SOUTHERN PALLADIUM LIMITED - Section 708A(5)(e) Notice Allotment of 1,200,000 Shares

Section 708A(5)(e) Notice – Allotment of 1,200,000 Shares

Southern Palladium Limited
Incorporated in the Commonwealth of Australia
Australian Company Number 646 391 899
ASX share code: SPD
JSE share code: SDL
ISIN AU0000220808
("Southern Palladium" or "the Company")


Section 708A(5)(e) Notice – Allotment of 1,200,000 Shares


Southern Palladium Limited (ASX:SPD and JSE:SDL) ) ('Southern Palladium' or 'the Company) has today
completed an allotment of 1,200,000 ordinary fully paid shares upon conversion of Performance Rights
based on the achievement of the Initial Reserve Milestone (please refer to the Prospectus
lodged on 6 June 2022 for further details).

All of the shares issued will rank pari passu with existing ordinary shares of the Company.

In accordance with Section 708A (5)(e) of the Corporations Act 2001 (Act), the Company gives notice that:

•     The Company has issued these shares without disclosure to investors under Part 6D.2 of the Act;

•     As at the date of this notice, the Company has complied with:

      - the provisions of Chapter 2M of the Act as they apply to the Company; and
      - Sections 674 and 674A of the Act; and

•     As at the date of this notice there is no excluded information (as defined in Sections 708A (7) and
      708A(8) of the Act) which is required to be disclosed by the Company.


- End -


This announcement has been authorised by the Managing Director.

For further information, please contact:

Johan Odendaal
Managing Director
Southern Palladium
Phone: +27 82 557 6088
Email: johan.odendaal@southernpalladium.com


8 November 2024

JSE Sponsor
Merchantec Capital

Media & investor relations inquiries: Sam Jacobs, Six Degrees Investor Relations: +61 423 755 909

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Date: 08-11-2024 10:07:00
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