Lotus Resources : Notification regarding unquoted securities - LOT

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

Announcement Summary

For personal use only

Entity name

LOTUS RESOURCES LIMITED

Date of this announcement

Monday November 29, 2021

The +securities the subject of this notification are:

+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

Total number of +securities to be issued/transferred

		Total number of
ASX +security		+securities to be
code	Security description	issued/transferred	Issue date
New class - code	Unquoted Options, exercisable at $0.00, expiring	648,000	29/11/2021
to be confirmed	29 July 2024
New class - code	Unquoted Options, exercisable at $0.00, expiring	1,230,000	29/11/2021
to be confirmed	29 July 2026

Refer to next page for full details of the announcement

Notification of Issue, Conversion or Payment up of Unquoted

1 / 10

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

LOTUS RESOURCES 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
ACN	119992175
1.3	ASX issuer code
LOT

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

29/11/2021

Notification of Issue, Conversion or Payment up of Unquoted

2 / 10

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

Part 2 - Issue details

2.1 The +securities the subject of this notification are:

+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

For personal use only

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

does not have an existing ASX security code ("new class")

Notification of Issue, Conversion or Payment up of Unquoted

3 / 10

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

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

personal use only

ASX +security code		+Security description
New class - code to be confirmed		Unquoted Options, exercisable at $0.00, expiring 29 July
		2024
+Security type		ISIN code
Options

Date the +securities the subject of this notification were issued

29/11/2021

Will all the +securities issued in this class rank equally in all respects from their issue date? Yes

Were any of the +securities issued to +key management personnel (KMP) or an +associate? Yes

Provide details of the KMP or +associates being issued +securities.
Name of KMP		Name of registered holder	Number of +securities
			648,000
Keith Bowes		Mr Keith Bowes

Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1?

No

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued.

https://app.sharelinktechnologies.com/announcement/asx/cdbe4f7c17b2d9bbc0f3999fb1e389b4

	Options Details
For	+Security currency	Exercise price	Expiry date
		AUD - Australian Dollar	AUD 0.00000000	29/11/2024
		Details of the existing class of +security that will be issued upon exercise or conversion of this new class of
		company option
		Other
		Description
		Shares in the capital of Lotus Resources Limited
	Notification of Issue, Conversion or Payment up of Unquoted	4 / 10

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

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms

https://app.sharelinktechnologies.com/announcement/asx/7d3742fc07f9fcf5b7356bbcf264d1a6

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

only
	Issue details
		Number of +securities
use	648,000
personal	ASX +security code				+Security description
New class - code to be confirmed				Unquoted Options, exercisable at $0.00, expiring 29 July
						2026
		+Security type				ISIN code
		Options
		Date the +securities the subject of this notification were issued
		29/11/2021
		Will all the +securities issued in this class rank equally in all respects from their issue date?
		Yes
		Were any of the +securities issued to +key management personnel (KMP) or an +associate?
		Yes
For	Provide details of the KMP or +associates being issued +securities.
Name of KMP		Name of registered holder	Number of +securities
					1,230,000
		Keith Bowes		Mr Keith Bowes

Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1?

No

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued.

https://app.sharelinktechnologies.com/announcement/asx/cdbe4f7c17b2d9bbc0f3999fb1e389b4

Notification of Issue, Conversion or Payment up of Unquoted

5 / 10