Announcement PDF Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Announcement Summary Entity name EQ RESOURCES LIMITED Date of this announcement Wednesday May 29, 2024 The +securities the subject of this notification are: +Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B that are not quoted, and are not intended to be quoted, on ASX Total number of +securities to be issued/transferred ASX +security code Security description New class - code to be confirmed EQRAS (Broker): OPTION EXPIRING 29-MAY-2027 EX $0.0675 Total number of +securities to be issued/transferred Issue date 20,000,000 28/05/2024 Refer to next page for full details of the announcement Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 1/6 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Part 1 - Entity and announcement details 1.1 Name of entity EQ 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 115009106 1.3 ASX issuer code EQR 1.4 The announcement is New announcement 1.5 Date of this announcement 29/5/2024 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 2/6 Appendix 3G - 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: +Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B that are not quoted, and are not intended to be quoted, on ASX Previous Appendix 3B details: Announcement Date and Time Announcement Title Selected Appendix 3B to submit quotation request 23-May-2024 16:41 Update - Update - Proposed issue of securities - EQR A placement or other type of issue 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 Further issue of: - 5,111,111 EQRAQ (Directors): OPTION EXPIRING 29-MAY-2027 EX $0.0675 - 39,304,733 EQRAR (Loan): OPTION EXPIRING 29-MAY-2027 EX $0.0675 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 3/6 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Part 3A - number and type of +securities the subject of this notification (existing class or new class) where issue has previously been notified to ASX in an Appendix 3B Placement Details ASX +security code and description new unquoted class of security Date the +securities the subject of this notification were issued 28/5/2024 Any other information the entity wishes to provide about the +securities the subject of this notification Pac Partners Securities Pty Ltd to act as Lead Manager and bookrunner who has provided their engagement letter with a management fee equal to 2%, and a selling fee equal to 4%, of the proceeds raised (excluding fees paid on contributions from Directors). An issue of up to 20m options is also proposed on the same terms as those issued under the Capital Raising. Issue details Number of +securities 20,000,000 Were the +securities issued for a cash consideration? No Please describe the consideration being provided for the +securities Pac Partners Securities Pty Ltd to act as Lead Manager and bookrunner for the Capital Raising is being issued 20m options under the same terms of the Capital Raising. Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 4/6 Appendix 3G - 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) ASX +security code +Security description New class - code to be confirmed EQRAS (Broker): OPTION EXPIRING 29-MAY-2027 EX $0.0675 +Security type ISIN code Options Date the +securities the subject of this notification were issued 28/5/2024 Will all the +securities issued in this class rank equally in all respects from their issue date? Yes Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1? Yes Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued. https://www.eqresources.com.au/site/pdf/cf911468-6511-43af-91cf-d02eaccf04b8/Update-Proposed-issue-of-securities-E QR.pdf Options Details +Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.06750000 29/5/2027 Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option EQR : ORDINARY FULLY PAID Any other information the entity wishes to provide about the +securities the subject of this notification Issue details Number of +securities 20,000,000 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 5/6 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Part 4 - +Securities on issue Following the issue, conversion or payment up of the +securities the subject of this notification, the +securities of the entity will comprise: The figures in parts 4.1 and 4.2 below are automatically generated and may not reflect the entity's current issued capital if other Appendix 2A, Appendix 3G or Appendix 3H forms are currently with ASX for processing. 4.1 Quoted +securities (Total number of each +class of +securities issued and quoted on ASX) ASX +security code and description Total number of +securities on issue EQR : ORDINARY FULLY PAID 1,858,806,073 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 EQRAO : OPTION EXPIRING 03-JUL-2026 EX $0.10 16,400,000 EQRAA : OPTION EXPIRING 18-JAN-2026 EX $0.10 78,000,000 EQRAJ : OPTION EXPIRING 23-JUN-2024 EX $0.06 10,000,000 EQRAI : OPTION EXPIRING 23-JUN-2024 EX $0.06 12,000,000 EQRAM : OPTION EXPIRING 07-NOV-2025 EX $0.065 19,751,674 EQRAP : CONVERTIBLE NOTES 750,000 EQRAN : OPTION EXPIRING 31-JAN-2026 EX $0.065 1,250,000 New class - code to be confirmed : EQRAS (Broker): OPTION EXPIRING 29-MAY-2027 EX $0.0675 20,000,000 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 6/6