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CHARIOT RESOURCES LTD Capital/Financing Update 2026

Mar 11, 2026

64615_rns_2026-03-11_8875856c-b440-450b-a553-d7e8e7ccefe8.pdf

Capital/Financing Update

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Market Announcement

12 March 2026

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Chariot Resources Ltd (ASX: CC9) – Trading Halt

Trading in the securities of Chariot Resources Ltd (‘CC9’) will be halted at the request of CC9, pending the release of an announcement by CC9.

Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of:

  • the commencement of normal trading on Monday, 16 March 2026; or

  • the release of the announcement to the market.

  • CC9’s request for a trading halt is attached below for the information of the market.

Issued by

ASX Compliance

Market Announcement 1/1 ASX Customer Service Centre 131 279 | asx.com.au

12 March 2026 ASX Limited

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12 March 2026

Australian Securities Exchange

Attn: Raj Logarajah 152-158 St Georges Terrace PERTH WA 6000

By email: [email protected]

Dear Mr Logarajah,

REQUEST FOR A TRADING HALT

Pursuant to ASX Listing Rule 17.1, Chariot Resources Limited (ASX: CC9) ( Company ) requests a trading halt of its Shares and Options (ASX: CC9, CC9O) on the ASX with immediate effect.

In accordance with ASX Listing Rule 17.1, the Company provides the following information regarding this request:

  1. The reason for the trading halt is pending an ASX announcement regarding proposed capital raising.

  2. The Company requests that the trading halt continue until the earlier of commencement of trading on Monday 16 March 2026 or when the announcement referred to in paragraph 1 is released to the market.

  3. The Company expects the event which will end the trading halt is the announcement referred to in paragraph 1.

The Company is not aware of any reason why the trading halt should not be granted or of any other information necessary to inform the market about the trading halt.

Yours sincerely

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Aaron Gates Joint Company Secretary

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About Chariot

Chariot Resources Limited is a mineral exploration company focused on discovering and developing high-grade and near surface lithium opportunities focused principally in the United States and Nigeria. In addition to the recently announced acquisition of a Nigerian lithium portfolio which has yet to close, Chariot has twelve (12) lithium projects, including two core projects in the United States (the “ Core Projects ”) and a number of exploration pipeline projects which Chariot majority owns and operates.

The Core Projects include Chariot’s Black Mountain Project (which is prospective for hard rock lithium) in Wyoming, USA and the Resurgent Project (which is prospective for claystone lithium) in Nevada and Oregon, USA. Initial survey results from the Core Projects indicate high-grade lithium mineralisation at surface.

The Nigerian portfolio of hard-rock lithium assets consists of four project clusters (Fonlo, Gbugbu, Iganna, and Saki) in the Oyo and Kwara states which cover approximately 254 square kilometers and are comprised of 8 exploration licences and 2 small-scale mining leases. These assets represent one of the largest portfolios of lithium assets in the country and have a history of significant artisanal lithium mining. Chariot anticipates completing the acquisition of the Nigerian portfolio in the first quarter of this calendar year.

Chariot also holds an interest in six exploration pipeline projects located in Wyoming, USA, including the Copper Mountain Project, the South Pass Project and four other hard rock lithium projects.

Chariot also holds an interest in applications for seven (7) exploration licences in the highly prospective Southern Cross Greenstone Belt, Western Australia. The Southern Cross Greenstone Belt, one of Western Australia’s most significant gold-producing regions with over 150 mines, is now emerging as a key region for LCT pegmatites.

Chariot holds an interest in a hard rock lithium project in Zimbabwe. The Zimbabwe project licences are in the process of being relinquished.

In addition, Chariot holds a portfolio interest in certain properties prospective for claystone hosted lithium located in the State of Nevada in the United States through its interest in Mustang Lithium LLC.

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