FREEHILL MINING LIMITED. — Capital/Financing Update 2021

Sep 6, 2021

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7 September 2021

SECTION 708A NOTICE

On 6 September 2021, Freehill Mining Limited ( Company ) issued 2,030,377 new fully paid ordinary shares ( New Shares ) to a sophisticated and professional investor on conversion of outstanding debt to equity in the following tranches:

• a) 1,023,440 at an issue price of $0.0248601 per New Share; and

• b) 1,006,937 at an issue price of $0.0248414 per New Share,

An Appendix 2A relating to the issue of the New Shares was issued on 7 September 2021.

The Company hereby gives notice that:

1. the New Shares were issued by the Company without a disclosure document under Part 6D.2 of the Corporations Act 2001 ( Act );

2. this notice has been given under section 708A(5)(e) of the Act;

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

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

   • b. section 674 of the Act; and

4. as at the date of this notice, there is no information that is ‘excluded information’ as defined in subsections 708A(7) and 708A(8) of the Act.

By order of the Board.

Yours sincerely,

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Paul Davies Chief Executive Officer