ELEMENT 25 LIMITED — Capital/Financing Update 2023

Jun 15, 2023

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ANNOUNCEMENT | 16 JUNE 2023 | ASX: E25

ISSUE OF SECURITIES AND CLEAN

Element 25 Limited (E25 or Company) (ASX:E25) advises that a total of 4,500,000 fully paid ordinary shares (Shares) have been issued as security to Acuity Capital Investment Management Pty Ltd for the recent At-the-Market Subscription Agreement facility.

This facility is an important component of E25’s battery-grade high purity manganese sulphate (HPMSM) funding strategy as its progresses the HPMSM development program.

Notice under Under Section 708A(5)(e) of the Corporations Act 2001

In respect of the Shares, E25 gives notice under section 708A(5)(e) of the Corporations Act 2001 (Cth) (Act) of the following:

1. The Shares were issued without disclosure under Part 6D.2 of the Act;

2. As at the date of this notice, the Company has complied with:

   • a. the provisions of Chapter 2M of the Act as they apply to the Company; and

   • b. section 674 of the Act; and

3. As at the date of this notice, there is no information to be disclosed which is excluded information (as defined in section 708A(7) of the Act) that is reasonable for investors and their professional advisers to expect to find in a disclosure document.

This announcement is authorised for market release by the Company’s Board of Directors.

Justin Brown Managing Director

Company information, ASX announcements, investor presentations, corporate videos, and other investor material in the

Company’s projects can be viewed at: www.element25.com.au.

Justin Brown		Media Inquiries:
Managing Director		Nathan Ryan
Email: admin@e25.com.au		Email: nathan.ryan@nwrcommunications.com.au
Phone: +61 (8) 6375 2525		Phone: +61 (0) 420 582 887

Element 25 Limited

ABN: 46 119 711 929 T: +61 8 6375 2525 E: admin@e25.com.au W: element25.com.au