EAGLE MOUNTAIN MINING LIMITED — Capital/Financing Update 2026

Jan 13, 2026

ASX Announcement 14 JANUARY 2026

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Results of 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: info@eaglemountain.com.au 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

Eagle Mountain Mining Limited (ASX: EM2 ) ( Eagle Mountain , the Company ) confirms the close of its Non-Renounceable Entitlement Offer (the Offer ) on 9 January 2026.

The Offer was made pursuant to a Prospectus dated 20 November 2025 and was for one (1) new fully paid ordinary share in the Company ( New Shares ) for every six (6) existing shares held by Eligible Shareholders at an issue price of A$0.009 per New Share to raise approximately A$1.98 million (before costs) The Offer included one (1) free unlisted attaching option for every three (3) New Shares subscribed for, exercisable at A$0.02 on or before 30 November 2028 ( Entitlement Issue or the Offer ).

The total amount received from applications under the Offer was $1,079,624 for 119,958,259 New Shares and 39,986,027 New Options. Shares and Options will be issued in accordance with the timetable and subject to receipt of cleared funds.

The shortfall on the Offer is $898,775 or approximately 99,863,987 shares. The shortfall will be placed in conjunction with the lead managers and in accordance with the terms of the Offer.

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 Mark Pitts Executive Director Company Secretary fabio@eaglemountain.com.au mark@eaglemountain.com.au

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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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