Lunnon Metals : Notification regarding unquoted securities - LM8

Announcement Summary

Entity name

LUNNON METALS LIMITED

Date of this announcement Tuesday March 29, 2022

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	Unlisted Options, expiring 28-MAR-2027, $0.00	93,924	29/03/2022
to be confirmed	EX PRICE

Refer to next page for full details of the announcementPart 1 - Entity and announcement details

1.1 Name of entity LUNNON 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 ACN

1.3 ASX issuer code LM8

1.4 The announcement isNew announcement

1.5 Date of this announcement 29/3/2022

Registration number 600008848

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

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")

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

onlyFor personal use

ASX +security code

New class - code to be confirmed

+Security type Options

Date the +securities the subject of this notification were issued 29/3/2022

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?

No

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://www.asx.com.au/asxpdf/20210611/pdf/44xb3cms9pxpb4.pdf

Options Details

+Security description

ISIN code

+Security currency	Exercise price	Expiry date
AUD - Australian Dollar	AUD 0.00000000	28/3/2027

Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option

Other

Description

LM8: Ordinary Fully Paid

Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the termshttps://www.asx.com.au/asxpdf/20210611/pdf/44xb3cms9pxpb4.pdf

Any other information the entity wishes to provide about the +securities the subject of this notification The Employee Incentive Options are subject to various vesting conditions

Issue details

Number of +securities

93,924