APC MINERALS LIMITED — Capital/Financing Update 2021

Feb 25, 2021

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26 February 2021

ASX ANNOUNCEMENT ASX: APC

AUSTRALIAN POTASH LIMITED CLARIFICATION TO TRADING HALT REQUEST – PROJECT DEVELOPMENT DEBT FUNDING

Australian Potash Limited (ASX: APC) ( APC or the Company ) refers to its request for a trading halt this morning, which was requested pending an announcement by the Company to the market in relation to project development debt funding.

The Company requests that the trading halt remains in place until the earlier of the time it makes an announcement to the market about the project development debt funding and the commencement of trading on Tuesday, 2 March 2021. This paragraph replaces paragraph 2 of the trading halt request of this morning.

This release was authorised by the Managing Director & CEO of the Company.

For further information: Matt Shackleton Managing Director & CEO m.shackleton@australianpotash.com.au +61 (0) 438 319 841

Scott Nicholas

Chief Financial Officer s.nicholas@australianpotash.com.au +61 (0) 447 474 469

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