ENCOUNTER RESOURCES LIMITED — Capital/Financing Update 2023

Aug 1, 2023

ASX Announcement 2 August 2023

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Issue of Options

Encounter Resources Limited (ASX:ENR) (‘Encounter’ or ‘Company’) advises of the issue of 400,000 unlisted options pursuant to the terms of the Company’s Share and Option Plan.

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 contact@enrl.com.au michael.vaughan@fivemark.com.au

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

P +61 8 9486 9455 E contact@enrl.com.au www.enrl.com.au

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