BLACK ROCK MINING LIMITED — Share Issue/Capital Change 2021

Aug 22, 2021

ASX ANNOUNCEMENT 23 August 2021

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Cleansing Notice

Tanzanian graphite developer Black Rock Mining Limited (ASX:BKT) ( Black Rock or the Company ) confirms that on 23 August 2021 it completed the issue of 62,139 fully paid ordinary shares in the capital of the Company. This share issue was pursuant to the exercise of options at $0.084 per option.

The Company gives notice pursuant to section 708A(5)(e) of the Corporations Act 2001 (Cth) (Corporations Act) that:

1. the Company issued the Shares without disclosure under Part 6D.2 of the Corporations Act; and

2. as at the date of this notice, the Company has complied with:

3. (a) the provisions of Chapter 2M of the Corporations Act as they apply to the Company; and (b) section 674 of the Corporations Act; and

4. as at the date of this notice, there is no information to be disclosed which is excluded information (as defined in sections 708A(7) and 708A(8) of the Corporations Act) that is reasonable for investors and their professional advisers to expect to find in a disclosure document. ‘Excluded Information’ is information:

5. (a) that has been excluded from a continuous disclosure notice in accordance with the ASX Listing Rules; and

6. (b) that investors and their professional advisers would reasonably require for the purpose of making an informed assessment of:

   • (i) the assets and liabilities, financial position and performance, profits and losses and prospects of the Company; or

   • (ii) the rights and liabilities attaching to the Shares.

This ASX release was authorised on behalf of the Black Rock Board

John de Vries, Managing Director & CEO

For more information:

John de Vries Chief Executive Officer Black Rock Mining +61 438 356 590 jdv@blackrockmining.com.au

Elvis Jurcevic Investor Relations irX Advisors +61 408 268 271 ej@irxadvisors.com

E: info@blackrockmining.com.au

Tanzanian Office Mahenge Resources Ltd Msasani Towers Second Floor, Wing B PO BOX 105735 Dar es Salaam Tanzania

Directors Richard Crookes John de Vries Gabriel Chiappini Ian Murray

Australian Registered Office 45 Ventnor Avenue West Perth, WA 6005 Ph: +61 8 9389 4415

Black Rock Mining Ltd ACN 094 551 336 ASX:BKT

www.blackrockmining.com.au