EAGLE MOUNTAIN MINING LIMITED — Capital/Financing Update 2022

Dec 12, 2022

ASX Announcement 13 DECEMBER 2022

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EXTENSION OF CLOSE DATE FOR SHARE PURCHASE PLAN

Eagle Mountain Mining Limited ( ASX : EM2 ) (“ Eagle Mountain ” or “the Company ”) advises that it has resolved to extend the close date of the Share Purchase Plan (SPP) currently under offer.

New Timetable

Event	Date
Record Date for Eligible Shareholders to participate in	Close on 22 November 2022
the SPP
Announcement of Placement and SPP	Wednesday, 23 November 2022
SPP Open date	Tuesday, 29 November 2022
SPP Closing Date **	Friday, 23 December 2022
Announcement of SPP Results **	Friday, 30 December 2022
Allotment and issue of New Shares under SPP **	Friday, 30 December 2022

** Revised dates

The SPP offers eligible shareholders the opportunity to apply for up to $30,000 worth of fully paid Eagle Mountain shares without paying any brokerage or transaction costs (refer ASX announcement dated 29 November 2022).

The Offer Price represents a discount of 13.2% to the closing Share price for Eagle Mountain on the ASX on Monday, 21 November 2022 (being the last day on which Eagle Mountain Shares traded before the SPP Offer was announced) and a 12.8% discount to the volume weighted average price over the last five days on which Shares traded immediately prior to announcement of the SPP Offer.

Accordingly, Eligible Shareholders who want to participate in the SPP Offer are strongly encouraged to act promptly in regard to the SPP Offer in order to avoid possible disappointment. Eligible Shareholders should refer to the SPP Offer Booklet available on ASX (code EM2) or on the offer website noted below.

To apply for the New Shares under the SPP Offer, please follow the instructions online by visiting the Eagle Mountain Offer website at www.computersharecas.com.au/EM2SPP.

• You will need to enter your HIN/SRN and your postcode (applicable only in Australia).

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----- Start of picture text ----- AUS REGISTERED OFFICEGround Floor, 22 Stirling HighwayNedlands WA 6009ACN: 621 541 204CONTACT ASX: EM2E: info@eaglemountain.com.au eaglemountain.com.au----- End of picture text -----

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• View or download the SPP Offer Booklet and read it in its entirety. If you are in doubt about what to do, consult your professional adviser.

• Follow the onscreen instructions for how to make your payment for the number of New Shares that you wish to apply for based on the parcel amounts listed.

The SPP Offer will now close at 5.00pm (Perth time) on Friday, 23 December 2022 (unless varied or extended).

If you require assistance in relation to the SPP Offer, please contact the Company’s share registry on 1300 850 505 (callers within Australia) or +61 3 9415 4000 (callers outside Australia) at any time between 8:30am and 5:00pm (Melbourne time) on Monday to Friday during the SPP Offer period.

For further information please contact:

Tim Mason	Mark Pitts	Jane Morgan
Chief Executive Officer	Company Secretary	Investor and Media Relations
tim@eaglemountain.com.au	mark@eaglemountain.com.au	jm@janemorganmanagement.com.au

This Announcement has been approved for release by the Board of Eagle Mountain Mining Limited.

ABOUT EAGLE MOUNTAIN MINING

Eagle Mountain is a copper-gold explorer focused on the strategic exploration and development of the Oracle Ridge Copper Mine and the highly prospective greenfields Silver Mountain Project, both located in Arizona, USA.

Arizona is at the heart of America’s mining industry and home to some of the world’s largest copper discoveries such as Bagdad, Miami and Resolution, one of the largest undeveloped copper deposits in the world.

Follow the Company’s developments through our website and social media channels:

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Linkedin Twitter EM2 Website

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