Northern Minerals : Notification of cessation of securities - NTU

Announcement Summary

Entity name

NORTHERN MINERALS LIMITED

Announcement Type

New announcement

Date of this announcement Wednesday April 06, 2022

Details of +securities that have ceasedASX +security codeSecurity descriptionNumber of +securities that The +securities have have ceased ceased due to

Date of cessation

NTUAZ

PERFORMANCE RIGHTS

3,555,000

Lapse of conditional right to securities because the conditions have not been, or have become incapable of being, satisfied

31/03/2022

Refer to next page for full details of the announcementPart 1 - Announcement Details

1.1 Name of +Entity NORTHERN MINERALS LIMITED

We (the entity named above) provide the following information about our issued capital.

1.2 Registered Number Type ABN

1.3 ASX issuer code NTU

1.4 The announcement isNew announcement

1.5 Date of this announcement 6/4/2022

Registration Number 61119966353

Part 2 - Details of +equity securities or +debt securities that have ceased

ASX +Security Code and Description NTUAZ : PERFORMANCE RIGHTS

Unquoted +equity securities that have ceased

Number of securities that have ceased 3,555,000

Reason for cessation

Lapse of conditional right to securities because the conditions have not been, or have become incapable of being, satisfied

Date of cessation 31/3/2022

Is the entity paying any consideration for the cessation?

No

Any other information the entity wishes to notify to ASX about the cessation?

Part 3 - Issued capital following changes

Following the cessation of the +securities the subject of this notification, the issued capital of the entity will comprise:

3.1 Quoted +equity securities and +debt securities (total number of each +class of +securities quoted on ASX)

Total number ofASX +security code and description

+securities on issue

NTU : ORDINARY FULLY PAID

4,859,596,299

3.2 Unquoted +equity securities (total number of each +class of +equity securities issued but not quoted on ASX)

Total number of

ASX +security code and description	+securities on issue
NTUAI : ORDINARY FULLY PAID	4,353,400
NTUAA : OPTION EXPIRING 02-MAR-2024 EX 4.5C	26,500,000
NTUAZ : PERFORMANCE RIGHTS	28,238,332
NTUAX : OPTION EXPIRING 22-FEB-2024 EX $0.074	153,061,226
NTUAY : OPTION EXPIRING 27-JUL-2024 EX $0.074	51,020,408

Note: the figures stated in the tables above are used to calculate the total market capitalisation of the entity published by ASX from time to time. The table will not include those classes of +securities that have ceased or lapsed in their entirety in ASX records before the announcement date described in Q1.5, even if the entity has advised ASX of a change to that class of +security in Part 2 of this form.