares classified by ASX as restricted securities and to be held in escrow until 31 January 2024, being 24 months from the date of Quotation.

5,000,000 options exercisable at $0.25 on or before 12 November 2024, classified by ASX as restricted securities and to be held in escrow until 31 January 2024, being 24 months from the date of Quotation.

5,000,000 options exercisable at $0.25 on or before 20 January 2025, classified by ASX as restricted securities and to be held in escrow until 31 January 2024, being 24 months from the date of Quotation.