CAVALIER RESOURCES LIMITED — Capital/Financing Update 2022

Dec 5, 2022

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RESTRICTED SECURITIES TO BE RELEASED FROM ESCROW

In accordance with ASX Listing Rule 3.10A, Cavalier Resources Limited ACN 635 842 143 (ASX:CVR) (“Company”) advises that a total of 15,000 fully paid ordinary shares (ASX:CVR) will be released from escrow on 14 December 2022.

Details of the Company’s restricted securities can be found in the “ASX Market Release - Admission and Quotation” announcement released on 15 June 2022.

This announcement has been approved and authorised by the Board of Cavalier Resources Limited.

For further information, please contact Damon Cox (Company Secretary) via:

• T: +61 8 6188 8181

• E: info@cavalierresources.com.au

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