ASARA RESOURCES LIMITED — Share Issue/Capital Change 2021

Feb 14, 2021

15 February 2021

ISSUE OF CLEANSING NOTICE UNDER SECTION 708A CORPORATIONS ACT

Golden Rim Resources Ltd (ASX: GMR, Golden Rim or Company ) today issued 3,076,471 fully paid ordinary shares in the capital of the Company at a deemed issue price of $0.0108 per share under the Company’s Director and Employee Remuneration Share Plan.

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

Craig Mackay Managing Director

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

This announcement was authorised for release by the Managing 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