PuR Trading halt, page-16

PURSUIT MINERALS LTD

PURSUIT MINERALS LTD

ASXUR

Live Placement

Raising

$1.6M

Halt Price

$0.0540

Bids Due

23 hours

Instrument

Equity

Price

$0.0470

Discount to Close

12.96%

Options Ratio

1 : 2

Options Strike Price

$0.1000

Options Expire

33 months

Options Listing Condition

will be listed

Information on price provided by lead broker:

Placement price is $0.047/sh versus last close of $0.054 – a 13% discount

Options - Includes 1:2 free attaching listed options** (exercisable at $0.10 expiring October 31st 2021)

**to be issued on the same terms as the currently listed ASXUROA and subject to shareholder approval.

The options are currently trading at $0.015/sh, therefore represent $0.0075/sh value

This takes the placement entry down to ~$0.04/sh or a 26% discount to last close

Placement to raise up to $1.67m