Beacon Minerals expands quoted securities after option conversion

Beacon Minerals Limited today announced a new application for the quotation of 16,366 additional ordinary fully paid securities. These securities are a result of the exercise and conversion of existing options, specifically BCNOD: OPTION EXPIRING 05-NOV-2029. The conversion took place on October 17, 2025, and the new shares will rank equally with existing issued securities.

The options were exercised for a cash consideration of AUD 1.20 per security. Following this quotation, the total number of ordinary fully paid securities on issue for Beacon Minerals Limited will increase to 105,743,480. The company also retains 13,260,505 unquoted options (BCNOD).

This announcement, effective October 17, 2025, signifies an expansion of the company's quoted capital base, reflecting the conversion of existing convertible instruments into ordinary shares. The process adheres to Appendix 2A of the ASX Listing Rules, indicating a standard operational update for the entity.