Strategic Energy Resources : Notification regarding unquoted securities - SER

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

Announcement Summary

For personal use only

Entity name

STRATEGIC ENERGY RESOURCES LIMITED

Date of this announcement

Tuesday February 08, 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
SERAE	OPTION EXPIRING VARIOUS DATES EX	500,000	08/02/2022
	VARIOUS PRICES

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

STRATEGIC ENERGY 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
ABN	14051212429
1.3	ASX issuer code
SER

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

8/2/2022

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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

Options issued to an employee of the Company with various vesting conditions.

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:

has an existing ASX security code ("existing 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 3B - number and type of +securities the subject of this notification (existing class) where issue has not previously been notified to ASX in an Appendix 3B

For personal use only

Additional +securities in an existing class

ASX +security code and description

SERAE : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES

Date the +securities the subject of this notification were issued

8/2/2022

Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class

Yes

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

300,000 Performance Options issued which will vest upon meeting various vesting conditions and 200,000 Retention Options which will vest upon the employee retaining their position with the entity for a certain period.

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

Options issued to an employee of the Company with various vesting conditions.

Notification of Issue, Conversion or Payment up of Unquoted

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

Issue details

For personal use only

Number of +securities

500,000

Were the +securities issued for a cash consideration?

No

Please describe the consideration being provided for the +securities

300,000 Performance Options issued which will vest upon meeting various vesting conditions and 200,000 Retention Options which will vest upon the employee retaining their position.

Purpose of the issue

To pay for services rendered

Additional Details

Nil

Notification of Issue, Conversion or Payment up of Unquoted

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