COPPERMOLY LIMITED — Capital/Financing Update 2025

Feb 20, 2025

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ADDRESS PHONE Suite 1, 295 Rokeby Road +61 (8) 6555 2950 Subiaco WA 6008 Australia

EMAIL

ABN 54 126 490 855 info@coppermoly.com.au WEBSITE

21 February 2025

ASX Code: COY

COPPERMOLY RAISES FURTHER $700K TO FUND COPPER AND GOLD EXPLORATION

Coppermoly Limited (ASX: COY) (“Coppermoly” or “the Company”) , a Queensland focused copper gold exploration company, is pleased to announce it has raised a further $700,000 through the issue of 70,000,000 fully paid ordinary shares at $0.01 per share ( Placement Shares ) via a private placement.

Funds raised from the Placement will be used to advance the Company’s 2025 Queensland copper/gold exploration projects and for general working capital.

All 70,000,000 Placement Shares will be issued under the Company’s existing placement capacity as provided for by ASX Listing Rule 7.1.

Commenting on the outcome, Managing Director Mark Burke said: “Following last month's announcement, we are delighted to accept a second wave of support from sophisticated investors that registered their confidence in Coppermoly's prospects. The capital raise will give the company financial flexibility during 2025 to carry out our advanced exploration activities on our current granted tenements”

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

For further information please visit the Company’s website at www.coppermoly.com.au or contact:

Mark Burke

Managing Director

+61 448 349 997 mburke@coppermoly.com.au

ABOUT COPPERMOLY LTD

Coppermoly Ltd is a mineral exploration and resource development company rapidly advancing an exciting portfolio of copper/gold/molybdenum exploration projects in the resource rich Mount Isa Region of QLD. The newly refreshed management and geological team are focused on the accelerated exploration program and resource definition of their high value QLD targets. The Mt Isa Inlier is highly prospective for iron oxide copper gold (IOCG) and shear hosted Cu +/- Au deposits.

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www.coppermoly.com.au

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