ARROW MINERALS LTD — Share Issue/Capital Change 2023

Dec 21, 2023

22 December 2023

ASX Announcement

ASX: AMD

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DIRECTORS / OFFICERS Tommy McKeith Executive Chairman

Frazer Tabeart Non-Executive Director

Alwyn Vorster Non-Executive Director

Catherine Grant-Edwards & Melissa Chapman Joint Company Secretary

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Further information WEBSITE

www.arrowminerals.com.au Email

ISSUE OF SHARES

Arrow Minerals Limited (ASX: AMD) ( Arrow, Arrow Minerals, or the Company ) advises the issue of a total of 450,000,000 Placement Shares ( Shares ), being the Tranche 1 Placement securities referred to in the Company’s ASX Announcement dated 13 December 2023, following receipt of $450,000.

An Appendix 2A has been lodged together with this announcement.

Notice Under Section 708A(5)(e) of the Corporations Act 2001

In respect of the Shares, Arrow gives notice under section 708A(5)(e) of the Corporations Act 2001 (Cth) (Act) of the following:

1. The Shares were issued without disclosure under Part 6D.2 of the Act;

2. As at the date of this notice, the Company has complied with:

   • (a) the provisions of Chapter 2M of the Act as they apply to the Company; and

   • (b) section 674 and 674A of the Act; and

3. As at the date of this notice, there is no information to be disclosed which is excluded information (as defined in section 708A(7) of the Act) that is reasonable for investors and their professional advisers to expect to find in a disclosure document.

About Arrow Minerals

Arrow Minerals has a strategy of delivering long-term value to shareholders through the discovery and development of economic mineral deposits in West Africa. Arrow has beneficial rights of 33.3% in the Simandou North Iron Project, Guinea and a clear road map to extend these rights to 100% by delivering on key milestones (AMD ASX Announcement 30 August 2023). Arrow aims to systematically advance the Simandou North Iron Project over the coming months to identify areas of high-grade iron within the project area and realise the potential value released through the major infrastructural upgrades, rail and port, underway in the region.

Announcement authorised for release by the Board of Arrow Minerals.

For further information visit: www.arrowminerals.com.au or contact: info@arrowminerals.com.au

FOLLOW US

Twitter: https://twitter.com/arrowminerals LinkedIn: https://www.linkedin.com/company/arrow-minerals-limited

info@arrowminerals.com.au

Suite 5, 63 Hay Street, Subiaco WA 6008

Tel +61 (8) 9383 3330

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Arrow Minerals Limited ABN 49 112 609 846