GREENVALE ENERGY LTD — Capital/Financing Update 2021

Feb 24, 2021

25 February 2021

Company Announcements Office ASX Limited Level 6, 20 Bridge Street SYDNEY NSW 2000

CLEANSING NOTICE PURSUANT TO SHARE PURCHASE PLAN

Greenvale Mining Limited (ASX:GRV) ( Company ) gives this notice in accordance with ASIC Corporations (Share and Interest Purchase Plans) Instrument 2019/547 ( Instrument ).

The Company confirms that it will make offers to issue fully paid ordinary shares ( Shares ) under a share purchase plan (announced to ASX on 19 February 2021) without disclosure to investors under Part 6D.2 of the Corporations Act 2001 (Cth) ( Act ).

In accordance with the Instrument, the Company gives notice that:

1. it will be issuing the Shares without disclosure to investors under Part 6D.2 or Part 7.9 of the Corporations Act 2001 (Cth) ( Corporations Act );

2. this notice is being given in accordance with ASIC Corporations (Share and Interest Purchase Plans) Instrument 2019/547;

3. 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 of the Corporations Act; and,

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

The release of this announcement was authorised by the Board of Greenvale Mining Limited.

For and on behalf of Greenvale Mining Limited Alan Boys Company Secretary

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Greenvale Mining Limited ABN 54 000 743 555 130 Stirling Highway, North Fremantle WA 6159 I Locked Bag 4, North Fremantle WA 6159 t:+61 8 6215 0372 | e: admin@greenvalemining.com | www.greenvalemining.com