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ENCOUNTER RESOURCES LIMITED Capital/Financing Update 2023

Jan 15, 2023

64856_rns_2023-01-15_2deeb10c-e55b-40e2-850f-51835c462b78.pdf

Capital/Financing Update

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ASX Announcement 16 January 2023

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Issue of Options

Encounter Resources Limited (ASX:ENR) (‘Encounter’ or ‘Company’) advises of the issue of 250,000 unlisted options to employees 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 [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