CZR RESOURCES LTD — Share Issue/Capital Change 2021

Jun 14, 2021

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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: admin@czrresources.com Website: www.czrresources.com

The Company Announcements Office, ASX Limited

15 June 2021

Cleansin Notice g

This notice is given by CZR Resources Limited (ASX Code: CZR) ("CZR" or "Company") under section 708A(5)(e) of the Corporations Act 2001 (Cth) (the "Act") as it applies to CZR.

On 15 June 2021, CZR issued 347,826,100 fully paid ordinary shares at an issue price of $0.0115 per share, being shares under the placement announced by CZR on 7 June 2021.

The Company advises that:

• (a) the Shares were issued without disclosure to investors under Part 6D.2 of the Corporations Act 2001 (Cth) (the "Act");

• (b) as a disclosing entity, the Company is subject to regular reporting and disclosure obligations;

• (c) as at the date of the notice, the Company has complied with;

  • (i) the provisions of Chapter 2M of the Act, as they apply to the Company; and

  • (ii) section 674 of the Act; and

• (d) as at the date of this notice, there is no information to be disclosed that is "excluded information" within the meanings of sections 708A(7) and 708A(8) of the Act.

For and on behalf of the Board of the Company.

Stephen Hewitt-Dutton Company Secretary CZR Resources Limited

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

For further information, contact:

Dr Rob Ramsay Managing Director CZR Resources Ltd +61 8 9468 2050

Or Media Paul Armstrong Read Corporate +61 8 9388 1474

CZR Resources Ltd

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