XRF Scientific : Application for quotation of securities - XRF

Application for quotation of +securitiesAnnouncement Summary

Entity name

For personal use only

XRF SCIENTIFIC LIMITED

Announcement Type

New announcement

Date of this announcement

Friday April 22, 2022

The +securities to be quoted are:

+Securities issued under an +employee incentive scheme that are not subject to a restriction on transfer or that are to be quoted notwithstanding there is a restriction on transfer

Total number of +securities to be quoted

ASX +security

Number of +securities to
code	Security description	Issue date
XRF	ORDINARY FULLY PAID	94,080	20/04/2022

be quoted

Refer to next page for full details of the announcementApplication for quotation of +securities

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Application for quotation of +securitiesPart 1 - Entity and announcement details

For personal use only

1.1 Name of entity

XRF SCIENTIFIC LIMITED

We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules.

1.2 Registered number type ABN

1.3 ASX issuer code XRF

1.4 The announcement isNew announcement

1.5 Date of this announcement 22/4/2022

Registration number 80107908314

Application for quotation of +securities

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Application for quotation of +securities

Part 2 - Type of Issue

2.1 The +securities to be quoted are:

For personal use only

+Securities issued under an +employee incentive scheme that are not subject to a restriction on transfer or that are to be quoted notwithstanding there is a restriction on transfer

2.2 The +securities to be quoted are:

Additional +securities in a class that is already quoted on ASX ("existing class")

Application for quotation of +securities

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Application for quotation of +securities

Part 3B - number and type of +securities to be quoted (existing class) where issue has not previously been notified to ASX in an Appendix 3B

For personal use only

Additional +securities to be quoted in an existing class issued under an +employee incentive scheme

FROM (Existing Class)

ASX +security code and description

No security currently exists

FROM (Existing Class) +Security description

No security currently exists

TO (Existing Class)

ASX +security code and description

XRF : ORDINARY FULLY PAID

Please state the number of +securities issued under the +employee incentive scheme that are not subject to a restriction on transfer or that are to be quoted notwithstanding there is a restriction on transfer

94,080

Please provide details of a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms

https://www.xrfscientific.com/corporate-governance/

Are any of these +securities being issued to +key management personnel (KMP) or an +associateYes

Provide details of the KMP or +associates being issued +securities

Name of KMP

Name of registered holder

Number of +securities

Andrew Watson

Andrew Watson

1,470

Issue date 20/4/2022

Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class?

Yes

Application for quotation of +securities

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Application for quotation of +securities

Issue details

For personal use only

Number of +securities to be quoted

94,080

Are the +securities being issued for a cash consideration?

No

Please describe the consideration being provided for the +securities

Eligible employees will be provided with shares valued up to $1,000, to align their interests with the Company's shareholders and provide incentive for them to focus on the Company's long-term goals.

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted

0.680000

Any other information the entity wishes to provide about the +securities to be quoted

Under the rules of the plan, a holding lock will be placed on the shares for a period of three years from the date of issue.

Application for quotation of +securities

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