EAGLE MOUNTAIN MINING LIMITED — Capital/Financing Update 2022

Nov 28, 2022

ASX Announcement 29 November 2022

==> picture [160 x 69] intentionally omitted <==

Notice under ASIC Corporations (Share and Interest Purchase Plans) Instrument 2019/547

This notice is given by Eagle Mountain Mining Limited (ASX: EM2 ) (the Company ) under ASIC Corporations (Share and Interest Purchase Plans) Instrument 2019/547 (ASIC Instrument 2019/547).

On 23 November 2022, the Company announced an intention to undertake a share purchase plan (SPP) of fully paid ordinary shares in the capital of the Company (SPP Shares). An SPP offer booklet will be made available to eligible shareholders later today.

The Company gives notice that:

• i) the Company will make offers to issue the SPP Shares under the SPP without disclosure to investors under Part 6D.2 of the Corporations Act 2001 (Cth), as modified by applicable legislative instruments (Act);

• ii) this notice is being given in accordance with ASIC Instrument 2019/547;

• iii) as at the date of this notice, the Company has complied with the provisions of Chapter 2M of the Act as they apply to the Company and section 674 of the Act; and

• iv) as at the date of this notice, there is no information that is “excluded information” within the meanings of sections 708A(7) and 708A(8) of the Act, as if this notice was a notice under paragraph 708A(5)(e) of the Act.

The Company also confirms that, as at the date of this notice, the Company has complied with section 674A of the Act.

Approved for release by the Board of Eagle Mountain Mining Limited.

Mark Pitts Company Secretary

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.