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CZR RESOURCES LTD Capital/Financing Update 2022

Oct 12, 2022

64748_rns_2022-10-12_40701aeb-f753-428e-a7cb-0a7f609a5f7f.pdf

Capital/Financing Update

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CZR Resources Ltd

ABN: 91 112 866 869 Suite 9, Level 3, 47 Havelock St West Perth, Western Australia 6005 PO Box 16 West Perth WA 6872 Phone: +61 8 9468 2050 Email: [email protected] Website: www.czrresources.com

The Company Announcements Office, ASX Limited

13 October 2022

Renounceable Entitlement Issue Offer Booklet Despatch

CZR Resources Ltd (ASX:CZR) ( Company ) advises that in accordance with its estimated timetable the Company will despatch the Offer Documents for the 1 for 5 Renounceable Entitlement Issue today, 13 October 2022.

As a reminder, the estimated timetable for the entitlement issue is set out below:

Event Date
Dispatched of Offer Document and personalised entitlementacceptance forms to eligible shareholders 13 October 2022
Opening Date of Renounceable Entitlement Issue 13 October 2022
Entitlement trading ends 20 October 2022
Closing Date of Renounceable Entitlement Issue (5:00pmAWST) and final time for receipt of entitlement andacceptance forms and payment in full for New Shares 27 October 2022
Announcement of results and shortfall of the RenounceableEntitlement Issue 3 November 2022
Anticipated date for issue of New Shares 3 November 2022
Anticipated date for dispatch of holdingstatements 4 November 2022

The dates are indicative only and CZR reserves the right to vary the dates subject to the Corporations Act 2001, the ASX Listing Rules and other applicable laws.

Eligible Shareholders should read the Offer Booklet carefully before making any investment decision regarding the Entitlement Issue.

Copies of the Company’s announcements to ASX can be obtained from its website www.czrresources.com.au or from the ASX website www.asx.com.au. The Company’s ASX code is CZR.

CZR Resources Ltd

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This announcement is authorised for release to the market by the Board of CZR Resources Ltd.

For further information, contact:

Stefan Murphy Managing Director CZR Resources Ltd +61 8 9468 2050

Media Paul Armstrong Read Corporate +61 8 9388 1474

CZR Resources Ltd

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