Announcement PDF Appendix 3B - Proposed issue of securities Appendix 3B - Proposed issue of securities 1 / 5 Announcement Summary Entity name TUSKER MINERALS LTD Announcement Type New announcement Date of this announcement 17/4/2026 The Proposed issue is: Total number of +securities proposed to be issued for a bonus issue ASX +security code +Security description Maximum Number of +securities to be issued New class-code to be confirmed Bonus Loyalty Options 15,251,040 Ex date 22/4/2026 +Record date 23/4/2026 +Issue date 30/4/2026 Refer to next page for full details of the announcement A bonus issue Appendix 3B - Proposed issue of securities Appendix 3B - Proposed issue of securities 2 / 5 Part 1 - Entity and announcement details 1.1 Name of +Entity TUSKER MINERALS 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 663592318 1.3 ASX issuer code TSK 1.4 The announcement is 1.5 Date of this announcement 17/4/2026 1.6 The Proposed issue is: A +bonus issue New announcement Appendix 3B - Proposed issue of securities Appendix 3B - Proposed issue of securities 3 / 5 Part 2 - Details of proposed bonus issue Part 2A - Conditions 2A.1 Do any external approvals need to be obtained or other conditions satisfied before the +bonus issue can proceed on an unconditional basis? Part 2B - Issue details +Class or classes of +securities that will participate in the proposed issue and +class or classes of +securities proposed to be issued ASX +security code and description TSK : ORDINARY FULLY PAID 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? If the entity has quoted company options, do the terms entitle option holders to participate on exercise? Details of +securities proposed to be issued ISIN Code (if Issuer is a foreign company and +securities do not have +CDIs issued over them) Have you received confirmation from ASX that the terms of the proposed +securities are appropriate and equitable under listing rule 6.1? Will the entity be seeking quotation of the 'new' class of +securities on ASX? ASX +security code New class-code to be confirmed +Security description Bonus Loyalty Options +Security type Options Issue ratio (ratio to existing holdings at which the proposed +securities will be issued) The quantity of additional +securities to be issued 1 For a given quantity of +securities held 7 What will be done with fractional Maximum number of +securities proposed to be issued (subject to Yes No No No New class No Appendix 3B - Proposed issue of securities Appendix 3B - Proposed issue of securities 4 / 5 What will be done with fractional entitlements? Fractions rounded down to the nearest whole number or fractions disregarded proposed to be issued (subject to rounding) 15,251,040 Will all the +securities issued in this class rank equally in all respects from their issue date? Options details +Security currency AUD - Australian Dollar Exercise price AUD 0.1500 Expiry date 29/4/2029 Details of the type of +security that will be issued if the option is exercised TSK : ORDINARY FULLY PAID Number of securities that will be issued if the option is exercised If all the options are exercised, a total of 15,251,040 shares will be issued Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities proposed to be issued or provide the information by separate announcement. https://www.asx.com.au/markets/company/TSK Part 2C - Timetable 2C.1 +Record date 23/4/2026 2C.3 Ex date 22/4/2026 2C.4 Record date 23/4/2026 2C.5 +Issue date 30/4/2026 2C.6 Date trading starts on a normal T+2 basis 1/5/2026 2C.7 First settlement of trades conducted on a +deferred settlement basis and on a normal T+2 basis 5/5/2026 Yes Appendix 3B - Proposed issue of securities Appendix 3B - Proposed issue of securities 5 / 5 Part 2D - Further Information 2D.1 Will holdings on different registers or subregisters be aggregated for the purposes of determining entitlements to the +bonus issue? 2D.2 Countries in which the entity has +security holders who will not be eligible to participate in the proposed +bonus issue Shareholders who are registered holders of shares in the Company at the Record Date and who have a registered address in Australia or New Zealand, or are otherwise eligible to participate in accordance with applicable legal and regulatory requirements 2D.3 Will the entity be changing its dividend/distribution policy as a result of the proposed +bonus issue 2D.4 Details of any material fees or costs to be incurred by the entity in connection with the proposed +bonus issue No material fees or costs 2D.5 Any other information the entity wishes to provide about the proposed +bonus issue No No No