DELTA LITHIUM LIMITED — Capital/Financing Update 2021

Jul 5, 2021

ASX Announcement 6 July 2021

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Completion of Tranche 1 Placement

TNT Mines Limited (ASX: TIN) ( TNT or the Company ) confirms that it has completed the first tranche of the $5.25m capital raising previously announced on 30 June 2021. The first tranche completes the raising of $3,543,754.35 via the placement of 23,625,029 fully paid ordinary shares ( Shares ) at $0.15 per Share to existing shareholders and sophisticated investors.

Please refer Appendix 2A to be lodged shortly which will contain further details. The balance (tranche 2) of the capital raising will be completed subject to shareholder approval at shareholder meeting to be convened shortly.

Notice pursuant to Section 708A(5)(e) of the Corporations Act 2001

The Company gives notice pursuant to section 708A(5)(e) of the Corporations Act 2001 (Cth)( Corporations Act ) that:

1. The Company on 6 July 2021 issued 23,625,029 Shares in respect of a placement;

2. The Company issued the shares without disclosure to investors under Part 6D.2 of the Act;

3. The Company is providing this notice under section 708A(5)(e) of the Act;

4. As at the date of this notice, the Company has complied with:

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

   • b. Section 674 of the Corporations Act; and

5. As at the date of this Notice, other than set out below, there is no excluded information within the meanings of section 708A(7) and 708A(8) of the Act.

The Company has received a small number of assays from one of its drill programs at the Eureka Project. This information is currently incomplete and not currently able to be released to the market in compliance with the Listing Rules and JORC Code. Accordingly, at this time, the information is not considered to be information that investors and their professional advisers would reasonably require for the purposes of making an informed assessment of the assets and liabilities, financial position and performance, profits and losses and prospects of the Company, or the rights and liabilities attaching to the Shares. The Company provides no statement or assurance regarding the results or outcome of the analysis.

Authorised for ASX lodgment by the Board.

For further information, please contact:

TNT Mines Ltd Matt Boyes Chief Executive Officer +61 8 6319 1900 frontdesk@tntmines.com.au

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