9,150,000 Options of NickelX Limited are subject to a Lock-Up Agreement Ending on 7-MAY-2023. These Options will be under lockup for 738 days starting from 29-APR-2021 to 7-MAY-2023.

Details:
Below Shares will be classified by ASX as restricted securities and will be required to be held in escrow for given period.

6,500,004 Ordinary shares classified as restricted securities and to be held in escrow until May 07, 2023, being 24 months from the date of the commencement of official quotation.

6,750,000 Ordinary shares classified as restricted securities and to be held in escrow until April 29, 2022, being 12 months from the date of the issue.

350,000 Ordinary shares classified as restricted securities and to be held in escrow until October 26, 2021, being 12 months from the date of the issue.

1,500,000 Ordinary shares classified as restricted securities and to be held in escrow until November 12, 2021 being 12 months from the date of the issue.

2,250,000 Options exercisable at AUD 0.25 on or before April 29, 2026, classified by ASX as restricted securities and to be held in escrow until May 07, 2023, being 24 months from the date of commencement of official quotation.

2,250,000 Options exercisable at AUD 0.30 on or before April 29, 2026, classified by ASX as restricted securities and to be held in escrow until May 07, 2023, being 24 months from the date of commencement of official quotation.

2,250,000 Options exercisable at AUD 0.40 on or before April 29, 2026, classified by ASX as restricted securities and to be held in escrow until May 07, 2023, being 24 months from the date of commencement of official quotation.

2,250,000 Options exercisable at AUD 0.25 on or before April 29, 2025, classified by ASX as restricted securities and to be held in escrow until May 07, 2023, being 24 months from the date of commencement of official quotation.