FORTUNA METALS LTD — Capital/Financing Update 2024

Mar 7, 2024

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ABN

ADDRESS

Level 8, 99 St Georges Terrace 96 095 684 389 Perth WA 6000 PHONE WEBSITE +61 (08) 9486 4036 www.lanthanein.com

8 March 2024

Notice Given Under Section 708A(5)(e) of the Corporations Act

Lanthanein Resources Limited ( Lanthanein or the Company ) hereby gives notice to ASX for the purpose of section 708A(5)(e) of the Corporations Act 2001 (Cth) ( Corporations Act ) that on 1 March 2024 it issued and allotted 565,096,998 fully paid ordinary shares in the capital of the Company at $0.003 per share and on 8 March 2024 it issued 100,000,000 pursuant to the terms of the Gondwana Option Agreement announced to the market on 6 December 2023 ( Securities ) without disclosure under Part 6D.2 of the Corporations Act.

The Securities are part of a class of securities quoted on ASX and may be subject to a subsequent offer for sale.

Appendix 2As were lodged on 1 and 8 March 2024 in respect to the Securities issued and the Company hereby notifies ASX under s708A(5)(e) of the Corporations Act that:

1. the Company issued the Securities without disclosure to investors under Part 6D.2 of the Corporations Act.

2. as at the date of this notice the Company has complied with:

   • (a) the provisions of Chapter 2M of the Corporations Act as they apply to the Company; and

   • (b) section 674 and section 674A of the Corporations Act.

3. as at the date of this notice there is no "excluded information" (as defined in sections 708A (7) and (8) of the Corporations Act) which is required to be disclosed by the Company.

This announcement has been authorised for release by:

Matthew Foy Company Secretary Lanthanein Resources Limited