Announcement PDF Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Announcement Summary Entity name DUNDAS MINERALS LIMITED Date of this announcement Friday September 01, 2023 The +securities the subject of this notification are: +Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B that are not quoted, and are not intended to be quoted, on ASX Total number of +securities to be issued/transferred ASX +security code Security description DUNAG ORDINARY FULLY PAID RESTRICTED Refer to next page for full details of the announcement Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 1/6 Total number of +securities to be issued/transferred Issue date 3,234,327 01/09/2023 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Part 1 - Entity and announcement details 1.1 Name of entity DUNDAS 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 14640432819 1.3 ASX issuer code DUN 1.4 The announcement is New announcement 1.5 Date of this announcement 1/9/2023 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 2/6 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: +Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B that are not quoted, and are not intended to be quoted, on ASX Previous Appendix 3B details: Announcement Date and Time Announcement Title Selected Appendix 3B to submit quotation request 30-Aug-2023 09:49 New - Proposed issue of securities DUN A placement or other type of issue 2.3a.2 Are there any further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B? No Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 3/6 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Part 3A - number and type of +securities the subject of this notification (existing class or new class) where issue has previously been notified to ASX in an Appendix 3B Placement Details ASX +security code and description DUNAG : ORDINARY FULLY PAID RESTRICTED Date the +securities the subject of this notification were issued 1/9/2023 Any other information the entity wishes to provide about the +securities the subject of this notification Securities subject to Voluntary ESCROW expiring 29 February 2024 Issue details Number of +securities 3,234,327 Were the +securities issued for a cash consideration? No Please describe the consideration being provided for the +securities An Option to purchase the Windanya and Baden-Powell tenements from Horizon Minerals Limited (ASX: HRZ), per DUN's ASX announcement of 30-08-2023. Total value of shares $250.000. Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 4/6 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 DUN : ORDINARY FULLY PAID 47,444,250 DUNO : OPTION EXPIRING 25-FEB-2024 28,421,447 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 DUNAG : ORDINARY FULLY PAID RESTRICTED 24,678,984 DUNAH : OPTION EXPIRING 01-JUL-2024 RESTRICTED 2,000,000 DUNAI : OPTION EXPIRING 01-JUL-2024 RESTRICTED 2,000,000 DUNAJ : OPTION EXPIRING 03-NOV-2024 RESTRICTED 3,000,000 DUNAK : OPTION EXPIRING 01-JUL-2026 RESTRICTED 2,000,000 DUNAL : OPTION EXPIRING 02-JUL-2026 RESTRICTED 2,000,000 DUNAM : OPTION EXPIRING 10-NOV-2026 RESTRICTED 1,000,000 DUNAN : OPTION EXPIRING 10-NOV-2026 RESTRICTED 1,000,000 DUNAO : OPTION EXPIRING 01-JUL-2026 EX $0.25 500,000 DUNAQ : OPTION EXPIRING 25-FEB-2024 EX $0.50 1,500,000 DUNAP : OPTION EXPIRING 01-JUL-2026 EX $0.30 500,000 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 5/6 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 6/6