HAMMER METALS LIMITED — Capital/Financing Update 2021

Dec 28, 2021

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ASX RELEASE 24 December 2021

SECONDARY TRADING NOTICE PURSUANT 708A(5)(E) OF THE CORPORATIONS ACT 2001

DIRECTORS / MANAGEMENT

Russell Davis Chairman

Daniel Thomas Managing Director

Ziggy Lubieniecki Non-Executive Director

David Church Non–Executive Director

Mark Pitts Company Secretary

Mark Whittle Chief Operating Officer

The Company confirms the issue of 1,500,000 fully paid ordinary shares on 21 December 2021, which were issued following the exercise of performance rights.

The Company gives notice under section 708A(5)(e) of the of the Corporations Act 2001 (Cth) (“the Act”) that:

• (a) the Shares were issued without disclosure to investors under Part 6D.2 of the Act;

• (b) as a disclosing entity, the Company is subject to regular reporting and disclosure obligations;

• (c) as at the date of this notice, the Company has complied with the provisions of Chapter 2M as they apply to the Company and section 674 of the Act; and

• (d) as at the date of this notice, there is no information that is ‘excluded information’ within the meaning of section 708A(7) and 708A(8) of the Act which is required to be disclosed by the Company under section 708A(6)(e) of the Act.

CAPITAL STRUCTURE

ASX Code: HMX

Share Price (23/12/2021) $0.044 Shares on Issue 815m Market Cap $35.9m Options Unlisted 27m Performance Rights 8m

This announcement has been authorised for issue Mark Pitts, Company Secretary, Hammer Metals Limited in accordance with ASX Listing Rule 15.5.

For further information please contact:

Daniel Thomas

Managing Director

T +61 8 6369 1195 E info@hammermetals.com.au

T (08) 6369 1195 E info@hammermetals.com.au ABN 87 095 092 158 P Unit 1, 28-30 Mayfair Street, West Perth, WA 6005

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