ALICANTO MINERALS LIMITED — Proxy Solicitation & Information Statement 2021

Aug 18, 2021

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ALICANTO MINERALS LIMITED - GENERAL MEETING

Notice is hereby given that a General Meeting of the Shareholders of Alicanto Minerals Limited (ASX: AQI) ( Company ) will be held at the offices of the Company at the Park Business Centre, 45 Ventnor Avenue, West Perth on Monday, 20 September 2021 at 10.00 AM (WST) ( Meeting ).

The Board has made the decision that it will hold a physical Meeting with the appropriate social gathering and physical distancing measures in place to comply with the Federal Government’s and State Government’s current restrictions for physical gatherings.

The Treasury Laws Amendment (2021 Measures No. 1) Act 2021 , amongst other things, facilitates electronic communication of notices of meeting. Accordingly, the Company will not be sending hard copies of the Notice of General Meeting ( Notice ) to Shareholders. Instead, a copy of the Notice is available on the ASX company announcements platform at www.asx.com.au under the ASX code of AQI.

If you have not elected to receive notices from the Company by email, a copy of your personalised proxy form will be sent to you by mail enclosed with this letter.

Shareholders are encouraged to submit proxy votes either online at meetings@automicgroup.com.au or by returning (where applicable) the enclosed proxy form as per the options below:

By post to: Automic GPO Box 5193 Sydney NSW 2001 In Person Automic Level 5, 126 Phillips Street Sydney NSW 2000 By facsimile to: +61 2 8583 3040 outside Australia By email: meetings@automicgroup.com.au

Your proxy voting instruction must be received by 10.00 AM (WST) on Saturday, 18 September 2021 being not less than 48 hours before the commencement of the Meeting. Any proxy voting instructions received after that time will not be valid for the Meeting.

The situation regarding COVID-19 is constantly evolving and accordingly, the Company may make alternative arrangements to the way in which the Meeting is held. If this occurs, we will notify any changes by way of an announcement on ASX and the details will also be made available on our website.

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CONTACT DETAILS T: +61 8 6279 9425 E: info@alicantominerals.com.au W: www.alicantominerals.com.au

ACN: 149 126 858 Principal and Registered Office Ground Floor, 24 Outram St West Perth WA 6005

ASX: AQI

Accordingly, the Board encourages shareholders to monitor the Company's website for any updates in relation to the Meeting that may need to be provided. In the meantime, the Board encourages shareholders to submit their proxies as early as possible, even if they intend to attend the meeting in person, as the situation may change (e.g. shareholders may be restricted from travelling or there may be restrictions on how the meeting itself may be held or conducted).

The Notice is important and should be read in its entirety. If you are in doubt as to the course of action you should follow, you should consult your financial adviser, lawyer, accountant or other professional adviser.

If you have any difficulties accessing the Notice please contact the Company’s share registry, Automic on 1300 288 664 (within Australia) or +61 2 9698 5414 (outside Australia).

For and on behalf of the Board.

Yours sincerely

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Michael Naylor Company Secretary

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