CODA MINERALS LTD — Capital/Financing Update 2022

Nov 6, 2022

==> picture [595 x 136] intentionally omitted <==

7 November 2022

Company Announcements Australian Securities Exchange Level 40, Central Park 152 - 158 St Georges Terrace Perth WA 6000

Dear Sir/Madam

Notification under section 708A(5)(e) of the Corporations Act 2001 (“the Act”)

Coda Minerals Ltd (ASX:COD) (“Coda” or “the Company”) issued a total of 1,928,142 fully paid ordinary shares (“Shares”) today. These Shares were issued pursuant to the placement announced by the Company on 26 October 2022 and 7 November 2022 and were included in an Appendix 2A announcement to the Australian Securities Exchange (“ASX”) released today.

The Act restricts the on-sale of securities issued without disclosure, unless the sale is exempt under section 708 or 708A. By the Company giving this notice, sale of the securities noted above will fall within the exemption in section 708A(5) of the Act. The Company gives this notice pursuant to Section 708A(5)(e) of the Act. The Shares were issued without disclosure to investors under Part 6D.2, in reliance on Section 708A(5) of the Corporations Act.

The Company, as at the date of this notice, has complied with:

• a) the provisions of Chapter 2M of the Act as they apply to the Company; and

• b) Section 674 of the Act.

As at the date of this notice, there is no further information:

• a) that has been excluded from a continuous disclosure notice in accordance with the ASX listing rules; and

• b) that investors and their professional advisors 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; or

  • ii. the rights and liabilities attaching to the Shares.

By order of the Board

Susan Park Company Secretary

E: info@codaminerals.com ABN 49 625 763 957

6 Altona Street West Perth Western Australia, 6005