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EAGLE MOUNTAIN MINING LIMITED Capital/Financing Update 2026

Jan 27, 2026

64839_rns_2026-01-27_763f783e-ee07-4962-a684-63e4cad1ef23.pdf

Capital/Financing Update

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ASX Announcement 28 JANUARY 2026

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Placement of Shortfall Securities Pursuant to

Non-Renounceable Entitlement Offer

Eagle Mountain Mining Limited ASX:EM2

ACN: 621 541 204 Registered office: Level 5, 191 St George’s Tce Perth WA 6000

Contact: [email protected] Website: eaglemountain.com.au

Shares on issue: 1.43b Current Market Cap: $14.4M Cash: $0.56M at 30 Sept 2025

Eagle Mountain Mining Limited (ASX: EM2 ) ( Eagle Mountain , the Company ) confirms the allotment and issue of 95,419,542 New Shares and 31,806,500 New Options as part placement of the Shortfall to its Non-Renounceable Entitlement Offer (the Offer ) (refer ASX announcement dated 16 January 2026).

Balance of Shortfall

The total shortfall on the Offer was approximately $898,775 or 99,863,987 shares.

As part of the shortfall allocation, Executive Director Mr Fabio Vergara has applied for 4,444,445 New Shares, together with 1 for 3 attaching New Options, on the same terms and subject to shareholder approval.

An Appendix 2A and Appendix 3G follow for immediate release.

Board of Directors

Rick Crabb Non-Executive Chairman

Fabio Vergara Executive Director

Roger Port Non-Executive Director Michael Fennell Non-Executive Director

This ASX announcement was authorised for release by the Board of Eagle Mountain Mining Limited.

For further information please contact:

Fabio Vergara Executive Director [email protected]

Mark Pitts

Company Secretary [email protected]

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ABOUT EAGLE MOUNTAIN MINING

Eagle Mountain is a copper-gold explorer focused on the strategic exploration and development of the Wedgetail and Silver Mountain Projects, 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

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Website

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