| Schedule of Movements in Issued Capital |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | Number of
Ordinary
Shares | | Number of
Class A
Performance
Shares | | Number of
Class B
Performance
Shares | | US$ | | Opening balance at June 30, 2023 | | 193,493,973 | | 19,800,000 | | 19,800,000 | | 58,764,248 | | | Issue of shares – share placements | | 43,476,381 | | - | | - | | 45,740,157 | | | Issue of shares – exercise of options | | 11,231,823 | | - | | - | | 4,335,005 | | | Issue of shares – conversion of RSUs | | 341,461 | | - | | - | | 225,734 | | | Issue of shares – conversion of rights | | 5,140,420 | | - | | - | | 2,757,730 | | | Issue of shares to consultants | | 554,538 | | - | | - | | 470,000 | | | Issue of shares to Blacksand in lieu of cash | | 3,006,163 | | - | | - | | 2,000,000 | | | Share issue costs | | - | | - | | - | | (1,333,236) | | | Closing balance at June 30, 2024 | | 257,244,759 | | 19,800,000 | | 19,800,000 | | 112,959,638 | Issue of shares – share placements | | 34,951,630 | | - | | - | | 70,919,564 | | | Issue of shares – exercise of options | | 1,525,000 | | - | | - | | 205,525 | | | Issue of shares – conversion of RSUs | | 1,639,496 | | - | | - | | 2,094,041 | | | Issue of shares – conversion of rights | | 24,273,335 | | - | | - | | 13,724,952 | | | Issue of shares to consultants | | 151,760 | | - | | - | | 470,262 | | | Issue of shares to Director in lieu of cash bonus | | 141,844 | | - | | - | | 250,000 | | | Conversion of performance shares | | 30 | | (19,800,000) | | - | | - | | | Share issue costs | | - | | - | | - | | (2,638,062) | | | Closing balance at June 30, 2025 | | 319,927,854 | | - | | 19,800,000 | | 197,985,920 | | Issue of shares – share placements | | 14,000,000 | | - | | | - | | 45,717,352 | | | Issue of shares – exercise of options | | 2,047,487 | | - | | | - | | 971,471 | | | Issue of shares – conversion of RSUs | | 1,540,516 | | - | | | - | | 2,234,348 | | | Issue of shares – conversion of rights | | 595,000 | | - | | | - | | 603,498 | | | Issue of shares – payment of expenses | | 1,273,179 | | - | | | - | | 5,230,000 | | | | | | | | | | | | Conversion of performance shares | | 30 | | - | | | (19,800,000) | | - | | | Share issue costs | | - | | - | | - | | (1,765,836) | | | Closing balance at June 30, 2026 | | 339,384,066 | | - | | - | | 250,976,753 | |
Note: Shares issued upon exercise of options are shown net of shares surrendered to settle the exercise price under net settlement arrangements.
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