Notice of Expiry of Listed Options
Released
Released
Announcement PDF
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2 April 2026
ASX Limited
Announcements
NOTICE OF EXPIRY OF LISTED OPTIONS
Hastings Technology Metals Ltd (ASX:HAS) (Company) advises that the attached letter and notice of exercise
of options form has been sent to registered holders of the Company’s listed options (ASX: HASO) (“Options”)
advising that the Options which are exercisable at $0.4896 each will expire at 5:00pm WST on 1 May 2026
(“Expiry Date”).
Official quotation of the Options on ASX will cease at close of trading on Monday, 27 April 2026, being four
business days prior to the expiry date.
Holders of the Options can exercise all or part of their Options prior to the Expiry Date by providing the
Company a completed notice of exercise of options form specifying the number of Options being exercised
and the required payment of funds.
Hastings recently announced a transformative strategic acquisition — the binding Term Sheet with Enuo
Holdings Pte Ltd to acquire a 49% interest in a fully-permitted hydrometallurgical Mixed Rare Earth Chloride
processing facility in Kabin Buri, Thailand.
• Majority board control and total consideration capped at US$15 million.
• Thai Plant is ready for commissioning, with Q4 CY2026 targeted for initial MREC production of
approximately 5,000 tpa using third-party feedstock.
• Provides Hastings with a capital-efficient, near-term pathway to production and cash flow ahead of the
Yangibana Joint Venture reaching Final Investment Decision.
Full details are set out in the Company's ASX announcement dated 31 March 2026, available at
www.hastingstechmetals.com and on the ASX platform.
Authorised by the Board for release to the ASX.
Yours faithfully
Guy Robertson
Company Secretary
Page 1 of 2
2 April 2026
ASX Limited
Announcement
NOTICE OF EXPIRY OF LISTED OPTIONS
Hastings Technology Metals Ltd (ASX:HAS) (Company) wishes to advise that you are the registered holder of
listed options (ASX: HASO) (Options) in the Company.
The Options are exercisable at $0.4896 each and expire at 5:00pm (WST) on 1 May 2026 (Expiry Date). There
is no obligation for Option Holders to exercise their Options. However, under paragraph 5.2 of Appendix 6A
of the ASX Listing Rules, the Company is required to advise Option Holders of the information contained in
this notice.
The courses of action available to you as a holder of these soon to expire Options are:
a) Exercise your Options
If you wish to exercise your Options, you must complete the instructions set out in the “Notice of
Exercise of Options” (Notice of Exercise) form accompanying this letter and provide the completed
Notice of Exercise together with payment of $0.4896 per Option on or before 5:00pm (WST) on 1
May 2026.
b) Sell your Options
The official quotation of the Options on ASX will cease at close of trading on Monday, 27 April 2026,
being four business days prior to the expiry date.
c) Do nothing and allow your Options to expire
If you do not exercise or sell your Options in the manner described above, they will expire at 5:00pm
(WST) on 1 May 2026 and your right to subscribe for ordinary shares in the Company at $0.4896 per
share will lapse.
The market sale price of ordinary shares in Hastings on the ASX was $0.50 on Friday, 28 March 2026, being
two trading days prior to the date of this notice.
During the three (3) months preceding the date of this notice:
• The highest market sale price of ordinary shares on the ASX was $0.655 on 21 January 2026; and
• The lowest market sale price of ordinary shares on the ASX was $0.405 on 23 March 2026
The total number of Options on issue is 16,090,753.
On exercise, each Option entitles the holder to receive one fully paid ordinary share in the capital of the
Company. If all of the Options on issue are exercised, 16,090,753 fully paid ordinary shares in the capital of
the Company will be issued.
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If you have any further questions, please do not hesitate to email guy.robertson@hastingstechmetals.com
Yours faithfully
Guy Robertson
Company Secretary
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