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ATHENA RESOURCES LIMITED Capital/Financing Update 2021

Aug 1, 2021

64341_rns_2021-08-01_9de5f808-d90d-44c5-a3c8-ea4cd982c53a.pdf

Capital/Financing Update

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2 August 2021

The Company Announcements Office Australian Stock Exchange Limited 4 Floor, Bridge Street SYDNEY, NSW 2000

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PLACEMENT IN SATISFACTION OF OUTSTANDING FEES

Further to the announcement dated 30 July, Results of General Meeting, Athena Resources Limited (ASX:AHN) ( Athena ) is pleased to announce that it has completed a placement of 70,900,000 fully paid ordinary Athena shares at an issue price of $0.008 each to settle outstanding fees of $567,200 as approved by shareholders under Resolutions 3,4,5 and 6 of the General Meeting.

The Placement Shares will be issued today and are cleansed under Section 708A(11)(b)(ii) of the Corporations Act.

Authorised by the Board.

E W Edwards Executive Director

ATHENA RESOURCES LIMITED

Shareholder queries: Ed Edwards, Executive Director, [email protected]

Athena Resources Limited

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Level 2 І 46-50 Kings Park Road І West Perth І Western Australia І 6005 PO Box 1970 І West Perth І Western Australia І 6872 Ph +61 (0)8 9307 7902 E [email protected] W athenaresources.com.au