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ARUMA RESOURCES LIMITED Capital/Financing Update 2023

Jun 6, 2023

64273_rns_2023-06-06_99386a31-a6c5-4af2-8b70-50a28b32498b.pdf

Capital/Financing Update

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ASX Announcement 7 June 2023

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Correction to Option Terms in Placement

Aruma Resources Limited (ASX: AAJ) ( Aruma or the Company ) advises that the expiry date for the free attaching options with an exercise price of $0.10 to be issued under the Placement (Placement Options) announced 2 June 2023, as well as the options to be issued to GBA Capital as lead manager to the Placement (Lead Manager Options), should be 30 June 2026 rather than 11 June 2026.

All other terms of the Placement Options and Lead Manager Options remain the same. The issue of the Placement Options and Lead Manager Options is subject to shareholder approval at a general meeting to be convened in the coming weeks.

Amended Appendix 3B for the Placement and issue of Placement Options and Lead Manager Options was lodged with the ASX on the date of this Announcement.

This announcement has been authorised for release by the Company Secretary of Aruma Resources Ltd.

ENDS For further information, please contact:

Glenn Grayson Managing Director Aruma Resources Limited Telephone: +61 8 9321 0177 Mobile: +61 408 596 374 E: [email protected]

James Moses Investor Relations

Mandate Corporate Mobile: +61 420 991 574 E: [email protected]

About Aruma Resources

Aruma Resources Limited (ASX: AAJ) is an ASX-listed minerals exploration company focused on the exploration and development of a portfolio of prospective gold and lithium projects, strategically located in major, active mineralised belts in Western Australia. Its core assets include the Mt Deans Lithium Project in the lithium corridor of south-eastern WA, the Salmon Gums Gold Project in the Eastern Goldfields and the multi-commodity Saltwater Project in the Pilbara region.

Aruma Resources Ltd ACN 141 335 364 ASX: AAJ

Issued Capital 156,961,503 Shares 9,066,669 Options

Board and Management

Principal Office 1[st] Floor, 2 Richardson Street West Perth WA 6005 T: + 61 8 9321 0177

JAMES MOSES – Non-Executive Chairman GLENN GRAYSON – Managing Director PETER SCHWANN – Non-Executive Director BRETT SMITH – Non-Executive Director

E: [email protected]

www.arumaresources.com