Essential Metals : Application for quotation of securities - ESS

Application for quotation of +securities

Announcement Summary

For personal use only

Entity name

ESSENTIAL METALS LIMITED

Announcement Type

New announcement

Date of this announcement

Wednesday November 24, 2021

The +securities to be quoted are:

+Securities issued, transferred or re-classified as a result of options being exercised or other +convertible securities being converted

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
ESS	ORDINARY FULLY PAID	700,000	24/11/2021

Refer to next page for full details of the announcement

Application for quotation of +securities

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Application for quotation of +securities

Part 1 - Entity and announcement details

For personal use only

1.1 Name of entity

ESSENTIAL METALS LIMITED

We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules.

1.2	Registered number type	Registration number
ABN	44103423981
1.3	ASX issuer code
ESS

1. The announcement is New announcement
2. Date of this announcement

24/11/2021

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Application for quotation of +securities

Part 2 - Type of Issue

For personal use only

2.1 The +securities to be quoted are:

+Securities issued, transferred or re-classified as a result of options being exercised or other +convertible securities being converted

2.2 The +securities to be quoted are:

Additional +securities in a class that is already quoted on ASX ("existing class")

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Application for quotation of +securities

Part 3B - number and type of +securities to be quoted (existing class) where issue has not previously been notified to ASX in an Appendix 3B

Existing +securities converting into additional +securities in an existing class

FROM (Existing Class)

ASX +security code and description

ESSAU : PERFORMANCE RIGHTS

TO (Existing Class)

ASX +security code and description

ESS : ORDINARY FULLY PAID

Please state the number of options that were exercised or other +convertible securities that were converted

100,000

The first date the options were exercised or other +convertible securities were converted

24/11/2021

The last date the options were exercised or other +convertible securities were converted

24/11/2021

For personal use only

Is this all of the options or other +convertible securities on issue of that type (ie have all of those options now been exercised or have all of those convertible securities now been converted)?

No

The right of the holder of the options or other +convertible securities to receive the +underlying securities is being satisfied by:

An issue of new +securities

The underlying securities being received by the holder are:

Intended to be, but are not yet, quoted by ASX

Were the options being exercised or other +convertible securities being converted issued under an +employee incentive scheme?

Yes

Are any of the options being exercised or other +convertible securities being converted held by +key management personnel (KMP) or an +associate?

Yes

Provide details of the KMP or +associates who are exercising options or converting convertible securities

			Number of options being exercised
			or other +convertible securities
Name of KMP		Name of registered holder	being converted
			100,000
Carl Travaglini		Carl Travaglini

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Application for quotation of +securities

Issue date

24/11/2021

Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class?

Yes

only
	Issue details
use	Number of +securities to be quoted
100,000
		Are the +securities being issued for a cash consideration?
		No
		Please describe the consideration being provided for the +securities
personal	Exercise of Performance Rights issued to KMP under the Company's Equity Incentive Plan in accordance with the terms
of their Executive Service Agreement.
ASX +security code and description
		Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the
		+securities to be quoted
		0.000000
		Any other information the entity wishes to provide about the +securities to be quoted
		Issued Performance Rights form part of the KMP's long-term incentive package.
		Existing +securities converting into additional +securities in an existing class
		FROM (Existing Class)
For	ESSO : OPTION EXPIRING 30-NOV-2022
TO (Existing Class)
ASX +security code and description
ESS : ORDINARY FULLY PAID
Please state the number of options	The first date the options were	The last date the options were
		that were exercised or other	exercised or other +convertible	exercised or other +convertible
		+convertible securities that were	securities were converted	securities were converted
		converted	18/11/2021	18/11/2021
		600,000
		Is this all of the options or other +convertible securities on issue of that type (ie have all of those options now been
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