EAGLE MOUNTAIN MINING LIMITED — Share Issue/Capital Change 2021

May 9, 2021

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A S X A n n o u n c e m e n t | 1 0 M A Y 2 0 2 1

Share and Option Issue

Eagle Mountain Mining Limited ( ASX:EM2 ) (“ Eagle Mountain ”, the “ Company ”) confirms the issue of 155,000 ordinary shares following the valid exercise of unlisted options at a strike price of $0.20 each and the issue of 2,000,000 unlisted options exercisable on or before 7 May 2023 by payment of $1.25 each.

The issue of unlisted options is pursuant to a mandate agreement with Canaccord Genuity and is in lieu of advisory fees. This issue has been made under the Company’s existing 15% capacity in accordance with Listing Rule 7.1.

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

For further information please contact:

Tim Mason Mark Pitts BEng, MBA, GAICD B.Bus, FCA, GAICD Chief Executive Officer Company Secretary tim@eaglemountain.com.au mark@eaglemountain.com.au

This Announcement has been approved for release by Mark Pitts, Company Secretary of Eagle Mountain Mining Limited

EAGLE MOUNTAIN MINING LIMITED

Eagle Mountain is a copper-gold explorer focused on the strategic exploration and development of highly prospective greenfields and brownfields projects 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 developments through our website and social media channels.

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Website https://eaglemountain.com.au/ Twitter https://twitter.com/eagle_mining LinkedIn https://www.linkedin.com/company/eagle-mountain-mining-ltd/

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