CHALICE MINING LIMITED — Share Issue/Capital Change 2021

Nov 14, 2021

ASX Announcement

15 November 2021

Section 708A Notice – Issue of Shares

Chalice Mining Limited (“ Chalice ” or “ the Company ”, ASX: CHN | OTCQB: CGMLF) provides this notice under section 708A(5)(e) of the Corporations Act 2001 (Cth) (“ Corporations Act ”) in relation to the issue of 1,300,000 fully paid ordinary Chalice shares ( Shares ) following the exercise of unlisted options (as detailed in the Appendix 2A lodged with the ASX on 15 November 2021) without disclosure to investors under Part 6D.2 of the Corporations Act.

The Company relies on case 1 in section 708A(5) of the Corporations Act in respect of the issue of the fully paid ordinary shares.

As at the date of this notice, the Company has complied with:

• a. the provisions of Chapter 2M of the Corporations Act as they apply to the Company; and

• b. section 674 of the Corporations Act.

The Company confirms that, as at the date of this notice, there is no information that:

• a. has been excluded from a continuous disclosure notice given to the ASX in accordance with the ASX Listing Rules; and

• b. 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; and

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

to the extent to which it would be reasonable for investors and their professional advisers to expect to find such information in a disclosure document.

This announcement has been authorised for release by the Board.

For further information, please visit www.chalicemining.com or contact:

Corporate Enquiries

Media Enquiries

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Alex Dorsch Nicholas Read LinkedIn: chalice-mining Managing Director and CEO Principal and Managing Director Twitter: @chalicemining Chalice Mining Limited Read Corporate Investor Relations +61 8 9322 3960 +61 8 9388 1474 info@chalicemining.com info@readcorporate.com.au

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Registered Office ABN 47 116 648 956 Level 3, 46 Colin Street, West Perth WA 6005, Australia PO Box 428, West Perth WA 6872

info@chalicemining.com www.chalicemining.com

@chalicemining chalice-mining

T: +61 8 9322 3960 F: +61 8 9322 5800