Latin Resources : Application for quotation of securities - LRS

Application for quotation of +securitiesAnnouncement Summary

Entity name

For personal use only

LATIN RESOURCES LIMITED

Announcement Type

New announcement

Date of this announcement

Thursday April 14, 2022

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	Issue date
LRS	ORDINARY FULLY PAID	33,424,871	14/04/2022

be quoted

Refer to next page for full details of the announcementApplication for quotation of +securities

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Application for quotation of +securitiesPart 1 - Entity and announcement details

For personal use only

1.1 Name of entity

LATIN RESOURCES 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 ABN

1.3 ASX issuer code LRS

1.4 The announcement isNew announcement

1.5 Date of this announcement 14/4/2022

Registration number 81131405144

Application for quotation of +securities

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Application for quotation of +securities

Part 2 - Type of Issue

2.1 The +securities to be quoted are:

For personal use only

+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")

Application for quotation of +securities

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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

For personal use only

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

FROM (Existing Class)

ASX +security code and description

LRSOC : OPTION EXPIRING 31-DEC-2022

TO (Existing Class)

ASX +security code and description

LRS : 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
14/4/2022
17,924,871

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:

A reclassification of the +convertible securities as securities in the same class as the +underlying 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?

No

Issue date 14/4/2022

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

Yes

Application for quotation of +securities

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Application for quotation of +securities

Issue details

Number of +securities to be quoted

17,924,871

For personal use only

Are the +securities being issued for a cash consideration?

Yes

In what currency is the cash consideration being paid?

What is the issue price per +security?

AUD - Australian Dollar

AUD 0.01200000

Any other information the entity wishes to provide about the +securities to be quoted

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

FROM (Existing Class)

ASX +security code and description

LRSAAC : OPTION EXPIRING 31-MAR-2026 EX $0.05

TO (Existing Class)

ASX +security code and description LRS : 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
14/4/2022
7,500,000

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:

A reclassification of the +convertible securities as securities in the same class as the +underlying 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?

No

Application for quotation of +securities

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