Details of Proposed Placement Share Issue

Appendix 3B - Proposed issue of securities
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Announcement Summary
Entity name
MANUKA RESOURCES LTD.
Announcement Type
New announcement
Date of this announcement
21/10/2025
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 o
f
+securities to be issued
MKRORDINARY FULLY PAID200,000,000
Proposed +issue date
2/12/2025
Refer to next page for full details of the announcement
A placement or other type of issue

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Part 1 - Entity and announcement details
1.1 Name of +Entity
MANUKA RESOURCES LTD.
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
611963225
1.3 ASX issuer code
MKR
1.4 The announcement is
1.5 Date of this announcement
21/10/2025
1.6 The Proposed issue is:
A placement or other type of issue
New announcement

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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
27/11/2025
Is the date estimated or
actual?
** Approval
received/condition met?
No
Comments
The Placement is being completed in two tranches - Tranche 2 is subject to Shareholder approval.
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
MKR : ORDINARY FULLY PAID
Number of +securities proposed to be issued
200,000,000
Offer price details
Are the +securities proposed to be issued being issued for a cash
consideration?
In what currency is the cash
consideration being paid?
AUD - Australian Dollar
What is the issue price per
+security?
AUD 0.07500
Will these +securities rank equally in all respects from their issue date with
the existing issued +securities in that class?
Yes
Yes
No
Existing class
Actual
Yes

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Part 7C - Timetable
7C.1 Proposed +issue date
2/12/2025
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.1b Are any of the +securities proposed to be issued without +security holder approval using the entity's 15%
placement capacity under listing rule 7.1?
7D.1b ( i ) How many +securities are proposed to be issued without security holder approval using the entity's 15%
placement capacity under listing rule 7.1?
34,400,000
7D.1c Are any of the +securities proposed to be issued without +security holder approval using the entity's
additional 10% placement capacity under listing rule 7.1A (if applicable)?
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.1a Who is the lead manager/broker?
Bell Potter Securities Limited
7E.1b What fee, commission or other consideration is payable to them for acting as lead manager/broker?
6% on the funds raised comprised of a 2% management fee and 4% selling fee.
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
No
Yes
No
No
No
No
Yes
No

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Part 7F - Further Information
7F.01 The purpose(s) for which the entity is issuing the securities
Accelerating production at the Wonawinta Silver Mine, exploration drilling at Mr Boppy Gold Mine, paymnet of long dated
creditors, repayment of debt, costs of the Offer and general working purposes.
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
Please refer to the ASX Announcement released on 21 October 2025.
7F.3 Any on-sale of the +securities proposed to be issued within 12 months of their date of issue will comply with
the secondarysaleprovisions in sections 707(3)and 1012C(6)of the Corporations Act byvirtue of:
The publication of a cleansing notice under section 708A(5), 708AA(2)(f), 1012DA(5) or 1012DAA(2)(f)
No
The publication of a cleansing notice under section 708A(5), 708AA(2)(f), 1012DA(5) or 1012DAA(2)(f)
No