1,180,000 Performance Rights of North Stawell Minerals Limited are subject to a Lock-Up Agreement Ending on 24-SEP-2022. These Performance Rights will be under lockup for 732 days starting from 22-SEP-2020 to 24-SEP-2022.

Details:
The ASX may, as a condition of granting the Company's application for Official Quotation of its Shares, classify certain Shares of the Company as restricted securities. If so, prior to official quotation of the Company's Shares, the holders of the Shares that are to be classified as restricted securities will be required to enter into appropriate restriction agreements with the Company and an escrow agent.

80,000,000 fully paid ordinary shares classified by ASX as restricted securities and to be held in escrow until September 24, 2022, being 24 months from the date of commencement of Official Quotation.

1,180,000 performance rights each with a nil exercise price, expiring July 28, 2022 classified by ASX as restricted securities and to be held in escrow until September 24, 2022, being 24 months from the date of commencement of Official Quotation.