CORE LITHIUM LTD — Capital/Financing Update 2021

Jan 11, 2021

ASX: CXO Announcement

12 January 2021

Cleansing notice under section 708A(5)(e) of the Corporations Act

Core Lithium Ltd ( Core or Company ) has issued 3,000,000 fully paid ordinary shares in the Company at an issue price of $0.06 (6.0 cents) per share following the exercise of unquoted options ( Issue ).

Details of the Issue

Class of Securities:

Ordinary shares

ASX Code of the securities:

Date of the Issue

Total number of shares issued:

CXO 12 January 2021 3,000,000

Core advises that:

1. The shares offered under the Issue were issued without disclosure to investors under Part 6D.2 Corporations Act 2001 (Cth) ( Corporations Act ).

2. This notice is given under section 708A(5)(e) of the Corporations Act.

3. As at the date of this notice, Core has complied with the provisions of Chapter 2M Corporations Act as they apply to Core and has complied with section 674 Corporations Act.

4. As at the date of this notice, there is no excluded information of the type referred to in sections 708A(7) and 708A(8) of the Corporations Act that has not already been disclosed to investors generally.

This announcement has been approved for release by the Core Lithium Board.

For further information please contact: For Media and Broker queries: Stephen Biggins Fraser Beattie Managing Director Senior Consultant Core Lithium Ltd Cannings Purple +61 8 8317 1700 +61 421 505 557 info@corelithium.com.au fbeattie@canningspurple.com.au