Battery Minerals : Notification regarding unquoted securities - BAT

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

	Announcement Summary
only	Entity name
BATTERY MINERALS LIMITED
		Date of this announcement
		Wednesday March 02, 2022
		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	Unlisted zero exercise price options subject to
		to be confirmed	certain performance hurdles expiring on
personalFor		31/01/2027
Refer to next page for full details of the announcement

Total number of +securities to be

issued/transferred Issue date

170,000,000 02/03/2022

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

BATTERY MINERALS 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	75152071095
1.3	ASX issuer code
BAT

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

2/3/2022

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

Part 2 - Issue details

For personal use only

2.1 The +securities the subject of this notification are: Other

Please specify

Zero exercise price options issued following shareholder approval received on 28 Feb 2022

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

only	New +securities
ASX +security code			+Security description
	New class - code to be confirmed			Unlisted zero exercise price options subject to certain
				performance hurdles expiring on 31/01/2027
	+Security type			ISIN code
use	Options
Date the +securities the subject of this notification were issued
	2/3/2022
	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?
	Yes
	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/bat/a16b002e-442.pdf
Options Details
	+Security currency	Exercise price		Expiry date
	AUD - Australian Dollar	AUD 0.00000000	31/1/2027
	Details of the existing class of +security that will be issued upon exercise or conversion of this new class of
For	company option
BATAY : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES
Any other information the entity wishes to provide about the +securities the subject of this notification

Unlisted zero exercise price options subject to certain performance hurdles expiring on 31/01/2027

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

Issued pursuant to shareholder approval received on 28 Feb 2022. See Notice of General Meeting released to ASX on 27 Jan 2022.

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

Issue details

For personal use only

Number of +securities

170,000,000

Were the +securities issued for a cash consideration?

No

Please describe the consideration being provided for the +securities

Zero exercise price options issued as an incentive to directors following shareholder approval on 28 Feb 2022 at a Nil issue price

Purpose of the issue

Other

Additional Details

Issued as an incentive to directors following shareholder approval on 28 Feb 2022

Notification of Issue, Conversion or Payment up of Unquoted

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