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EXULTANT MINING LIMITED Capital/Financing Update 2025

Dec 8, 2025

64245_rns_2025-12-08_9102c2f1-16d4-4d4d-b977-e435dfcbcbe2.pdf

Capital/Financing Update

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Market Announcement

9 December 2025

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Exultant Mining Limited (ASX: 10X) – Admission and Quotation

Description

Exultant Mining Limited (‘10X’) was admitted to the Official List of ASX on Tuesday, 9 December 2025.

The securities of 10X will commence quotation at 12:00 PM AEDT on Thursday, 11 December 2025.

10X raised $5,000,000 pursuant to the offer under its prospectus dated 23 October 2025 by the issue of 25,000,000 shares at an issue price of $0.20 per share.

Quotation information

Quoted securities Fully paid ordinary shares: 27,099,999
ASX code Fully paid ordinary shares: 10X
Time 12:00 PM AEDT
Date Thursday, 11 December 2025
ASX trade abbreviation EXULTANT
ISIN Fully paid ordinary shares: AU0000430449
Registered office Exultant Mining Limited
Address: Level 8, 216 St Georges Terrace, PERTH WA 6000
Phone: + 61 8 9481 0389
Email: [email protected]
Company secretary Amanda Wilton-Heald
Share Registry Xcend Pty Ltd
Address: Level 2, 477 Pitt Street, HAYMARKET NSW 2000
Phone: +61 2 8591 8509
Email: [email protected]
Balance date 30 June
CHESS Participating. CHESS and Issuer Sponsored.
Place of incorporation Western Australia
Dividend policy See section 5.10 of the Prospectus
Activities Mineral exploration and mining
Lead manager GBA Capital Pty Ltd and Bay Financial Pty Ltd
Underwriter N/A
ASX restricted securities 9,225,002 fully paid ordinary shares classified by ASX as restricted
securities and to be held in escrow until 11 December 2027, being 24
months from the date of Quotation.

Market Announcement 1/2 ASX Customer Service Centre 131 279 | asx.com.au

9 December 2025 ASX Limited

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875,000 fully paid ordinary shares classified by ASX as restricted securities and to be held in escrow until 5 September 2026, being 12 months from the date of issue.

7,000,000 options exercisable at $0.30 on or before 9 December 2028, classified by ASX as restricted securities and to be held in escrow until 11 December 2027, being 24 months from the date of Quotation.

Other securities not quoted N/A

What do I need to do and by when?

For further information, please refer to 10X’s Prospectus.

Need more information?

For further information, please call the Share Registry by phone on +61 2 8591 8509 or email at [email protected].

Disclaimer

Please refer to the following disclaimer.

Issued by

ASX Compliance

Market Announcement 2/2

9 December 2025

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