CLASSIC MINERALS LTD — Capital/Financing Update 2024

Sep 17, 2024

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18 September 2024

EXTENSION OF COMPLETION DATE

Redivium Limited (ASX:RIL) ( Redivium or the Company ) refers to the sale of tenement interests in the Forrestania Project to Classic Minerals Limited (ASX:CLZ) ( Classic ) as detailed in the Company’s ASX announcement dated 3 October 2023 and extension announcements dated 5 February 2024, 16 May 2024, and 5 June 2024.

The Company and Classic have agreed to extend the completion date to 1 November 2024 (or such other date as agreed), to provide additional time for the settlement of payment and completion of closure formalities.

As part of the extension:

• 〉 Classic will settle the balance of payments due at completion of approximately $350,000 plus interest charged at 12%, on or before 1 November 2024; and

• 〉 Classic will pay the Company an additional penalty fee, in consideration for continual delays to completion of the transaction, of an amount equal to 15% multiplied by the total outstanding amounts (including interest) owed by Classic at the completion date.

Both parties remain committed to completion of the transaction.

This ASX announcement has been authorised for release by of Jonathan Murray, Executive Chair, on behalf of the Board of the Company.

For further information, please contact: Mindy Ku Company Secretary Redivium Ltd

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PO Box 1227 +61 8 9324 3388 ABN 52 099 862 129 West Perth WA 6872 info@redivium.com ACN 099 862 129