Hyperion Metals : Notification regarding unquoted securities - HYM

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

Announcement Summary

use only

Entity name

HYPERION METALS LIMITED

Date of this announcement

Monday December 13, 2021

The +securities the subject of this notification are:

Other

Total number of +securities to be issued/transferred

		Total number of
ASX +security		+securities to be
code	Security description	issued/transferred	Issue date
HYMAL	PERFORMANCE RIGHTS 23-APR-2026	3,500,000	13/12/2021

For personal

Refer to next page for full details of the announcement

Notification of Issue, Conversion or Payment up of Unquoted

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

Part 1 - Entity and announcement details

For personal use only

1.1 Name of entity

HYPERION METALS 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	Registration number
ABN	84618935372
1.3	ASX issuer code
HYM

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

13/12/2021

Notification of Issue, Conversion or Payment up of Unquoted

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

Part 2 - Issue details

For personal use only

2.1 The +securities the subject of this notification are: Other

Please specify

Issue of unlisted performance rights to a Director following shareholder approval

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:

has an existing ASX security code ("existing class")

Notification of Issue, Conversion or Payment up of Unquoted

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

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

For personal use only

Additional +securities in an existing class

ASX +security code and description

HYMAL : PERFORMANCE RIGHTS 23-APR-2026

Date the +securities the subject of this notification were issued

13/12/2021

Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class

Yes

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

Unlisted performance rights that vest upon the Company achieving a 30-day VWAP of at least A$4.00 per share, expiring 23 April 2026.

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

Issue of unlisted performance rights to a Director following shareholder approval received on 25 November 2021. Refer to notice of meeting dated 20 October 2021 for further details.

Notification of Issue, Conversion or Payment up of Unquoted

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

Issue details

For personal use only

Number of +securities

3,500,000

Were the +securities issued for a cash consideration?

No

Please describe the consideration being provided for the +securities

Issue of unlisted performance rights to a Director following shareholder approval.

Purpose of the issue

Other

Additional Details

Issue of unlisted performance rights to a Director following shareholder approval.

Notification of Issue, Conversion or Payment up of Unquoted

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