CASTLE MINERALS LIMITED — Capital/Financing Update 2021

Oct 4, 2021

5 October 2021

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NOTICE GIVEN UNDER SECTION 708A(5) OF THE CORPORATIONS ACT

Castle Minerals Limited (ASX:CDT) (“Castle” or the “Company”) is pleased to advise that it has completed a placement via the issue of 126,843,833 new ordinary shares at a price of $0.012 per share to sophisticated and professional investors to raise $1,522,126 before costs (as announced by the Company on 29 September 2021).

The Company provides notice under section 708A(5)(e) of the Corporations Act 2001 (Cth) (“Corporations Act”) that the above ordinary shares were issued without disclosure to investors under Part 6D.2 of the Corporations Act.

As at the date of this notice, the Company has complied with the provisions of Chapter 2M of the Corporations Act as they apply to the Company and section 674 of the Corporations Act.

As at the date of this notice there is no information that is excluded information for the purposes of section 708A(7) and 708A(8) of the Corporations Act.

An Appendix 2A in relation to the share issue will be lodged around the same time.

This announcement is authorised for release by the Board.

Approved by:

Jade Styants Company Secretary