CLASSIC MINERALS LTD — Capital/Financing Update 2024

Jun 4, 2024

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5 June 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, extension announcements dated 5 February 2024 and 16 May 2024. Redivium has received 10,000,000 fully paid ordinary shares in Classic as part consideration for the sale.

The Company and Classic have agreed to extend the completion date to 31 July 2024 (or such other date as agreed), to provide additional time for Classic to settle payment and completion of closure formalities.

As part of the extension of completion date:

• Classic will be the solely responsible for keeping the tenements in good standing (including, but not limited to, completion of required reporting and payment of DEMIRS rents and shire rates as they fall due);

• Classic will settle an up-front cash payment of approximately $50,000 on or before 7 June 2024; and

• Classic will settle the balance of payments due at completion of approximately $350,000 (including GST) on or before 31 July 2024, and interest will be charged at 12% per annum on outstanding amounts.

Both parties remain committed to completion of the transaction.

This ASX announcement has been authorised for release by of the Board of the Company.

For further information, please contact: Mindy Ku Company Secretary Redivium Ltd T: + 61 8 9322 3388

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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