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FIN RESOURCES LIMITED Capital/Financing Update 2023

May 1, 2023

64920_rns_2023-05-01_02a4ffa5-87af-4c8c-abe3-27972c6e3b3d.pdf

Capital/Financing Update

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ASX Release

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Acquisition Completion and Work Commences at Mt Tremblant Lithium

Fin Resources Limited (ASX: FIN) (the “Company”) is pleased to advise that it has completed the acquisition of a 100% interest in the Mt Tremblant Lithium Projects, comprised of the Cancet West, Ross and the Gaspe Lithium Projects (collectively the “MTLP”) located in Quebec, Canada (the “Acquisition”). The MTLP comprises 480 granted mineral claims and 5 pending mineral claims covering a combined area of 130 km[2] .

For more information about the MTLP and the Acquisition, refer to the Company’s ASX announcement dated 5 April 2023.

2 May 2023

ASX: FIN

Corporate Directory

Technical Director Brian Talbot Non-Executive Director Jason Bontempo

Non-Executive Director and Company Secretary Aaron Bertolatti

The Company would also like to announce that it has engaged global image processing expert Dr. Neil Pendock from Dirt Exploration based out of Cape Town, South Africa. The work being undertaken by Dr. Pendock includes high-resolution satellite imagery analysis over the MTLP. Analysis of various datasets being undertaken including Japanese Aster and European Space Agency Sentinel-2, which offer high spatial resolution visible/near infrared (VNIR), shortwave infrared (SWIR) and longwave infrared (LWIR) imagery. The work being undertaken is part of a broader desktop analysis program underway which includes further compilation and analysis of all publicly available historical data covering the Projects. The in-progress work streams are being completed in advance of planned boots on the ground exploration which will be completed during the upcoming North American summer field season.

ENDS

This ASX release was authorised by the Board of the Company

For further information contact:

Jason Bontempo - [email protected]

Registered Office 35 Richardson Street West Perth WA 6005

[email protected] www.finresources.com.au

ABN: 25 009 121 644