Aeon Metals : Application for quotation of securities - AML

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Entity name

AEON METALS LIMITED.

Announcement Type

New announcement

Date of this announcement

Wednesday December 08, 2021

The +securities to be quoted are:

+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B

Total number of +securities to be quoted

Refer to next page for full details of the announcement

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1.1 Name of entity

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

8/12/2021

For personal use only

2.3a.2 Are there any further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B?

Yes

2.3a.3 Please provide details of the further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B

3,790,847 shares expected to be issued to BCA on or around 3 May 2022 and that will be escrowed to 3 December 2022. Approximately up to 5,458,819 shares issued in lieu of monthly fees to BCA that will be subject to escrow up until 3 December 2022 where issued prior to that date. The number of shares issued may vary, subject to the relevant currency exchange rate and 20 day VWAP at the time of issue.

Please refer to the announcement and Appendix 3B lodged on 7 December 2021 for further details.

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Number of +securities to be quoted

3,790,847

Are the +securities being issued for a cash consideration?

No

Please describe the consideration being provided for the +securities

The issue of 3,790,847 shares represents 50% of the commencement fee agreed to be issued to BCA on signing of the corporate advisory agreement with the balance to be issued in six months.

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

0.046600

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

Please refer to the announcement entitled 'Appointment of Strategic Adviser - Bacchus Capital' and Appendix 3B lodged on 7 December 2021 for further details.