FIN RESOURCES LIMITED — Capital/Financing Update 2021

May 3, 2021

ASX Release

4 May 2021

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NOTIFICATION OF EXPIRY OF UNLISTED OPTIONS

Fin Resources Limited (ASX: FIN) (“Fin” or the “Company”) advises that 32,000,000 unlisted options with an exercise price of $0.03 are scheduled to expire at 5.00pm (WST) on 14 May 2021 (“Expiry Date”).

There is no obligation upon option holders to exercise their options, however if payment is not received by the Expiry Date the options will lapse and all rights under the options will cease at that time. Attached to this announcement is a copy of a letter that was sent to all option holders.

Corporate Directory

Non-Executive Director Jason Bontempo

Non-Executive Director Simon Mottram

Non-Executive Director Andrew Radonjic

Company Secretary Aaron Bertolatti

Authorised for release by: Jason Bontempo - Non-Executive Director

For further information contact:

Jason Bontempo - info@finresources.com.au

Registered Office 35 Richardson Street West Perth WA 6005

info@finresources.com.au www.finresources.com.au

ABN: 25 009 121 644

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4 May 2021

Dear Option Holder,

EXPIRY OF UNLISTED OPTIONS – FIN90208 UO14052021/$0.03

You are the registered holder of the above-mentioned unlisted options in Fin Resources Limited ( FIN ) expiring on 14 May 2021.

1. These options entitle you to acquire one fully paid ordinary share in the capital of FIN for each option you choose to exercise.

2. The exercise price of these options is A$0.03 each.

3. The due date for payment is 5.00pm WST on 14 May 2021 ( Due Date ).

4. There is no obligation upon you to exercise your options, however if payment is not received by the Due Date the options will lapse and all rights under the options will cease at that time.

5. The market price of ordinary fully paid shares in FIN on Australian Securities Exchange ( ASX ) was A$0.042 on 3 May 2021, being the last trading day in FIN prior to the dispatch of this letter.

6. During the three months preceding the date of this notice the highest market price of ordinary fully paid shares in FIN on the ASX was $0.046 on 28 April 2021, and the lowest market price was $0.015 on 12 March 2021.

If you wish to exercise your options, then you must complete an application for shares on exercise of options and forward it together with payment of A$0.03 per option exercised to be received no later than 5.00pm (WST) on 14 May 2021 to the following address;

FIN RESOURCES LIMITED PO Box 1440 West Perth WA 6872

The Company encourages you to seek your own professional advice in deciding whether or not to exercise your options. If you have any questions regarding the exercise of your options, please contact the Company on 08 6117 0453 or at info@finresources.com.au.

Yours faithfully

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Aaron Bertolatti

Company Secretary Fin Resources Limited

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