BALLYMORE RESOURCES LIMITED — Share Issue/Capital Change 2021

Dec 1, 2021

ASX Announcement

2 December 2021

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Section 708A Notice: Share Issue

ASX CODE: BMR

BOARD

Nick Jorss Chairman

David A-Izzeddin Technical Director

Andrew Gilbert Director – Operations

HEAD OFFICE

Suite 606 Level 6 10 Market St Brisbane QLD 4000

+617 3212 6299 ballymoreresources.com

Ballymore Resources Limited (“Ballymore” or “the Company”) hereby provides notice to the ASX for the purpose of section 708A(5)(e) of the Corporations Act 2001 (Cth) (Corporations Act) that it has issued 2,000,000 Ordinary Shares per the Appendix 2A lodged today.

The Company states pursuant to the provisions of section 708A(5)(e) of the Corporations Act that:

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

• this notice is being given under section 708A(5)(e) of the Corporations Act;

• ▪ as at the date of this notice, it has complied with the relevant provisions of Chapter 2M of the Corporations Act as they apply to the Company and Section 674 and 674A of the Corporations Act; and

• as at the date of this notice, there is no excluded information, as that term is defined in Sections 708A(7) and 708A(8) of the Corporations Act.

End

About Ballymore Resources

Ballymore Resources Limited is a minerals exploration company committed to the acquisition, identification, and delineation of new resource projects through active exploration. The Ballymore portfolio is focussed on copper and gold projects, with substantial tenement packages in north Queensland. Ballymore has three project areas at Dittmer, Ruddygore and Ravenswood. These consist of two granted Mining Leases (MLs), eleven granted Exploration Permits for Minerals (EPMs) and an EPM application covering an area of 1,355 km[2] .

Approved by the Board of Ballymore Resources Limited.

For further information:

Duncan Cornish

Company Secretary investors@ballymoreres.com

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