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ENCOUNTER RESOURCES LIMITED Capital/Financing Update 2022

Nov 30, 2022

64856_rns_2022-11-30_4c39c450-9e5d-4d44-a9da-72fa7a9d65fd.pdf

Capital/Financing Update

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ASX Announcement 1 December 2022

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Issue of Options

Encounter Resources Limited (ASX:ENR) (‘Encounter’ or ‘Company’) advises of the issue of 3,980,000 unlisted options pursuant to shareholder approval at the Company’s 2022 annual general meeting on 29 November 2022.

An Appendix 3G will be lodged following release of this announcement.

For further information, please contact:

Will Robinson Michael Vaughan Managing Director Fivemark Partners +61 8 9486 9455 +61 422 602 720 [email protected] [email protected]

This announcement has been approved for release by the Managing Director of Encounter Resources Limited.

P +61 8 9486 9455 E [email protected] www.enrl.com.au

Encounter Resources Limited Suite 2, 1 Alvan St Subiaco WA 6008