Announcement PDF Appendix 3B - Proposed issue of securities Appendix 3B - Proposed issue of securities 1 / 8 Announcement Summary Entity name OD6 METALS LIMITED Announcement Type New announcement Date of this announcement 17/6/2026 The Proposed issue is: Total number of +securities proposed to be issued for a placement or other type of issue ASX +security code +Security description Maximum Number of +securities to be issued OD6 ORDINARY FULLY PAID 15,833,331 Proposed +issue date 23/9/2027 Refer to next page for full details of the announcement A placement or other type of issue Appendix 3B - Proposed issue of securities Appendix 3B - Proposed issue of securities 2 / 8 Part 1 - Entity and announcement details 1.1 Name of +Entity OD6 METALS LIMITED We (the entity named above) give ASX the following information about a proposed issue of +securities and, if ASX agrees to +quote any of the +securities (including any rights) on a +deferred settlement basis, we agree to the matters set out in Appendix 3B of the ASX Listing Rules. If the +securities are being offered under a +disclosure document or +PDS and are intended to be quoted on ASX, we also apply for quotation of all of the +securities that may be issued under the +disclosure document or +PDS on the terms set out in Appendix 2A of the ASX Listing Rules (on the understanding that once the final number of +securities issued under the +disclosure document or +PDS is known, in accordance with Listing Rule 3.10.3C, we will complete and lodge with ASX an Appendix 2A online form notifying ASX of their issue and applying for their quotation). 1.2 Registered Number Type ACN Registration Number 654839602 1.3 ASX issuer code OD6 1.4 The announcement is 1.5 Date of this announcement 17/6/2026 1.6 The Proposed issue is: A placement or other type of issue New announcement Appendix 3B - Proposed issue of securities Appendix 3B - Proposed issue of securities 3 / 8 Part 7 - Details of proposed placement or other issue Part 7A - Conditions 7A.1 Do any external approvals need to be obtained or other conditions satisfied before the placement or other type of issue can proceed on an unconditional basis? 7A.1a Conditions Approval/Condition +Security holder approval Date for determination 22/9/2027 Is the date estimated or actual? ** Approval received/condition met? Comments Milestone consideration payable to Sellers upon satisfaction of DA Milestones under Quinn acquisition agreement (which is subject to shareholder approval) - for further information see announcement dated 4 March 2026 Part 7B - Issue details Is the proposed security a 'New class' (+securities in a class that is not yet quoted or recorded by ASX) or an 'Existing class' (additional securities in a class that is already quoted or recorded by ASX)? Will the proposed issue of this +security include an offer of attaching +securities? Details of +securities proposed to be issued ASX +security code and description OD6 : ORDINARY FULLY PAID Number of +securities proposed to be issued 833,333 Offer price details Are the +securities proposed to be issued being issued for a cash consideration? Please describe the consideration being provided for the +securities Deemed value A$100,000 based on 10 Day VWAP ending on date of milestone satisfaction Please provide an estimate of the AUD equivalent of the consideration being provided for the +securities 100,000.000000 Will these +securities rank equally in all respects from their issue date with No No Existing class Estimated Yes Appendix 3B - Proposed issue of securities Appendix 3B - Proposed issue of securities 4 / 8 Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class? Is the proposed security a 'New class' (+securities in a class that is not yet quoted or recorded by ASX) or an 'Existing class' (additional securities in a class that is already quoted or recorded by ASX)? Will the proposed issue of this +security include an offer of attaching +securities? Details of +securities proposed to be issued ASX +security code and description OD6 : ORDINARY FULLY PAID Number of +securities proposed to be issued 1,458,333 Offer price details Are the +securities proposed to be issued being issued for a cash consideration? Please describe the consideration being provided for the +securities Deemed value A$175,000 based on 10 Day VWAP ending on date of milestone satisfaction Please provide an estimate of the AUD equivalent of the consideration being provided for the +securities 0.120000 Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class? Is the proposed security a 'New class' (+securities in a class that is not yet quoted or recorded by ASX) or an 'Existing class' (additional securities in a class that is already quoted or recorded by ASX)? Will the proposed issue of this +security include an offer of attaching +securities? Details of +securities proposed to be issued ASX +security code and description OD6 : ORDINARY FULLY PAID Number of +securities proposed to be issued 2,083,333 No Existing class Yes No No Existing class Yes Appendix 3B - Proposed issue of securities Appendix 3B - Proposed issue of securities 5 / 8 Offer price details Are the +securities proposed to be issued being issued for a cash consideration? Please describe the consideration being provided for the +securities Deemed value A$250,000 based on 10 Day VWAP ending on date of milestone satisfaction