HAWSONS IRON LTD — Capital/Financing Update 2024

May 7, 2024

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Notice under section 708A(5)(e) Corporations Act 2001

8 May 2024

Hawsons Iron Limited ( Hawsons or the Company ) ( ASX:HIO ) advises that it has issued 59,551,518 fully paid ordinary shares in the capital of the Company ( New Shares ) at an issue price of $0.033 per New Share pursuant to the Placement announced on 24 April 2024 and as per the Appendix 2A lodged with the ASX on 3 May 2024.

The Company gives notice that:

• (a) this notice is being given under section 708A(5)(e) of the Corporations Act 2001 (Cth) ( Corporations Act );

• (b) the New Shares issued pursuant to the Placement were issued without disclosure to investors under Part 6D.2 of the Corporations Act;

• (c) as at the date of this notice, the Company has complied with:

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

  • ii. section 674 of the Corporations Act; and

• (d) as at the date of this notice, there is no information that is “excluded information” within the meaning of sections 708A(7) and 708A(8) of the Corporations Act.

Released by authority of the Board

Hawsons Iron Limited

8 May 2024

For further information:

Mr Michael Harvey CFO and Company Secretary E: Michael.Harvey@hawsons.com.au P: +61 07 3220 2022