ALTAMIN LIMITED — Capital/Financing Update 2023

Dec 12, 2023

ENTITLEMENT OFFER CLOSING FRIDAY 15 DECEMBER 2023

HIGHLIGHTS

• 1:8 Entitlement Offer (Offer) to Eligible Shareholders will close on Friday 15 December 2023 at 5pm AWST, to raise up to ~$2.45 million.

• Significant portion of Offer proceeds will be applied to exploration activities. at the

  • Lazio Lithium Project in Italy.

• Altamin’s largest shareholder VBS Exchange Pty Ltd has confirmed they are applying for their full entitlement of New Shares and maximum Additional Shares that may be placed under the Shortfall Facility, subject to their permitted “creep” capacity and ASX Listing Rules requirements.

Altamin Limited ( Altamin or the Company) (ASX: AZI ) wishes to remind eligible shareholders that the Offer announced on 14 November 2023 will close shortly.

The Offer provides eligible shareholders the opportunity to subscribe for 1:8 New Shares at $0.05 per share and Additional Shares under a Shortfall Facility.

Directors have confirmed that there will be no extension of the closing date.

Eligible shareholders should ensure that they have submitted their application monies for entitlement shares and any additional shares by BPAY® or electronic funds transfer ( EFT ) so that it is received by no later than 5pm (AWST) this Friday, 15 December 2023 .

Authorised for release to the ASX by the Board.

Stephen Hills Company Secretary Altamin Limited info@altamin.com.au