10,000,000 Options of Heavy Minerals Limited are subject to a Lock-Up Agreement Ending on 14-SEP-2023. These Options will be under lockup for 742 days starting from 2-SEP-2021 to 14-SEP-2023.

Details:
12,722,904 fully paid ordinary shares classified by ASX as restricted securities and to be held in escrow until 14 September 2023, being 24 months from the date of commencement of Official Quotation.

542,670 fully paid ordinary shares classified by ASX as restricted securities and to be held in escrow until 26 April 2022, being 12 months from the date of issue.

1,250,000 fully paid ordinary shares classified by ASX as restricted securities and to be held in escrow until 1 June 2022, being 12 months from the date of issue.

125,000 fully paid ordinary shares classified by ASX as restricted securities and to be held in escrow until 26 July 2022, being 12 months from the date of issue.

10,000,000 options exercisable at $0.25 on or before 14 September 2024, classified by ASX as restricted securities and to be held in escrow until 14 September 2023, being 24 months from the date of commencement of Official Quotation.

5,130,815 performance rights classified by ASX as restricted securities and to be held in escrow until 14 September 2023, being 24 months from the date of commencement of Official Quotation.

3,782,226 options exercisable at $0.25 on or before 14 September 2023, classified by ASX as restricted securities and to be held in escrow until 1 June 2022, being 12 months from the date of issue.