Goodey Elodie Grant - 09 May 2023 Form 4 Insider Report for RCF Acquisition Corp. (RCFA)

Role: Director
Signature: By: /s/ Jordan Leon, Attorney-in-Fact
Issuer symbol: RCFA
Transactions as of: 09 May 2023
Net transactions value: $0
Form type: 4
Filing time: 10 May 2023, 18:17:40 UTC
Previous filing: 09 Nov 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RCFA	Class A Ordinary Shares	Conversion of derivative security		+30,000			30,000	09 May 2023	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	RCFA	Class B Ordinary Shares	Conversion of derivative security	$0	-30,000	-100%	$0.000000^*	0	09 May 2023	Class A Ordinary Shares	30,000		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	In accordance with the amended and restated memorandum and articles of association of RCF Acquisition Corp. ("RCFA"), Elodie Grant Goodey elected to convert her Class B ordinary shares of RCFA, par value $0.0001 per share (the "Class B Ordinary Shares") into Class A ordinary shares of RCFA, par value $0.0001 per share (the "Class A Ordinary Shares") on a one-for-one basis for no consideration.
F2	The Class B Ordinary Shares were (i) convertible into Class A Ordinary Shares at the Ms. Goodey's election on a one-for-one basis and (ii) automatically convertible into Class A Ordinary Shares at the time of the closing of RCFA's initial business combination on a one-for-one basis, in each case subject to adjustment pursuant to certain anti-dilution rights, and had no expiration date.