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

Announcement Summary

only

Entity name

NEW CENTURY RESOURCES LIMITED

Date of this announcement

Tuesday November 30, 2021

The +securities the subject of this notification are:

Other

use

Total number of +securities to be issued/transferred

ASX +security

code

Security description

New class - code

Unquoted options (expiry 30 November 2024,

to be confirmed

$0.155)

personalFor

Refer to next page for full details of the announcement

Total number of +securities to be

issued/transferred Issue date

10,000,000 30/11/2021

Notification of Issue, Conversion or Payment up of Unquoted

1 / 7

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

NEW CENTURY RESOURCES 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

142165080

1.3

ASX issuer code

NCZ

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

30/11/2021

Notification of Issue, Conversion or Payment up of Unquoted

2 / 7

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

For personal use only

Please specify

Unquoted options

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

3 / 7

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

New +securities

ASX +security code

+Security description

New class - code to be confirmed

Unquoted options (expiry 30 November 2024, $0.155)

+Security type

ISIN code

Options

use

Date the +securities the subject of this notification were issued

30/11/2021

Will all the +securities issued in this class rank equally in all respects from their issue date?

personal

Yes

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.

Unquoted options on standard terms with an exercise price of $0.155 each and an expiry date of 30 November 2024

Options Details

+Security currency

Exercise price

Expiry date

AUD - Australian Dollar

AUD 0.15500000

30/11/2024

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

company option

For

Other

Description

NCZ fully paid ordinary shares

Any other information the entity wishes to provide about the +securities the subject of this notification

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 any further information needed to understand the circumstances in which you are notifying the issue of these +securities to ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B

The options are being issued on the same day as the Company elected to grant them

Issue details

only

Number of +securities

10,000,000

Were the +securities issued for a cash consideration?

use

No

Please describe the consideration being provided for the +securities

Options issued for nil consideration

Purpose of the issue

Other

personalFor

Additional Details

In connection with replacement of environmental bond facility

Notification of Issue, Conversion or Payment up of Unquoted

5 / 7

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Disclaimer

New Century Resources Limited published this content on 30 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 November 2021 07:30:02 UTC.