DART MINING NL — Capital/Financing Update 2024

Oct 1, 2024

2 OCTOBER 2024 ASX ANNOUNCEMENT

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Entitlement Offer Closes

Dart Mining NL ( ASX: DTM ) (“ Dart ” or “ the Company ”) is very pleased to advise that the Company has raised $1.292 million (before costs) under the pro rata Entitlement Offer (“ Entitlement Offer ”) announced on 3[rd] September 2024.

The Company has accepted $582,164 from Eligible Shareholders under the Entitlement Offer and a scaled back Top-Up Offer for a total of 48,513,587 New Shares at an issue price of $0.012 per share together with 24,256,865 unlisted New Options being one option for every two New Shares issued, exercisable at $0.02 and expiring 2[nd] October 2025.

In addition, the Company will issue 59,167,568 New Shares and 29,583,784 New Options under the Shortfall Offer, raising $710,000 (before costs). The Company has received firm commitments for the entirety of the Shortfall Offer, this is being managed by the Company’s corporate advisor, Zerp Capital.

Funds raised from the Entitlement Offer will principally be applied towards the consideration payments in connection with the Company’s acquisition of the Triumph Gold Project, exploration at the Triumph and Rushworth Gold Projects and general working capital.

Further details of the Entitlement Offer and New Options can be found in the prospectus dated 2[nd] September 2024.

The Board of Directors wish to thank shareholders for their participation in the Entitlement Offer.

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

Yours faithfully

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Julie Edwards Company Secretary

For further information please contact Julie Edwards Company Secretary Ph. 03 9642 0655 or Email jchirnside@dartmining.com.au

Dart Mining NL ABN 84 119 904 880 PO Box 16059, Collins Street West, Victoria 8007 Australia Phone: +61 (03) 9037 3856 | Email: info@dartmining.com.au | www.dartmining.com.au |