Notification regarding unquoted securities - HMX

Total number of +securities to be

issued/transferred Issue date

1,000,000 21/12/2021

1,000,000 21/12/2021

1,000,000 21/12/2021

For personal use only

1.1 Name of entity

HAMMER METALS LIMITED

We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.

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

21/12/2021

For personal use only

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

Please specify

Issue of performance rights to the Company's Managing Director as approved at the Company's AGM

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")

For personal use only

Date the +securities the subject of this notification were issued

21/12/2021

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

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/2924-02440835-6A1058036?access_token=8 3ff96335c2d45a094df02a206a39ff4

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

Performance rights, expiring 21 December 2024, vesting upon the Company Announcing a new JORC 2021 compliant mineral resource estimate of 50,000 tonnes Cu or equivalent KPI at the sole discretion of the Board.

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

For personal use only

Were the +securities issued for a cash consideration?

No

Please describe the consideration being provided for the +securities

Issued as a long term incentive to the Company's Managing Director

Purpose of the issue

Other

Additional Details

Long term incentive

Date the +securities the subject of this notification were issued

21/12/2021

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

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/2924-02440835-6A1058036?access_token=8 3ff96335c2d45a094df02a206a39ff4

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

Performance rights, expiring 21 December 2024, vesting upon the Company Announcing a new JORC 2021 compliant mineral resource estimate of 100,000 tonnes Cu or equivalent KPI at the sole discretion of the Board.