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GBM RESOURCES LIMITED. Capital/Financing Update 2022

Dec 4, 2022

64966_rns_2022-12-04_fdeb669f-e2e9-4aa5-b2f6-7fdde890ac7f.pdf

Capital/Financing Update

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ASX Announcement 5 December 2022

Suite 8, 7 The Esplanade, Mt Pleasant, WA 6153

E [email protected] P +61 (8) 9316 9100 F +61 (8) 9315 5475 www.gbmr.com.au ABN 91 124 752 745

Cancellation of Expired Options

GBM Resources Limited (GBM or Company) advises of cancellation of 38,738,706 unlisted options (exercisable at $0.075 and expiring 30 November 2022) following the end of the expiry period.

Following shareholder approval at the Company’s 2022 annual general meeting, the Company will in due course distribute to eligible holders of the abovementioned expired options a prospectus with regards to the Priority Entitlement Option Offer announced to ASX on 20 October 2022.

An Appendix 3H will be lodged following release of this announcement with respect to cancellation of the abovementioned securities.

This ASX announcement was approved and authorised for release by:

Peter Rohner, Managing Director

For further information please contact:

Investor enquiries Media enquiries Peter Rohner Michael Vaughan Managing Director Fivemark Partners +61 8 9316 9100 +61 422 602 720 [email protected] [email protected]

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