ASTRAL RESOURCES NL — Capital/Financing Update 2023

Nov 21, 2023

ASX Announcement 22 November 2023

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CLEANSING NOTICE

SECTION 708A CLEANSING STATEMENT

This notice is given by Astral Resources NL ( Company ) under section 708A(5)(e) of the Corporations Act 2001 (Cth) ( Corporations Act ).

On 22 November 2023, the Company issued 728,916 fully paid ordinary shares to the Managing Director in lieu of cash short-term incentives awarded with respect to the year ended 30 June 2023 at a deemed issue price of $0.083 per share. The issue of shares was approved by shareholders at the Company’s Annual General Meeting held 17 November 2023, pursuant to Listing Rule 10.11).

(together, the Shares )

The Company hereby notifies ASX under section 708A(5)(e) of the Corporations Act that:

• a) the Company issued the Shares without disclosure to investors under Part 6D.2 of the Corporations Act;

• b) as at the date of this notice the Company has complied with:

  • i. the provisions of Chapter 2M of the Corporations Act as they apply to the Company; and

  • ii. sections 674 and 674A of the Corporations Act; and

• c) as at the date of this notice, there is no other information that is excluded information of the type referred to in section s708A(7) and 708A(8) of the Corporations Act which is required to be disclosed pursuant to section 708A(6)(e).

This announcement has been approved for release by the Company Secretary.

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Brendon Morton

Company Secretary

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