Metal Hawk : Update - Notification regarding unquoted securities - MHK

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

Update Summary

For personal use only

Entity name

METAL HAWK LIMITED.

Announcement Type

Update to previous announcement

Date of this announcement

Thursday December 02, 2021

Reason for the update

The total number of options to be issued amended to 2,550,000.

Refer to next page for full details of the announcement

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

METAL HAWK 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	630453664
1.3	ASX issuer code
MHK

1.4 The announcement is

Update/amendment to previous announcement

1.4a Reason for update to a previous announcement

The total number of options to be issued amended to 2,550,000.

1.4b Date of previous announcement to this update

1/12/2021

1.5 Date of this announcement

2/12/2021

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:

+Securities issued under an +employee incentive scheme that are subject to a restriction on transfer and are not being quoted on ASX until the restriction ends

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 issued under an +employee incentive scheme
	ASX +security code		+Security description
	New class - code to be confirmed		Options exercisable at $0.42 expiring 30 November 2025
	+Security type		ISIN code
	Options
use	Date the +securities the subject of this notification were issued
1/12/2021
	Will all the +securities issued in this class rank equally in all respects from their issue date?
	Yes
personal	Were any of the +securities issued to +key management personnel (KMP) or an +associate?
Yes
Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being
	Provide details of the KMP or +associates being issued +securities.

Name of KMP		Name of registered holder	Number of +securities
			750,000
William Belbin		Camelwood Investments Pty Ltd
			500,000
David Pennock		Wagoe Investments Pty Ltd
			500,000
Brett Lambert		Elspeth Lambert

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

		No
For	issued.
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02444512-6A1059741?access_token=8
		3ff96335c2d45a094df02a206a39ff4
	Options Details
		+Security currency	Exercise price	Expiry date
		AUD - Australian Dollar	AUD 0.42000000	30/11/2025
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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

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

Other

		Description
only	MHK Fully Paid Ordinary
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://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02444512-6A1059741?access_token=8
		3ff96335c2d45a094df02a206a39ff4
		Any other information the entity wishes to provide about the +securities the subject of this notification
use	Option issue under the Company's Employee Share Plan. Note issue to KMP as approved by Shareholders at the
Company's AGM held on 30 November 2021
	I ue details
personalFor	Number of +securities
2,550,000

Notification of Issue, Conversion or Payment up of Unquoted

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