Mayur Resources : Application for quotation of securities - MRL

Application for quotation of +securitiesAnnouncement Summary

Entity name

For personal use only

MAYUR RESOURCES LIMITED

Announcement Type

New announcement

Date of this announcement

Tuesday March 29, 2022

The +securities to be quoted are:Other

Total number of +securities to be quotedASX +security

code	Security description	Issue date
MRL	CHESS DEPOSITARY INTERESTS 1:1	1,000,000	28/03/2021

Number of +securities to be quoted

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

1 / 6

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

For personal use only

1.1 Name of entity

MAYUR 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 ARBN

1.3 ASX issuer code MRL

1.4 The announcement isNew announcement

1.5 Date of this announcement 29/3/2022

Registration number 619770277

Application for quotation of +securities

2 / 6

Application for quotation of +securities

Part 2 - Type of Issue

• 2.1 The +securities to be quoted are:

  Other

  For personal use only

• 2.2 The +securities to be quoted are:

Additional +securities in a class that is already quoted on ASX ("existing class")

• 2.3c Have these +securities been offered under a +disclosure document or +PDS?

  No

• 2.3d Please provide any further information needed to understand the circumstances in which you are applying to have these +securities quoted on ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B

Loan Funded Shares issued under the Company ESOP ($0.18)

2.4 Any on-sale of the +securities to be quoted within 12 months of their date of issue will comply with the secondary sale provisions in sections 707(3) and 1012C(6) of the Corporations Act by virtue of:

Not applicable - the entity has arrangements in place with the holder that ensure the securities cannot be on-sold within 12 months in a manner that would breach section 707(3) or 1012C(6)

Application for quotation of +securities

3 / 6

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

Additional +securities to be quoted in an existing class

ASX +security code and description

MRL : CHESS DEPOSITARY INTERESTS 1:1

Issue date 28/3/2021

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

Yes

Issue details

Number of +securities to be quoted

1,000,000

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 0.18000000

Any other information the entity wishes to provide about the +securities to be quoted These are loan funded shares, the Company lent the money at $AUD 0.18 per share

The purpose(s) for which the entity is issuing the securities

To pay for services rendered

Please provide additional details Issued as part of a remuneration package

Application for quotation of +securities

4 / 6

Application for quotation of +securitiesPart 4 - Issued capital following quotation

For personal use only

Following the quotation of the +securities the subject of this application, the issued capital of the entity will comprise:

(A discrepancy in these figures compared to your own may be due to a matter of timing if there is more than one application for quotation/issuance currently with ASX for processing.)

4.1 Quoted +securities (total number of each +class of +securities quoted on ASX following the +quotation of the +securities subject of this application)

ASX +security code and description

MRL : CHESS DEPOSITARY INTERESTS 1:1

Total number of

+securities on issue

4.2 Unquoted +securities (total number of each +class of +securities issued but not quoted on ASX)ASX +security code and description

MRLAE : PERFORMANCE RIGHTS

239,342,945

Total number of

+securities on issue

24,440,334

Application for quotation of +securities

5 / 6