CHALICE MINING LIMITED — Share Issue/Capital Change 2021

Aug 2, 2021

ASX Announcement

3 August 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 5,930,787 fully paid ordinary Chalice shares ( Shares ) following the vesting and exercise of performance rights (as detailed in the Appendix 2A lodged with the ASX on 3 August 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 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.

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Alex Dorsch Managing Director

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Registered Office ABN 47 116 648 956

Level 2, 1292 Hay Street West Perth, Western Australia GPO Box 2890, Perth WA 6001

info@chalicemining.com www.chalicemining.com

@chalicemining chalice-mining

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

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

Corporate Enquiries

Alex Dorsch Managing Director Chalice Mining Limited +61 8 9322 3960 info@chalicemining.com

Media Enquiries

Follow our communications

Nicholas Read LinkedIn: chalice-mining Principal and Managing Director Twitter: @chalicemining Read Corporate Investor Relations +61 8 9388 1474 info@readcorporate.com.au

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Chalice Mining Limited

ASX:CHN OTCQB:CGMLF