Element 25 : Notification regarding unquoted securities - E25

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

Announcement Summary

Entity name

ELEMENT 25 LIMITED

Date of this announcement

Friday October 28, 2022

The +securities the subject of this notification are:

Other

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	Unlisted options	500,000	29/09/2022
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

1.1 Name of entity

ELEMENT 25 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	119711929
1.3	ASX issuer code
E25

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

28/10/2022

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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

Please specify

Issue 500,000 options exercisable at $1.2806 expiring 23 September 2027

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

New +securities
ASX +security code		+Security description
New class - code to be confirmed		Unlisted options
+Security type		ISIN code
Options

Date the +securities the subject of this notification were issued

29/9/2022

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://element25ltd-my.sharepoint.com/:b:/g/personal/mjordon_e25_com_au/EdSO5svxjKVJq8v9k31zQlABbLaCcoyd_zA-QSUH0HQ61w?e=ebJbzd

Options Details
+Security currency	Exercise price	Expiry date
AUD - Australian Dollar	AUD 1.28060000	23/9/2027

Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option

Other

Description

Option expiring 23 September 2027 at 1.2806

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

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

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

N/A

Issue details

Number of +securities

500,000

Were the +securities issued for a cash consideration?

No

Please describe the consideration being provided for the +securities

Nil

Purpose of the issue

To raise additional working capital

Notification of Issue, Conversion or Payment up of Unquoted

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