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 Friday December 20, 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 New class - code to be confirmed Security description Total number of +securities to be issued/transferred Issue date 3,000,000 29/11/2024 CONVERTIBLE NOTES Refer to next page for full details of the announcement Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 1/7 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 20/12/2024 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 2/7 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 29-Nov-2024 10:05 New - 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? No Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 3/7 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 29/11/2024 Any other information the entity wishes to provide about the +securities the subject of this notification CONVERTIBLE NOTES Issue details Number of +securities 3,000,000 Were the +securities issued for a cash consideration? Yes In what currency was the cash consideration being paid? What was the issue price per +security? AUD - Australian Dollar AUD 1.00000000 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 4/7 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 CONVERTIBLE NOTES +Security type ISIN code +Convertible debt securities Date the +securities the subject of this notification were issued 29/11/2024 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? No Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued. https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02887991-2A1565251 +Convertible debt securities Details Type of +security Non-convertible note or bond +Security currency Face value Interest rate type AUD - Australian Dollar AUD 1.00000000 Fixed rate Frequency of coupon/interest payments per year First interest payment date Annual Interest rate per annum 9.00 % Is the interest rate per annum estimated at this time? No s128F of the Income Tax Assessment Act status applicable to the +security Not applicable Is the +security perpetual (i.e. no maturity)? No Maturity date 29/11/2025 Select other feature(s) applicable to the +security Redeemable Is there a first trigger date on which a right of conversion, redemption, call or put can be exercised (whichever is first)? No Details of the existing class of +security that will be issued if the securities are converted, transformed or exchanged EQR : ORDINARY FULLY PAID Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 5/7 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities Any other information the entity wishes to provide about the +securities the subject of this notification 40M fully paid ordinary shares at a conversion price of $0.075 per convertible note, plus 10M unlisted options ex. $0.10 expiring one year from the date of issue (subject to shareholder approval). Issue details Number of +securities 3,000,000 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 6/7 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 2,237,532,451 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 15,800,000 EQRAA : OPTION EXPIRING 18-JAN-2026 EX $0.10 78,000,000 EQRAR : OPTION EXPIRING 22-NOV-2026 EX $0.10 20,000,000 EQRAM : OPTION EXPIRING 07-NOV-2025 EX $0.065 19,451,674 EQRAP : CONVERTIBLE NOTES 750,000 EQRAS : OPTION EXPIRING 29-NOV-2027 EX $0.07 20,000,000 EQRAQ : OPTION EXPIRING 29-MAY-2027 EX $0.0675 103,452,002 EQRAN : OPTION EXPIRING 31-JAN-2026 EX $0.065 1,250,000 New class - code to be confirmed : CONVERTIBLE NOTES 3,000,000 Appendix 3G - Notification of issue, conversion or payment up of unquoted equity securities 7/7