Issue of Shares

ISSUE OF SHARES

GreenX Metals Limited (GreenX or Company) advises that it has issued 598,235 ordinary fully paid shares (Shares) to a consultant in lieu of cash.

An application will be made for the admission of 598,235 Shares to the Equity shares (international commercial companies secondary listing) listing segment of the Official List of the FCA (Official List) and to trading on the main market of the London Stock Exchange for listed securities (LSE Admission). LSE Admission is expected in due course.

For the purposes of the Financial Conduct Authority's Disclosure Guidance and Transparency Rules (DTRs), following LSE Admission, the Company's issued ordinary share capital will be 311,328,979 ordinary shares. The above figure of 311,328,979 may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company following LSE Admission.

GreenX has the following securities on issue:

• 311,328,979 ordinary fully paid shares;
• 11,000,000 performance rights that have an expiry date 8 October 2026;
• 5,525,000 unlisted options exercisable at A$0.55 each on or before 30 November 2026;
• 7,100,000 unlisted options exercisable at A$1.05 each on or before 31 May 2029; and
• 7,100,000 unlisted options exercisable at A$1.20 each on or before 31 May 2030.