ASARA RESOURCES LIMITED — Capital/Financing Update 2021

Nov 29, 2021

30 November 2021

ISSUE OF CLEANSING NOTICE UNDER SECTION 708A CORPORATIONS ACT

Golden Rim Resources Ltd (ASX: GMR, Golden Rim or Company ) has issued 162,082 fully paid ordinary shares in the capital of the Company at an issue price of $0.0968 per share in lieu of cash for remuneration pursuant to the Company’s Director and Employee Remuneration Share Plan, to the value of $15,689.50.

The shares are part of a class of securities quoted on the ASX. The shares were issued without disclosure to the investor under Part 6D.2, in reliance on section 708A(5) of the Corporations Act 2001 (Cth) ( Corporations Act ).

As required by section 708A(5) of the Corporations Act, the Company advises:

1. the shares were issued without disclosure to investors under Part 6D.2 of the Corporations Act;

2. this notice is given pursuant to paragraph 5(e) of section 708A of the Corporations Act;

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

4. as at the date of this notice there is no information that is ‘excluded information’ (within the meaning of sections 708A(7) and 708A(8) of the Corporations Act) to be disclosed under section 708A(6)(e) of the Corporations Act.

-ENDS-

Contact Information:

Golden Rim Resources Ltd

ABN 39 006 710 774

Kathryn Davies Executive Director

+61 3 8677 0829 info@goldenrim.com.au

This announcement was authorised for release by Kathryn Davies, a Director of Golden Rim Resources Ltd.

GOLDEN RIM RESOURCES ASX:GMR

Level 23, Collins Square Tower Five, 727 Collins Street, Melbourne, VIC, 3008 T + 61 3 8677 0829 | E info@goldenrim.com.au | goldenrim.com.au