FireFly Metals Ltd. — Capital/Financing Update 2022

Feb 27, 2022

ASX: AUT 28 February 2022

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ASX ANNOUNCEMENT

Cleansing Notice

AuTECO Minerals (ASX: AUT ) (“ Auteco ” or the “ Company ”) is pleased to announce it has raised $20m before costs by issuing 250m fully paid ordinary shares with an issue price of $0.08 per share (“ Shares ”). The Shares were issued pursuant to ASX Listing Rule 7.1.

Cleansing Notice

Auteco issued the Shares without disclosure to investors under section 708A(5) of the Corporations Act 2001(Cth) (“ Corporations Act ”).

With reference to the Shares issued, in accordance with Section 708A(6) of the Corporations Act, the Company gives notice under paragraph 708A(5)(e) that:

1. The Shares were issued without disclosure under Part 6D.2 of the Corporations Act;

2. As at the date of this notice:

   • a. the Company has complied with the provisions of Chapter 2M of the Corporations Act as it applies to the Company;

   • b. the Company has complied with sections 674 and 674A of the Corporations Act; and

   • c. there is no excluded information within the meaning of sections 708A(7) and 708A(8) of the Corporations Act which is required to be disclosed under section 708A(6)(e) of the Corporations Act.

For and on behalf of the Board.

Nicholas Katris Company Secretary

ABOUT AUTECO MINERALS

AuTECO Minerals Ltd (ASX: AUT) is an emerging mineral exploration company focused on advancing high-grade gold Resources at the Pickle Crow Gold Project in the world-class Uchi subprovince of Ontario, Canada.

The Pickle Crow Gold Project currently hosts an inferred JORC 2012 Mineral Resource of 2.23 Moz at 7.8 g/t gold, with a 50,000m drilling program underway to expedite Resource growth.

Pickle Crow is one of Canada’s highest-grade gold mines – historically producing 1.5 Moz at

16.1 g/t gold.

The Company also has a joint venture on the Limestone Well Vanadium-Titanium Project in Western Australia.

For further information regarding AuTECO Minerals Ltd please visit the ASX platform (ASX: AUT) or the Company’s website https://www.autecominerals.com

ASX: AUT

T: +61 8 9220 9030 E: info@autecominerals.com W: www.autecominerals.com

ACN: 110 336 733 Ray Shorrocks - Executive Chairman Michael Naylor - Non-Executive Director Principal and Registered Office: Ground Floor Stephen Parsons - Non-Executive Director 24 Outram Street Nicholas Katris - Company Secretary West Perth WA 6005 Darren Cooke - Chief Operating Officer

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