13,547,583 Options of Torrens Mining Limited are subject to a Lock-Up Agreement Ending on 7-JAN-2023. These Options will be under lockup for 731 days starting from 6-JAN-2021 to 7-JAN-2023.

Details:
43,786,724 fully paid ordinary shares classified by ASX as restricted securities and to be held in escrow until 7 January 2023, being 24 months from the date of commencement of Official Quotation.

20,000 fully paid ordinary shares classified by ASX as restricted securities and to be held in escrow until 27 January 2021, being 12 months from the date of issue.

1,400,000 fully paid ordinary shares classified by ASX as restricted securities and to be held in escrow until 27 March 2021, being 12 months from the date of issue.

330,501 fully paid ordinary shares classified by ASX as restricted securities and to be held in escrow until 25 May 2021, being 12 months from the date of issue.

1,450,000 fully paid ordinary shares classified by ASX as restricted securities and to be held in escrow until 4 September 2021, being 12 months from the date of issue.

7,500,000 options exercisable at AUD 0.30 on or before 12 April 2024, classified by ASX as restricted securities and to be held in escrow until 7 January 2023, being 24 months from the date of commencement of Official Quotation.

6,047,583 options exercisable at AUD 0.30 on or before 22 December 2023, classified by ASX as restricted securities and to be held in escrow until 7 January 2023, being 24 months from the date of commencement of Official Quotation.