Reward Minerals Reports Expiry of 19.18 Million Options at $0.12 on 5 November 2026

Shwetambri Chauhan

06 November 2026 04:04 PM AEDT

Reward Minerals Reports Expiry of 19.18 Million Options at $0.12 on 5 November 2026

Image Source: Krish Capital Pty Ltd

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Reward Minerals Ltd (ASX:RWD) has disclosed that 19,183,216 unquoted options with an exercise price of $0.12, carrying the ASX security code RWDAD, ceased on 5 November 2026 following their expiry without exercise or conversion.

Key Points

19,183,216 options (RWDAD) expired on 5 November 2026 without being exercised or converted
The options carried an exercise price of $0.12 each
No consideration was paid by the entity for the cessation
Following the cessation, Reward Minerals has 280,819,570 ordinary fully paid shares on issue
1,000,000 unquoted options (RWDAF) expiring 30 October 2028 at $0.07 remain on issue

Cessation of RWDAD Options

According to the filing lodged on 6 November 2026, the RWDAD options — described as options expiring 5 November 2026 at an exercise price of $0.12 — ceased in their entirety on 5 November 2026. The stated reason for cessation was the expiry of the options without exercise or conversion. The filing confirms that no consideration was paid by Reward Minerals Ltd in connection with the cessation of these securities. The company did not provide any additional information regarding the cessation beyond the details contained in the Appendix 3H notification.

Issued Capital Following the Cessation

Following the cessation of the 19,183,216 RWDAD options, the total number of RWDAD options on issue is now zero. Reward Minerals' quoted equity securities comprise 280,819,570 ordinary fully paid shares (ASX code: RWD). Among unquoted equity securities, 1,000,000 options under the code RWDAF, expiring 30 October 2028 at an exercise price of $0.07, remain on issue. The filing notes that the figures disclosed may not reflect the entity's current issued capital if other Appendix forms are currently with ASX for processing.

Filing and Disclosure Details

The notification was filed by Reward Minerals Ltd under ASX Appendix 3H, which requires entities to disclose the cessation of securities. The company is registered with ABN 50009173602 and trades on the ASX under the issuer code RWD. The filing was submitted as a new announcement dated 6 November 2026, with the date of cessation recorded as 5 November 2026. The disclosure was made in accordance with ASX requirements for notifying changes to an entity's issued capital following the expiry or lapse of convertible securities.

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