Medallion Metals : Notification regarding unquoted securities - MM8

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

	Announcement Summary
only	Entity name
MEDALLION METALS LIMITED.
		Date of this announcement
		Monday January 31, 2022
		The +securities the subject of this notification are:
		Other
use	Total number of +securities to be issued/transferred
ASX +security
		code	Security description
		New class - code	OPTION EXPIRING 31-JAN-2025 EX $0.38
		to be confirmed
personalFor	New class - code	OPTION EXPIRING 31-JAN-2025 EX $0.285
to be confirmed

Refer to next page for full details of the announcement

Total number of +securities to be

issued/transferred Issue date

2,000,000 31/01/2022

2,000,000 31/01/2022

Notification of Issue, Conversion or Payment up of Unquoted

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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

MEDALLION 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	Registration number
ABN	89609225023
1.3	ASX issuer code
MM8

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

31/1/2022

Notification of Issue, Conversion or Payment up of Unquoted

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

Part 2 - Issue details

For personal use only

2.1 The +securities the subject of this notification are: Other

Please specify

Unlisted options approved by shareholders as a general meeting held on 31 January 2022.

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

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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

only	New +securities
ASX +security code			+Security description
	New class - code to be confirmed			OPTION EXPIRING 31-JAN-2025 EX $0.38
	+Security type			ISIN code
	Options
use	Date the +securities the subject of this notification were issued
31/1/2022
	Will all the +securities issued in this class rank equally in all respects from their issue date?
personal	Yes
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://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02470527-6A1070374?access_token=8
	3ff96335c2d45a094df02a206a39ff4
Options Details
	+Security currency	Exercise price		Expiry date
	AUD - Australian Dollar	AUD 0.38000000	31/1/2025
	Details of the existing class of +security that will be issued upon exercise or conversion of this new class of
For	company option
Other
Description

MM8 - Fully Paid Ordinary Shares

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

Further details regarding the options can be found in the Notice of General Meeting lodged with ASX on 22 December 2021.

Please provide any further information needed to understand the circumstances in which you are notifying the issue of these +securities to ASX, including why the issue of the +securities has not been previously announced to

Notification of Issue, Conversion or Payment up of Unquoted

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

the market in an Appendix 3B

N/A

Issue details

For personal use only

Number of +securities

2,000,000

Were the +securities issued for a cash consideration?

No

Please describe the consideration being provided for the +securities

Unlisted options issued as part consideration for the provision of lead manager services in relation to a capital raising and approved by shareholders at a general meeting held on 31 January 2022.

Purpose of the issue

To pay for services rendered

Additional Details

New +securities
ASX +security code		+Security description
New class - code to be confirmed		OPTION EXPIRING 31-JAN-2025 EX $0.285
+Security type		ISIN code
Options

Date the +securities the subject of this notification were issued

31/1/2022

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

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://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02470527-6A1070374?access_token=8 3ff96335c2d45a094df02a206a39ff4

Notification of Issue, Conversion or Payment up of Unquoted

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