4,975,000 Ordinary Shares of Iceni Gold Limited are subject to a Lock-Up Agreement Ending on 11-DEC-2021. These Ordinary Shares will be under lockup for 243 days starting from 12-APR-2021 to 11-DEC-2021.

Details:
A total of 80,375,000 ordinary shares to be held in escrow until April 14, 2023, being 24 months from the date of commencement of official quotation.

A total of 4,975,000 ordinary shares to be held in escrow until December 11, 2021, being 12 months from the date of issue.

A total of 2,166,435 ordinary shares to be held in escrow until February 10, 2022, being 12 months from the date of issue.

A total of 375,000 ordinary shares to be held in escrow until January 29, 2022, being 12 months from the date of issue.

A total of 900,000 ordinary shares to be held in escrow until March 03, 2022, being 12 months from the date of issue.

A total of 19,706,857 options exercisable at AUD 0.30 on or before March 31, 2024 to be held in escrow until April 14, 2023, being 24 months from the date of commencement of official quotation.