Please provide an estimate of the AUD equivalent of the consideration being provided for the +securities 0.120000 Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class? Is the proposed security a 'New class' (+securities in a class that is not yet quoted or recorded by ASX) or an 'Existing class' (additional securities in a class that is already quoted or recorded by ASX)? Will the proposed issue of this +security include an offer of attaching +securities? Details of +securities proposed to be issued ASX +security code and description OD6 : ORDINARY FULLY PAID Number of +securities proposed to be issued 3,125,000 Offer price details Are the +securities proposed to be issued being issued for a cash consideration? Please describe the consideration being provided for the +securities Deemed value A$375,000 based on 10 Day VWAP ending on date of milestone satisfaction Please provide an estimate of the AUD equivalent of the consideration being provided for the +securities 0.120000 Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class? Is the proposed security a 'New class' (+securities in a class that is not yet quoted or recorded by ASX) or an 'Existing class' (additional Will the proposed issue of this +security include an offer of attaching +securities? No Yes No No Existing class Yes No Appendix 3B - Proposed issue of securities Appendix 3B - Proposed issue of securities 6 / 8 or an 'Existing class' (additional securities in a class that is already quoted or recorded by ASX)? Details of +securities proposed to be issued ASX +security code and description OD6 : ORDINARY FULLY PAID Number of +securities proposed to be issued 4,166,666 Offer price details Are the +securities proposed to be issued being issued for a cash consideration? Please describe the consideration being provided for the +securities Deemed value A$500,000 based on 10 Day VWAP ending on date of milestone satisfaction Please provide an estimate of the AUD equivalent of the consideration being provided for the +securities 0.120000 Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class? Is the proposed security a 'New class' (+securities in a class that is not yet quoted or recorded by ASX) or an 'Existing class' (additional securities in a class that is already quoted or recorded by ASX)? Will the proposed issue of this +security include an offer of attaching +securities? Details of +securities proposed to be issued ASX +security code and description OD6 : ORDINARY FULLY PAID Number of +securities proposed to be issued 4,166,666 Offer price details Are the +securities proposed to be issued being issued for a cash consideration? No No Existing class Yes No Existing class Appendix 3B - Proposed issue of securities Appendix 3B - Proposed issue of securities 7 / 8 Please describe the consideration being provided for the +securities Deemed value A$500,000 based on 10 Day VWAP ending on date of milestone satisfaction Please provide an estimate of the AUD equivalent of the consideration being provided for the +securities 0.120000 Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class? Part 7C - Timetable 7C.1 Proposed +issue date 23/9/2027 Part 7D - Listing Rule requirements 7D.1 Has the entity obtained, or is it obtaining, +security holder approval for the entire issue under listing rule 7.1? 7D.1a Date of meeting or proposed meeting to approve the issue under listing rule 7.1 22/9/2027 7D.2 Is a party referred to in listing rule 10.11 participating in the proposed issue? 7D.3 Will any of the +securities to be issued be +restricted securities for the purposes of the listing rules? 7D.4 Will any of the +securities to be issued be subject to +voluntary escrow? Part 7E - Fees and expenses 7E.1 Will there be a lead manager or broker to the proposed issue? 7E.2 Is the proposed issue to be underwritten? 7E.4 Details of any other material fees or costs to be incurred by the entity in connection with the proposed issue Part 7F - Further Information 7F.01 The purpose(s) for which the entity is issuing the securities Milestone consideration payable to Sellers upon satisfaction of DA Milestones under Quinn acquisition agreement (which is subject to shareholder approval) - for further information see announcement dated 4 March 2026 7F.1 Will the entity be changing its dividend/distribution policy if the proposed issue proceeds? No No No No No Yes Yes Appendix 3B - Proposed issue of securities Appendix 3B - Proposed issue of securities 8 / 8 7F.1 Will the entity be changing its dividend/distribution policy if the proposed issue proceeds? 7F.2 Any other information the entity wishes to provide about the proposed issue Estimate of shares to be issued if each DA Milestone is met based on the closing price of $0.12 on 15.06.26 Under the terms of the acquisition agreement, the Seller may elect to take the DA Milestone consideration partly in cash, so the quantum of the shares to be issued may vary from the amounts set out in this Appendix 3B. Cash equivalent for each milestone then payable within 10 Business Days of milestone 7F.3 Any on-sale of the +securities proposed to be issued within 12 months of their date of issue will comply with the secondary sale provisions in sections 707(3) and 1012C(6) of the Corporations Act by virtue of: The publication of a cleansing notice under section 708A(5), 708AA(2)(f), 1012DA(5) or 1012DAA(2)(f) No