24 Nov

Application for quotation of securities - ESS

Application for quotation of +securities Application for quotation of +securities 1 / 7 Announcement Summary Entity name ESSENTIAL METALS LIMITED Announcement Type New announcement Date of this announcement Wednesday November 24, 2021 The +securities to be quoted are: Total number of +securities to be quoted ASX +security code Security description Number of +securities to be quoted Issue date ESS ORDINARY FULLY PAID 700,000 24/11/2021 Refer to next page for full details of the announcement +Securities issued, transferred or re-classified as a result of options being exercised or other +convertible securities being converted Application for quotation of +securities Application for quotation of +securities 2 / 7 Part 1 - Entity and announcement details 1.1 Name of entity ESSENTIAL METALS 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 Registration number 44103423981 1.3 ASX issuer code ESS 1.4 The announcement is 1.5 Date of this announcement 24/11/2021 New announcement Application for quotation of +securities Application for quotation of +securities 3 / 7 Part 2 - Type of Issue 2.1 The +securities to be quoted are: 2.2 The +securities to be quoted are: Additional +securities in a class that is already quoted on ASX ("existing class") +Securities issued, transferred or re-classified as a result of options being exercised or other +convertible securities being converted Application for quotation of +securities Application for quotation of +securities 4 / 7 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 Existing +securities converting into additional +securities in an existing class FROM (Existing Class) ASX +security code and description ESSAU : PERFORMANCE RIGHTS TO (Existing Class) ASX +security code and description ESS : ORDINARY FULLY PAID Please state the number of options that were exercised or other +convertible securities that were converted 100,000 The first date the options were exercised or other +convertible securities were converted 24/11/2021 The last date the options were exercised or other +convertible securities were converted 24/11/2021 Is this all of the options or other +convertible securities on issue of that type (ie have all of those options now been exercised or have all of those convertible securities now been converted)? The right of the holder of the options or other +convertible securities to receive the +underlying securities is being satisfied by: The underlying securities being received by the holder are: Were the options being exercised or other +convertible securities being converted issued under an +employee incentive scheme? Are any of the options being exercised or other +convertible securities being converted held by +key management personnel (KMP) or an +associate? Provide details of the KMP or +associates who are exercising options or converting convertible securities Name of KMP Name of registered holder Number of options being exercised or other +convertible securities being converted Carl Travaglini Carl Travaglini 100,000 Yes Yes Intended to be, but are not yet, quoted by ASX An issue of new +securities No Application for quotation of +securities Application for quotation of +securities 5 / 7 Issue date 24/11/2021 Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class? Issue details Number of +securities to be quoted 100,000 Are the +securities being issued for a cash consideration? Please describe the consideration being provided for the +securities Exercise of Performance Rights issued to KMP under the Company's Equity Incentive Plan in accordance with the terms of their Executive Service Agreement. Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted 0.000000 Any other information the entity wishes to provide about the +securities to be quoted Issued Performance Rights form part of the KMP's long-term incentive package. Existing +securities converting into additional +securities in an existing class FROM (Existing Class) ASX +security code and description ESSO : OPTION EXPIRING 30-NOV-2022 TO (Existing Class) ASX +security code and description ESS : ORDINARY FULLY PAID Please state the number of options that were exercised or other +convertible securities that were converted 600,000 The first date the options were exercised or other +convertible securities were converted 18/11/2021 The last date the options were exercised or other +convertible securities were converted 18/11/2021 Is this all of the options or other +convertible securities on issue of that type (ie have all of those options now been exercised or have all of those convertible securities now been converted)? No Yes Application for quotation of +securities Application for quotation of +securities 6 / 7 exercised or have all of those convertible securities now been converted)? The right of the holder of the options or other +convertible securities to receive the +underlying securities is being satisfied by: The underlying securities being received by the holder are: Were the options being exercised or other +convertible securities being converted issued under an +employee incentive scheme? Issue date 24/11/2021 Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class? Issue details Number of +securities to be quoted 600,000 Are the +securities being issued for a cash consideration? In what currency is the cash consideration being paid? AUD - Australian Dollar What is the issue price per +security? AUD 0.15000000 Any other information the entity wishes to provide about the +securities to be quoted Conversion of listed Share Options. Yes Yes No Intended to be, but are not yet, quoted by ASX An issue of new +securities No Application for quotation of +securities Application for quotation of +securities 7 / 7 Part 4 - Issued capital following quotation Following the quotation of the +securities the subject of this application, the issued capital of the entity will comprise: (A discrepancy in these figures compared to your own may be due to a matter of timing if there is more than one application for quotation/issuance currently with ASX for processing.) 4.1 Quoted +securities (total number of each +class of +securities quoted on ASX following the +quotation of the +securities subject of this application) ASX +security code and description Total number of +securities on issue ESS : ORDINARY FULLY PAID 238,319,974 ESSO : OPTION EXPIRING 30-NOV-2022 23,987,624 4.2 Unquoted +securities (total number of each +class of +securities issued but not quoted on ASX) ASX +security code and description Total number of +securities on issue ESSAT : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES 5,388,894 ESSAA : OPTION EXPIRING 30-SEP-2024 EX $0.125 200,000 ESSAB : OPTION EXPIRING 30-SEP-2024 EX $0.175 200,000 ESSAC : OPTION EXPIRING 30-SEP-2024 EX $0.225 200,000 ESSAU : PERFORMANCE RIGHTS 1,645,610 ESSAV : OPTION EXPIRING 31-JAN-2024 EX 25C 500,000 ESSAW : OPTION EXPIRING 31-JAN-2024 EX 35C 500,000 ESSAX : OPTION EXPIRING 31-JAN-2024 EX 45C 500,000 ESSAZ : PERFORMANCE RIGHTS EXPIRING 30-JUN-2025 1,271,684
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