Pacific Nickel Mines : Notification regarding unquoted securities - PNM

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

Announcement Summary

For personal use only

Entity name

PACIFIC NICKEL MINES LIMITED

Date of this announcement

Thursday December 23, 2021

The +securities the subject of this notification are:

+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

Total number of +securities to be issued/transferred

		Total number of
ASX +security		+securities to be
code	Security description	issued/transferred	Issue date
New class - code	Performance Rights	6,400,000	22/12/2021
to be confirmed

Refer to next page for full details of the announcement

Notification of Issue, Conversion or Payment up of Unquoted

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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

PACIFIC NICKEL MINES 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
ABN	86075613268
1.3	ASX issuer code
PNM

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

23/12/2021

Notification of Issue, Conversion or Payment up of Unquoted

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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 securities issued under an +employee incentive scheme that are not intended to be quoted on ASX

For personal use only

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

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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

For personal use only

ASX +security code		+Security description
New class - code to be confirmed		Performance Rights
+Security type		ISIN code
Other

Date the +securities the subject of this notification were issued

22/12/2021

Will all the +securities issued in this class rank equally in all respects from their issue date? No

If some of the issued +securities do not rank equally:

Is the actual date from which the +securities will rank equally (non-ranking end date) known?

No

Provide the estimated non-ranking end period

All Performance Rights are rights to be issued an ordinary fully paid share for nil exercise price upon the satisfaction of vesting conditions/performance milestones. Not all of the Performance Rights will rank equally becaue they have differeing performance milestones.

Please state the extent to which the +securities do not rank equally:

In relation to the next dividend, distribution or interest payment; or

For any other reason

4,400,000 Performance Rights issued have same performance milestones.

2,000,000 Performance Rights isssue have different performance milestones

Were any of the +securities issued to +key management personnel (KMP) or an +associate? Yes

Provide details of the KMP or +associates being issued +securities.
Name of KMP		Name of registered holder	Number of +securities
			2,650,000
Geoff Hiller		Highshaw Pty Ltd
		A/C>

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued.

https://www.investi.com.au/api/announcements/pnm/9e096ae8-021.pdf

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 a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms

https://www.investi.com.au/api/announcements/pnm/9e096ae8-021.pdf

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

only
	Issue details
		Number of +securities
use	6,400,000
For personal

Notification of Issue, Conversion or Payment up of Unquoted

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