Announcement PDF Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Announcement Summary Entity name KINGSTON RESOURCES LIMITED Date of this announcement Thursday August 17, 2023 The +securities the subject of this notification are: Other Total number of +securities to be issued/transferred ASX +security code Security description Total number of +securities to be issued/transferred Issue date New class - code to be confirmed OPTION EXPIRING 31 JUL 2025 EX $0.14 32,127,928 17/08/2023 New class - code to be confirmed OPTIONS EXPIRING 31 JUL 2025 EX $0.14 5,123,459 17/08/2023 Refer to next page for full details of the announcement Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 1/8 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Part 1 - Entity and announcement details 1.1 Name of entity KINGSTON 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 ACN 009148529 1.3 ASX issuer code KSN 1.4 The announcement is New announcement 1.5 Date of this announcement 17/8/2023 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 2/8 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 Refer to the Appendix 3B dated 27.06.23. Issue of SPP Shortfall Options due to occur on 18.08.23. 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 Equity Securities 3/8 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 OPTION EXPIRING 31 JUL 2025 EX $0.14 +Security type ISIN code Options Date the +securities the subject of this notification were issued 17/8/2023 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://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02685127-6A1157756?access_token=8 3ff96335c2d45a094df02a206a39ff4 Options Details +Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.14000000 31/7/2025 Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option Other Description Fully Paid Ordinary Shares Any other information the entity wishes to provide about the +securities the subject of this notification Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 4/8 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 Issue of T1 & T2 Placement Options was notified in the Appendix 3B dated 27 June 2023. Issue details Number of +securities 32,127,928 Were the +securities issued for a cash consideration? No Please describe the consideration being provided for the +securities The Placement Options will be offered for nil cash consideration as they are attaching Options on the basis of one attaching Placement Option for every 2 Placement Shares issued under the offer. Purpose of the issue To raise additional working capital New +securities ASX +security code +Security description New class - code to be confirmed OPTIONS EXPIRING 31 JUL 2025 EX $0.14 +Security type ISIN code Options Date the +securities the subject of this notification were issued 17/8/2023 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://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02685127-6A1157756?access_token=8 3ff96335c2d45a094df02a206a39ff4 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 5/8 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Options Details +Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.14000000 31/7/2025 Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option Other Description Fully Paid Ordinary Shares Any other information the entity wishes to provide about the +securities the subject of this notification 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 Issue of SPP Options was notified in the Appendix 3B dated 27 June 2023. Issue of 5,882,352 SPP Shortfall Options will occur on or around 18 August 2023. Issue details Number of +securities 5,123,459 Were the +securities issued for a cash consideration? No Please describe the consideration being provided for the +securities Nil cash consideration. Shareholders who participated in the SPP were also offered one free SPP Option for every two SPP Shares issued. Purpose of the issue To raise additional working capital Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 6/8 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Part 4 - +Securities on issue Following the issue, conversion or payment up of the +securities the subject of this application, the +securities of the entity will comprise: (A discrepancy in these figures compared to your own may be due to a matter of timing if there is more than one application for quotation/issuance currently with ASX for processing.) 4.1 Quoted +Securities (Total number of each +class of +securities quoted) Total number of +securities on issue ASX +security code and description KSN : ORDINARY FULLY PAID 473,156,642 4.2 Unquoted +Securities (Total number of each +class of +securities issued but not quoted on ASX) Total number of +securities on issue ASX +security code and description KSNAAA : WARRANTS EXPIRING 07-JUL-2027 EX $0.20 25,000,000 KSNAK : OPTION EXPIRING 31-AUG-2024 EX NIL 2,343,015 KSNAR : PERFORMANCE RIGHTS STI EXPIRING 31-AUG-2023 6,785,845 KSNAS : OPTIONS EXPIRING 31-AUG-2028 EX NIL 5,171,621 KSNAN : OPTION EXPIRING 14-DEC-2024 EX NIL 326,233 New class - code to be confirmed : OPTION EXPIRING 31 JUL 2025 EX $0.14 32,127,928 New class - code to be confirmed : OPTIONS EXPIRING 31 JUL 2025 EX $0.14 5,123,459 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 7/8 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Part 5 - Other Listing Rule requirements 5.1 Were the +securities issued under an exception in Listing Rule 7.2 and therefore the issue did not need any security holder approval under Listing Rule 7.1? No 5.2 Has the entity obtained, or is it obtaining, +security holder approval for the issue under listing rule 7.1? Yes 5.2a Date of meeting or proposed meeting to approve the issue under listing rule 7.1 14/8/2023 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 8/8