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Cape Lithium Corp. Board/Management Information 2024

May 7, 2024

48424_rns_2024-05-06_705d629b-238a-4412-b3cb-da11a42d4d30.pdf

Board/Management Information

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51-102F3 MATERIAL CHANGE REPORT

Item 1 Name and Address of Company

Moonbound Mining Ltd. (the “ Company ”) 2820 - 200 Granville Street Vancouver, British Columbia, V6C 1S4

Item 2 Date of Material Change

May 1, 2024

Item 3 News Release

The news release dated April 18, 2024 was disseminated through Newsfile Corp. on April 18, 2024.

Item 4 Summary of Material Change

The Company announced the resignation of Yulia McCutcheon as the Company’s Chief Financial Officer (“ CFO ”) and Secretary effective May 1, 2024 and, in connection therewith, the appointment of Herrick Lau as CFO and Secretary of the Company to fill the vacancies created by the resignation of Ms. McCutcheon.

Item 5 Full Description of Material Change

5.1 Full Description of Material Change

A full description of the material change is described in Item 4 above and in the News Release which has been filed on SEDAR at www.sedarplus.ca.

5.2 Disclosure for Restructuring Transactions

N/A

Item 6 Reliance on subsection 7.1(2) or (3) of National Instrument 51-102

N/A

Item 7 Omitted Information

None

Item 8 Executive Officer

James Lumley, CEO, 44.7825.222.623

Item 9 Date of Report

May 6, 2024