Capital Structure

Peak Minerals (PUA) maintains a high degree of financial discipline with a solid capital structure in place to ensure the Company can achieve its strategic goals.

Number

Type

Listed

614,702,652

Ordinary Fully Paid Shares

199,079,099

PUAOD Listed Options, exercisable at $0.025, expiring 30 December 2022

20,000,000

PUAAC Unlisted Options, exercisable at $0.0331, expiring 30 December 2022 [Directors' options]

1,000,000

PUAAD Unlisted Options, exercisable at $0.0465, expiring 30 December 2022 [J Shanahan options]

40,000,000

PUAAE unlisted options, exercisable at $0.05 (5 cents) per option, expiring on 21 December 2023 (30,000,000 of these
options vest subject to various vesting conditions)

15,000,000

PUAAF unlisted options, exercisable at $0.05 (5 cents) per option, expiring on 31 December 2023 (The options will vest
subject to various vesting conditions)

5,000,000

PUAAG unlisted Performance Rights expiring on 4 February 2024

As at 17 February 2021