American West Metals Ltd.ASX: AW1

Notification regarding unquoted securities - AW1

· Issued by American West Metals Ltd.

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

Announcement Summary

For personal use only

Entity name

AMERICAN WEST METALS LIMITED

Date of this announcement

Tuesday March 22, 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 Exercisable at $0.30 on or before

1,000,000

21/03/2022

to be confirmed

3 years from the date of issue

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

AMERICAN WEST METALS 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

645960550

1.3

ASX issuer code

AW1

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

22/3/2022

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 2 - Issue details

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

For personal use only

Please specify

The Appendix 3B was lodged on 28 January 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 Options Exercisable at $0.30 on or before 3 years

from the date of issue

+Security type

ISIN code

use

Options

Date the +securities the subject of this notification were issued

21/3/2022

Will all the +securities issued in this class rank equally in all respects from their issue date?

No

If some of the issued +securities do not rank equally:

personal

Is the actual date from which the +securities will rank

equally (non-ranking end date) known?

No

Provide the estimated non-ranking end period

On exercise

Please state the extent to which the +securities do not rank equally:

In relation to the next dividend, distribution or interest payment; or

For any other reason

Unlisted Options

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

For

issued.

Options Details

+Security currency

Exercise price

Expiry date

AUD - Australian Dollar

AUD 0.30000000

21/3/2025

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

Other

Notification of Issue, Conversion or Payment up of Unquoted

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

Description

Unlisted Options exercisable at $0.30 on or before 3 years from the date of issue

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

only

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

Appendix 3B lodged on 28 January 2022

Issue details

For personal use

Number of +securities

1,000,000

Were the +securities issued for a cash consideration?

No

Please describe the consideration being provided for the +securities

For services rendered to the Company

Purpose of the issue

To pay for services rendered

Additional Details

Notification of Issue, Conversion or Payment up of Unquoted

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