ECLIPSE METALS LIMITED. — Capital/Financing Update 2023

Jan 15, 2023

==> picture [182 x 63] intentionally omitted <==

16 Janaury 2023

Release from Escrow

Eclipse Metals Ltd (ASX: EPM ) (FSE: 9EU ) ( Eclipse Metals or the Company ) hereby advises that the following securities were released from voluntary escrow on 14 January 2023:

Security	Restriction period ends
100,000,000 Fully paid ordinary shares	14 January 2023

The Company confirms that the voluntary escrow provisions continue to apply to the Company securities detailed below:

Security	Restriction period ends
40,500,000 Fully paid ordinary shares	28 May 2023
25,000,000 Unquoted options exercisable at 1.5c and expiring 28/05/2024	28 May 2023
10,000,000 Unquoted options exercisable at 5.0c and expiring 28/05/2026	28 May 2023

Authorised for release by the Board.

Matthew Foy Company Secretary +61 8 9480 0420 www.eclipsemtals.com.au eclipse metals Eclipse Metals

About Eclipse Metals Ltd (ASX: EPM) (FSE:9EU)

Eclipse Metals Ltd is an Australian exploration company focused on exploring South-western Greenland, Northern Territory and Queensland for multi commodity mineralisation. Eclipse Metals Ltd has an impressive portfolio of assets prospective for cryolite, fluorite, siderite, quartz, REE, gold, platinum group metals, manganese, palladium, vanadium and uranium mineralisation. The Company’s mission is to increase shareholders’ wealth through capital growth and ultimately dividends. Eclipse Metals Ltd plans to achieve this goal by exploring for and developing viable mineral deposits to generate mining or joint venture incomes.

ECLIPSE METALS LTD

Level 3, 1060 Hay Street, West Perth WA 6005 T: +61 8 9480 0420 | F: +61 8 9321 0320 ABN 85 142 366 541