Silver Mines : Notification regarding unquoted securities - SVL

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

Announcement Summary

For personal use only

Entity name

SILVER MINES LIMITED

Date of this announcement

Wednesday December 22, 2021

The +securities the subject of this notification are:

+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

Total number of +securities to be issued/transferred

		Total number of
ASX +security		+securities to be
code	Security description	issued/transferred	Issue date
New class - code	Options, exercise price $0.30, expiry date 21	9,000,000	21/12/2021
to be confirmed	December 2024

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

SILVER MINES 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	107452942
1.3	ASX issuer code
SVL

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

22/12/2021

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

Part 2 - Issue details

2.1 The +securities the subject of this notification are:

+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

For personal use only

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	ASX +security code			+Security description
	New class - code to be confirmed			Options, exercise price $0.30, expiry date 21 December
				2024
	+Security type			ISIN code
	Options
use	Date the +securities the subject of this notification were issued
21/12/2021
	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?
No
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.
	Please see link to Notice of Annual General Meeting released on 25 October 2021 - https://cdn-api.markitdigital.com/apim
	an-gateway/ASX/asx-research/1.0/file/2924-02440586-2A1333276?access_token=83ff96335c2d45a094df02a206a39ff4.
	Resolution 4 approved by shareholders on 26 November 2021.
Options Details
	+Security currency	Exercise price		Expiry date
For	AUD - Australian Dollar	AUD 0.30000000	21/12/2024

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

Other

Description

SVL (fully paid ordinary shares)

Notification of Issue, Conversion or Payment up of Unquoted

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

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

Please see link to Notice of Annual General Meeting released on 25 October 2021 - https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02440586-2A1333276?access_token=83ff96335c2d45a094df02a206a39ff4. Resolution 4 approved by shareholders on 26 November 2021. See also announcement of today's date.

only	Any other information the entity wishes to provide about the +securities the subject of this notification
	Issue details
use	Number of +securities
9,000,000
For personal

Notification of Issue, Conversion or Payment up of Unquoted

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