ARCHER MATERIALS LIMITED — Capital/Financing Update 2019

Nov 11, 2019

ACN: 123 993 233

12 November 2019

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ASX Announcement (ASX: AXE )

Notice under ASIC Corporations (Share and Interest Purchase Plans) Instrument 2019/547

Archer Materials Limited (“Archer”, “Company ” ) refers to its announcement on 5 November 2019 whereby eligible shareholders will have the opportunity to purchase new Archer shares up to the value of $30,000 under a share purchase plan (“SPP ” ).

The Company intends to make offers under the proposed SPP on Tuesday, 12 November 2019 (being the opening date of the SPP). A SPP offer booklet with further details will be dispatched to eligible shareholders of the Company.

The SPP will be offered in accordance with ASIC Corporations (Share and Interest Purchase Plan) Instrument 2019/547 (“Instrument”). It is a condition of the Instrument that the Company gives ASX this notice within the 24-hour period before the SPP offer is made. Accordingly, Archer gives notice that:

1. The Company will make offers to issue shares under a Share Purchase Plan without disclosure to investors under Part 6D.2 of the Corporations Act 2001 (Cth) (“Act”).

2. This notice is given in accordance with the Instrument.

3. As at the date of this notice, the Company has complied with the provisions of Chapter 2M of the Act as they apply to the Company and section 674 of the Act.

4. As at the date of this notice, there is “no excluded information” within the meaning of sections 708A(7) and 708A(8) of the Act (as if this notice were a notice under paragraph 708A(5)(e) of the Act).

About Archer

Archer provides shareholders exposure to financial returns from innovative technologies and the materials that underpin them. The Company’s strategy is to build an industry-leading Materials Technology company, that delivers maximum value to shareholders through the commercialisation of assets at various stages of the materials lifecycle. Archer has strong intellectual property, broad-scope mineral tenements, world-class in-house expertise, a diverse advanced materials inventory, and access to over $300 million of R&D infrastructure.

ACN: 123 993 233

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For further information, please contact:

General Enquiries

Mr Greg English Executive Chairman

Mr Damien Connor Company Secretary

Tel: +61 8 8272 3288

For more information about Archer’s activities, please visit our:

Website: https://archerx.com.au/

Twitter: https://twitter.com/archerxau?lang=en YouTube: https://bit.ly/2UKBBmG Medium: https://medium.com/@ArcherX Sign up to our Newsletter: http://eepurl.com/dKosXI