ANNUAL Report June 2024 Notes to the Consolidated Financial Statements 37 (a) Movements in Ordinary Share Capital 1 July 2023 to 30 June 2024 Date Number of Shares Issue Price $ Balance b/fwd 1,474,486,938 27,222,060 Issue of 957,055 shares @ $0.0650 per share upon the conversion of unlisted options granted to sophisticated investors (refer ASX announcement dated 11 August 2023) 11/08/2023 957,055 $0.07 62,208 Issue of 4,698,617 shares @ $0.0650 per share upon the conversion of unlisted options granted to sophisticated (refer ASX announcement dated 23 August 2023) 23/08/2023 4,698,617 $0.07 305,410 Issue of 3,125,000 shares @ $0.0650 per share upon the conversion of unlisted options granted to sophisticated (refer ASX announcement dated 6 September 2023) 6/09/2023 3,125,000 $0.07 203,125 Issue of 25,000,000 shares @ $0.0650 per share upon the exercise of unlisted options granted to sophisticated investors (refer ASX announcement dated 22 September 2023) 22/09/2023 25,000,000 $0.07 1,625,000 Issue of 16,730,321 shares @ $0.0650 per share on the conversion of 4,000,000 convertible notes (refer ASX announcement dated 28 September 2023) 28/09/2023 61,538,463 $0.04 4,000,000 Issue of 5,000,000 shares @ $0.0600 per share to upon the exercise of options granted to Key Management Personnel (refer ASX announcement dated 8 November 2023) 8/11/2023 5,000,000 $0.06 300,000 Issue of 278,000,000 shares @ $0.0900 per share as part of placement with Oaktree Capital Management, L.P. Escrowed to 18 January 2024 (refer ASX announcement dated 18 January 2024) 18/01/2024 278,000,000 $0.09 25,307,297 Issue of 1,000,000 shares @ $0.0400 per share upon the exercise of unlisted options granted to employees (refer ASX announcement dated 1 May 2023) 2/02/2024 1,000,000 $0.04 40,000 Issue of 5,000,000 shares @ $0.0432 per share upon the exercise of unlisted options granted to sophisticated investors (refer ASX announcement 20 March 2024) 20/03/2024 5,000,000 $0.04 216,000 Issue of 205,940,008 shares @ $0.0450 per share to sophisticated investors as part of the May 2024 placement (refer ASX announcement dated 29 May 2024) 29/05/2024 205,940,008 $0.05 9,269,999 Issue of 542,384 shares @ $0.0461 per share for Senior Financial Advisor Service Fees (refer ASX announcement dated 28 June 2024) 28/06/2024 542,384 $0.05 25,004 Fair value of options exercised 962,893 Share issue costs (1,200,567) Balance as at 30 June 2024 2,065,288,465 68,338,429 1 July 2022 to 30 June 2023 Date Number of Shares Issue Price $ Balance b/fwd 1,344,186,938 22,192,705 Issue of 25,000,000 shares @ $0.040 per share to sophisticated investors as part of the October 2022 share placement (refer ASX announcement dated 7 November 2022) 07/11/2022 25,000,000 $0.040 1,000,000 Issue of 47,670,615 shares @ $0.040 per share to sophisticated investors as part of the October 2022 share placement (refer ASX announcement dated 10 November 2022) 10/11/2022 47,670,615 $0.040 1,906,825 Issue of 19,599,064 shares @ $0.040 per share to sophisticated investors as part of the October 2022 share placement (refer ASX announcement dated 14 November 2022) 14/11/2022 19,599,064 $0.040 783,962 Issue of 16,730,321 shares @ $0.040 per share to sophisticated investors as part of the October 2022 share placement (refer ASX announcement dated 15 November 2022) 15/11/2022 16,730,321 $0.040 669,213 Issue of 6,300,000 shares @ $0.040 per share to convertible note holders for annual interest payable on the convertible notes (refer ASX announcement dated 21 November 2022) 21/11/2022 6,300,000 $0.040 252,000 EQ Resources Limited Annual Report 2024 103
RkJQdWJsaXNoZXIy MjE2NDg3