1,016,379 Ordinary Shares of Pearl Gull Iron Limited are subject to a Lock-Up Agreement Ending on 15-JAN-2022. These Ordinary Shares will be under lockup for 121 days starting from 16-SEP-2021 to 15-JAN-2022.

Details:
45,125,550 fully paid ordinary shares classified by ASX as restricted securities and to be held in escrow until 20 September 2023, being 24 months from the date of commencement of Official Quotation.

1,016,379 fully paid ordinary shares classified by ASX as restricted securities and to be held in escrow until 15 January 2022, being 12 months from the date of issue.

4,425,550 options exercisable at AUD 0.30 on or before 13 September 2024, classified by ASX as restricted securities and to be held in escrow until 20 September 2023, being 24 months from the date of commencement of Official Quotation.

9,470,000 Incentive options with a nil exercise price on or before 1 June 2026, classified by ASX as restricted securities and to be held in escrow until 20 September 2023, being 24 months from the date of commencement of Official Quotation.

32,352,307 options exercisable at AUD 0.30 on or before 13 September 2024, classified by ASX as restricted securities and to be held in escrow until 13 September 2022, being 12 months from the date of issue.