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EAGLE MOUNTAIN MINING LIMITED Capital/Financing Update 2018

Oct 9, 2018

64839_rns_2018-10-09_cfbdac87-9112-478d-8b27-1d90f9d88e5d.pdf

Capital/Financing Update

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A S X A n n o u n c e m e n t | D a t e 1 0 O c t o b e r 2 0 1 8

Allotment Completed for Non-Renounceable New Option Entitlement Offer

Eagle Mountain Mining Limited (ASX:EM2) (“ Eagle Mountain or the Company ”) confirms that further to the announcement on 5 October 2018 the Company has instructed its share registry to complete the allotment of New Options pursuant to the Company’s non-renounceable entitlement offer (the Entitlement Offer ).

Eagle Mountain confirms that 23,125,000 New Options have been issued raising $231,250 before costs. Following acceptance of entitlement and shortfall applications from new and existing shareholders the Entitlement Offer was fully subscribed.

The Company now has 92,500,001 ordinary shares; 39,125,000 unlisted options and 180,000 performance rights on issue.

The Directors are pleased with the support received from shareholders and wish to thank Peloton Capital Pty Ltd for their assistance in completing the Offer.

For further information please contact:

Charles Bass Mark Pitts BSc, MSc, FAusIMM, FAIG, FAICD B.Bus, FCA, GAICD Managing Director & CEO Company Secretary [email protected] [email protected]

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