CONNECTED MINERALS LIMITED — Capital/Financing Update 2021

Apr 15, 2021

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16 April 2021

ASX Announcement

CLOSING OF SMALL SHAREHOLDING SALE FACILITY

Connected IO Limited ( Connected IO or Company ) announces the small shareholding sale facility ( Facility ) announced on 24 February 2021 closed on 13 April 2021 at 5.00pm (WST). The Facility was designed to allow shareholders with $500 worth of shares or less to sell their shares in the Company cost effectively and simply, while also assisting the Company to reduce the costs associated with servicing smaller holdings.

A summary of the results in respect of the Facility is as follows:

	Number of	Number of
	Shares	Shareholders
Share Retention Forms Mailed	12,931,615	3,776
Share Retention Forms Returned	2,528,000	206
Shareholders who topped up, sold or merged holdings	1,261,743	53
Remaining for sale by the Company	9,141,872	3,517

The shares will now be sold by the Company with the net proceeds being disbursed to the relevant shareholders once the sale process is complete.

If you have any questions, please contact the Company Secretary on 08 6211 5099.

This announcement was approved and authorised for release by the Company’s Board of Directors.

Dougal Ferguson

Chief Executive Officer Connected IO Limited

ABOUT CONNECTED IO

Connected IO Limited is a wireless technology innovator and manufacturer operating in the multi-trillion-dollar “IOT” (Internet of Things) sector. Connected IO specializes in machine to machine (“M2M”) connectivity, providing hardware and software solutions to some of the world’s largest companies. Connected IO’s software solutions also include a customised cloud management interface and a variety of support services.

Connected IO Limited ABN 99 009 076 233 Level 24, 44 St Georges Tce, Perth WA 6000 T +61 8 6211 5099; F +61 8 9218 8875