DATELINE RESOURCES LIMITED — Capital/Financing Update 2024

Jun 11, 2024

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12 June 2024

Market Announcements Platform ASX Limited Exchange Centre 20 Bridge Street Sydney NSW 2000

Cleansing notice under section 708AA(2)(f) of the Corporations Act

This notice is given to ASX by Dateline Resources Limited ACN 149 105 653 ( Company ) under section 708AA(2)(f) of the Corporations Act 2001 (Cth) ( Corporations Act ) in relation to the Company’s recently announced partially underwritten non-renounceable rights issue offer of new shares in the Company (each, a New Share ) to existing eligible holders of the Company’s shares (each, a Share ) ( Rights Issue ).

As required by section 708AA(7) of the Corporations Act, the Company states that:

• the Company will offer the New Shares the subject of the Rights Issue for issue to investors without disclosure under Part 6D.2 of the Corporations Act;

• this notice is being given by the Company to ASX under section 708AA(2)(f) of the Corporations Act;

• as at the date of this notice, the Company has complied with:

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

  • sections 674 and 674A of the Corporations Act;

• there is no “excluded information” (as that term is defined in and qualified by section 708AA(8) and section 708AA(9) of the Corporations Act, respectively) as at the date of this notice which would otherwise be required to be set out in this notice by section 708AA(7)(d) of the Corporations Act; and

• the effect the Rights Issue may have on the “control” (as that term is defined in section 50AA of the Corporations Act) of the Company and the consequences of that effect will depend on a number of factors including investor demand for New Shares and the level of existing Shareholdings. However, given that the Rights Issue is priced at a reasonable discount to the 30-day VWAP price of Shares traded on ASX over the 30 trading days prior to the announcement of the Rights Issue and because the Rights Issue includes offer terms (and dispersion mechanisms) that require the allocation of any initial shortfall (i.e. in the form of “Additional New Shares”) to non-related party Shareholders in priority to the related party (partial) underwriter, the Company does not expect the Rights Issue to have a material effect or consequence on the control of the Company.

Dateline Resources Limited (ACN 149 105 653) Level 29, 2 Chifley Square, Sydney, NSW 2000

www.datelineresources.com.au info@datelineresources.com.au

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Further information in relation to the Rights Issue (including in relation to the potential effect the Rights Issue may have on the control of the Company and the consequences of that effect) are included in the offer booklet for the Rights Issue which was given to ASX earlier today and which is expected to be sent to all the eligible shareholders on or before 19 June 2024.

The release of this notice has been authorised by the Company’s Board of Directors.

Yours faithfully,

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----- Start of picture text ----- Stephen BaghdadiManaging Director----- End of picture text -----

Dateline Resources Limited (ACN 149 105 653) Level 29, 2 Chifley Square, Sydney, NSW 2000

www.datelineresources.com.au info@datelineresources.com.au