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EAGLE MOUNTAIN MINING LIMITED Capital/Financing Update 2026

Jan 15, 2026

64839_rns_2026-01-15_4c024542-3ef2-4177-bdb3-9c12378fb657.pdf

Capital/Financing Update

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ASX Announcement 16 JANUARY 2026

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Issue of New Shares and Options pursuant to the

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: 1.32b Current Market Cap: $14.5M Cash: $0.56M at 30 Sept 2025

Board of Directors

Rick Crabb Non-Executive Chairman

Fabio Vergara Executive Director

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

Eagle Mountain Mining Limited (ASX: EM2 ) ( Eagle Mountain , the Company ) confirms the allotment and issue of 119,958,259 New Shares and 39,986,027 New Options following the close of its Non-Renounceable Entitlement Offer (the Offer ).

Issuance of Securities

As advised on 14 January 2026, the total amount received from applications under the Offer was $1,079,624 before costs and prior to finalisation of the shortfall. Applications received amounted to 119,958,259 New Shares at $0.009 per share. In addition, 39,986,027 New Options were issued with an exercise price of $0.02 payable on or before 30 November 2028.

The shortfall on the Offer is approximately $898,775 or 99,863,987 shares. Eagle Mountain will work with the lead managers to place the balance of the shortfall and will advise the outcome in due course.

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

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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