9,000,000 Ordinary Shares of Kalgoorlie Gold Mining Limited are subject to a Lock-Up Agreement Ending on 28-OCT-2023. These Ordinary Shares will be under lockup for 732 days starting from 26-OCT-2021 to 28-OCT-2023.

Details:
The Company anticipates that upon Admission approximately 14,000,000 Shares and up to 21,000,000 Options will be classified as restricted securities by ASX which comprises approximately 16.7% of the issued share capital on an undiluted basis, and approximately 10.9% on a fully diluted basis (based on the Minimum Subscription and assuming no additional Ardea Shares are issued prior to the In-specie Record Date). Restricted Shares and Options will be restricted for a period of 24 months from quotation of the Company's Shares on ASX.

9,000,000 fully paid ordinary shares classified by ASX as restricted securities and to be held in escrow until November 17, 2023, being 24 months from the date of Quotation.

5,000,000 fully paid ordinary shares classified by ASX as restricted securities and to be held in escrow until November 5, 2022, being 12 months from the date of the issue.

3,000,000 options exercisable at AUD 0.25 on or before September 16, 2024, classified by ASX as restricted securities and to be held in escrow until November 17, 2023, being 24 months from the date of Quotation.

17,031,950 options exercisable at AUD 0.25 on or before September 5, 2024, classified by ASX as restricted securities and to be held in escrow until November 17, 2023, being 24 months from the date of Quotation.