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CLARA RESOURCES AUSTRALIA LTD Capital/Financing Update 2025

Jan 27, 2025

64598_rns_2025-01-27_3214f3c3-6f08-403d-84c7-23965af317d1.pdf

Capital/Financing Update

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ASX Announcement 28 January 2025

Rights Issue Update Closing Date Further Extended

On 19 December 2024, Clara Resources Australia Ltd ACN 122 957 322 (ASX: C7A) (Company or C7A) announced an Accelerated Non-Renounceable Entitlements Issue to Eligible Shareholders of One (1) New Share for every One (1) Share held at an Issue Price of $0.006 per New Share (Offer).

The Company will extend the closing date of the Offer from 5.00pm (Brisbane time) on Friday, 31 January 2025 to 5.00pm (Brisbane time) on Friday, 14[th] February 2025.

The revised timetable for the Offer is set out below:

Closing Date of Offer (5.00pm Brisbane time) Friday, 14 February 2025 Announcement of results of Offer Tuesday, 18 February 2025 Expected date of issue of New Shares Friday, 21 February 2025 Commencement of trading of New Shares on ASX Monday, 24 February 2025 Expected date of dispatch of holding statements for New Shares Monday, 24 February 2025

Applicants should check the process cut-off time for BPAY® payments with your financial institution to ensure that your payment is received by the Share Registry before the revised Closing Date.

The Board of the Company has authorised the release of this announcement to the market.

Peter Westerhuis Duncan Gordon Chief Executive Officer Investor Relations Clara Resources Ltd T: +61 404 006 444 T: +61 7 3303 0192 E: [email protected]