ELEMENT 25 LIMITED — Capital/Financing Update 2024

Jun 13, 2024

ANNOUNCEMENT | 14 JUNE 2024 | ASX: E25

ELEMENT 25 EXTENDS SHARE PURCHASE PLAN

• Extension of Element 25 Share Purchase Plan with revised closing date, Wednesday, 26 June 2024 at 5:00pm AWST.

• Funds raised from the Share Purchase Plan will enable the Company to progress its current prime projects at the Butcherbird mine site (located in the southern Pilbara region of Western Australia), as part of the Butcherbird Stage 2 Expansion Project, as well as continuing to support the high purity manganese sulphate monohydrate ( HPMSM ) project to be built in Louisiana, USA in partnership with General Motors LLC and Stellantis NV.

• Shareholders can request an electronic copy of their personalised Share Purchase Plan form via Element 25’s share registry, Automic Group.

Element 25 Limited ( Element 25 or Company ) ( ASX: E25; OTCQX: ELMTF ) advises that the closing date for the current Share Purchase Plan ( SPP )[1] will be extended until 5:00pm, Wednesday, 26 June 2024 Australian Western Standard Time ( AWST ).

Element 25 has been made aware by shareholders that postal deliveries relating to the SPP have taken longer than anticipated. The extension of the SPP will allow eligible shareholders additional time to consider their position and provide sufficient time to submit their applications and payment.

Under the SPP, the Company will offer eligible shareholders, who were registered shareholders as at 5:00pm (AWST) on Monday, 20 May 2024 ( Record Date ) the opportunity to apply for up to $30,000 of new fully paid ordinary shares ( New Shares ). New Shares will be issued at $0.27 per share, equivalent to a 14% discount to the volume weighted average price ( VWAP ) of Element 25 shares over the last five trading days prior to the announcement of the SPP[1] .

A revised indicative timetable with the new closing date for the SPP is as follows:

1 Reference: ASX Company Release dated 21 May 2024

Element 25 Limited

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

REVISED SPP TIMETABLE

		DateMonday, 20 May 2024, 5.00pm AWSTTuesday, 21 May 2024Monday 27, May 2024Monday, 27 May 2024Wednesday, 26 June 2024, 5.00pm AWST(Revised)Wednesday, 3 July 2024(Revised)Wednesday, 3 July 2024(Revised)Thursday, 4 July 2024(Revised)Friday, 5 July 2024(Revised)
	Event	Date
	Record Date	Monday, 20 May 2024, 5.00pm AWST
	Announce SPP with ASX	Tuesday, 21 May 2024
	SPP Booklet and Investor Presentation to Shareholders	Monday 27, May 2024
	Opening Date for SPP Applications	Monday, 27 May 2024
	Closing Date for SPP Applications	Wednesday, 26 June 2024, 5.00pm AWST(Revised)
	Results of SPP Announced	Wednesday, 3 July 2024(Revised)
	Issue of SPP Shares with ASX	Wednesday, 3 July 2024(Revised)
	SPP Shares commence trading on ASX	Thursday, 4 July 2024(Revised)
	Holding statements issued to Shareholders	Friday, 5 July 2024(Revised)

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.

This announcement is authorised for market release by Element 25 Limited’s Board of Directors.

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

El t 25 Li it d