COPPERMOLY LIMITED — Capital/Financing Update 2023

Dec 6, 2023

ADDRESS PHONE Unit 18, 180 Moggill Road +61 (07) 3217 7544 TARINGA QLD 4068 EMAIL info@coppermoly.com.au ABN 54 126 490 855 WEBSITE www.coppermoly.com.au

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7 December 2023

ASX: COY

NON-RENOUNCEABLE ENTITLEMENT OFFER COMPLETES

Highlights:

• Non-Renounceable Rights Offer closes for proceeds of $692,000

• Additional Shortfall Placement completed for additional $1,300,000

Coppermoly Limited ( Coppermoly ) ( ASX: COY ) advises that the pro-rata non-renounceable entitlement issue announced to ASX on 6 November 2023 ( Offer ) closed on 30 November 2023.

The Company has raised $692,102 and has issued 57,675,193 fully paid ordinary shares ( Shares ) at $0.012 through the Offer and the Shareholder Shortfall Offer.

Coppermoly also issued a further 108,333,333 Shares under the binding commitment announced to the market on 6 November 2023, raising a further $1,300,000 from the shortfall of the Offer and Shareholder Shortfall.

The shares were issued on Thursday, 7 December 2023 and will commence trading on the ASX on a normal basis on Friday, 8 December 2023.

This announcement has been authorised for release to the ASX by Coppermoly’s board of directors.

Craig McPherson

Company Secretary cmcpherson@coppermoly.com.au