BATTERY AGE MINERALS LTD — Share Issue/Capital Change 2021

Oct 17, 2021

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Suite 4.01, Level 4 105 St Georges Terrace Perth, WA 6000

T. +61 (8) 6102 8072 E. info@pathfinderresources.com.au

Managing Director Shannon Green

18 October 2021

Notification of Release of Restricted Securities from Escrow

Pursuant to ASX listing rule 3.10A, Pathfinder Resources Ltd (ASX:PF1) (“ Pathfinder ” or the “ Company ”) confirms that the following securities will be released from escrow on 28 October 2021:

• 3,224,771 Ordinary Fully Paid Shares

• 1,204,340 Class A Performance Shares

Non-Executive Chairman Sufian Ahmad

Non-Executive Director Hugh Callaghan

Non-Executive Director Stephen Windle

Company Secretary Ailsa Osborne

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• 1,204,339 Class B Performance Shares

The Company confirms the escrow provisions continue to apply to certain of the Company’s securities as follows:

Securities	Number	Restriction Period
Shares	4,847,153	Expiring 24 months fromthe date of quotation
Class A PerformanceShares	2,295,660	Expiring 24 months fromthe date of quotation
Class B PerformanceShares	2,295,661	Expiring 24 months fromthe date of quotation

Enquiries regarding this announcement can be directed to:

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Company Secretary Ailsa Osborne T. +61 (8) 6102 8072

This announcement has been approved by the Board of Pathfinder Resources Ltd.

For further information, please contact:

Shannon Green | Managing Director

Phone : +61 8 6102 8072 Email : info@pathfinderresources.com.au www.pathfinderresources.com.au

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Follow @PF1_Pathfinder on Twitter

Follow Pathfinder Resources on LinkedIn

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Forward Looking Statements

Information included in this release constitutes forward-looking statements. Often, but not always, forward looking statements can generally be identified by the use of forward-looking words such as “may”, “will”, “expect”, “intend”, “plan”, “estimate”, “anticipate”, “continue”, and “guidance”, or other similar words and may include, without limitation, statements regarding plans, strategies and objectives of management, anticipated production or construction commencement dates and expected costs or production outputs.

Forward looking statements inherently involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance and achievements to differ materially from any future results, performance or achievements. Relevant factors may include, but are not limited to, changes in commodity prices, foreign exchange fluctuations and general economic conditions, increased costs and demand for production inputs, the speculative nature of exploration and project development, including the risks of obtaining necessary licenses and permits and diminishing quantities or grades of reserves, political and social risks, changes to the regulatory framework within which the company operates or may in the future operate, environmental conditions including extreme weather conditions, recruitment and retention of personnel, industrial relations issues and litigation.

Forward looking statements are based on the Company and its management’s good faith assumptions relating to the financial, market, regulatory and other relevant environments that will exist and affect the Company’s business and operations in the future. The Company does not give any assurance that the assumptions on which forward looking statements are based will prove to be correct, or that the Company’s business or operations will not be affected in any material manner by these or other factors not foreseen or foreseeable by the Company or management or beyond the Company’s control.

Although the Company attempts and has attempted to identify factors that would cause actual actions, events or results to differ materially from those disclosed in forward looking statements, there may be other factors that could cause actual results, performance, achievements or events not to be as anticipated, estimated or intended, and many events are beyond the reasonable control of the Company. Accordingly, readers are cautioned not to place undue reliance on forward looking statements. Forward looking statements in these materials speak only at the date of issue. Subject to any continuing obligations under applicable law or any relevant stock exchange listing rules, in providing this information the company does not undertake any obligation to publicly update or revise any of the forward-looking statements or to advise of any change in events, conditions or circumstances on which any such statement is based.

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Suite 4.01, Level 4, 105 St Georges Terrace, Perth WA 6000 T. +61 (8) 6102 8072 E. info@pathfinderresources.com.au

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