INFINI RESOURCES LIMITED — Capital/Financing Update 2025

Oct 22, 2025

Appendix 3B - Proposed issue of securities

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Announcement Summary

Entity name

INFINI RESOURCES LIMITED

Announcement Type

New announcement

Date of this announcement

23/10/2025

The Proposed issue is:

A standard pro rata issue (including non-renounceable or renounceable)

Total number of +securities proposed to be issued for a standard pro rata issue (including non-renounceable or renounceable)

enounceable)
		Maximum Number of
ASX +security code	+Security description	+securities to be issued
New class-code to be	Options exercisable at $0.27 each and expiring on 30	26,648,201
confirmed	September 2028

Ex date

6/11/2025

+Record date

7/11/2025

Offer closing date

21/11/2025

Issue date

28/11/2025

Refer to next page for full details of the announcement

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Appendix 3B - Proposed issue of securities

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Part 1 - Entity and announcement details

1.1 Name of +Entity

INFINI RESOURCES LIMITED

We (the entity named above) give ASX the following information about a proposed issue of +securities and, if ASX agrees to +quote any of the +securities (including any rights) on a +deferred settlement basis, we agree to the matters set out in Appendix 3B of the ASX Listing Rules.

If the +securities are being offered under a +disclosure document or +PDS and are intended to be quoted on ASX, we also apply for quotation of all of the +securities that may be issued under the +disclosure document or +PDS on the terms set out in Appendix 2A of the ASX Listing Rules (on the understanding that once the final number of +securities issued under the +disclosure document or +PDS is known, in accordance with Listing Rule 3.10.3C, we will complete and lodge with ASX an Appendix 2A online form notifying ASX of their issue and applying for their quotation).

1.2 Registered Number Type

ABN

Registration Number

77656098583

1.3 ASX issuer code

I88

1.4 The announcement is

New announcement

1.5 Date of this announcement

23/10/2025

1.6 The Proposed issue is:

A standard +pro rata issue (non-renounceable or renounceable)

1.6a The proposed standard +pro rata issue is:

• Non-renounceable

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Appendix 3B - Proposed issue of securities

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Part 3 - Details of proposed entitlement offer issue

Part 3A - Conditions

3A.1 Do any external approvals need to be obtained or other conditions satisfied before the entitlement offer can proceed on an unconditional basis? No

Part 3B - Offer details

+Class or classes of +securities that will participate in the proposed issue and +class or classes of +securities proposed to be issued

ASX +security code and description

I88 : ORDINARY FULLY PAID

Is the proposed security a 'New Will the proposed issue of this If the entity has quoted company class' (+securities in a class that is +security include an offer of options, do the terms entitle option not yet quoted or recorded by ASX) attaching +securities? holders to participate on exercise? or an 'Existing class' (additional No No securities in a class that is already quoted or recorded by ASX)? New class

Details of +securities proposed to be issued

ISIN Code (if Issuer is a foreign company and +securities do not have +CDIs issued over them)

ISIN Code for the entitlement or right to participate in a non-renounceable issue (if Issuer is foreign company and +securities do not have +CDIs issued over them)

Have you received confirmation from	Will the entity be seeking quotation
ASX that the terms of the proposed	of the 'new' class of +securities on
+securities are appropriate and	ASX?
equitable under listing rule 6.1?	Yes
No
ASX +security code	+Security description
New class-code to be confirmed	Options exercisable at $0.27 each and expiring on 30 September 2028

+Security type

Options

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Appendix 3B - Proposed issue of securities

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	Appendix 3B - Proposed issue of securities	Appendix 3B - Proposed issue of securities	Appendix 3B - Proposed issue of securities	Appendix 3B - Proposed issue of securities	Appendix 3B - Proposed issue of securities	Appendix 3B - Proposed issue of securities	Appendix 3B - Proposed issue of securities	Appendix 3B - Proposed issue of securities
	Offer ratio (ratio to existing holdings at which the proposed +securities will be issued)The quantity of additional +securitiesto be issued1For a given quantity of +securitiesheld4
	What will be done with fractionalentitlements?Maximum number of +securitiesproposed to be issued (subject torounding)
	Fractions rounded up to the nextwhole number26,648,201Offer price details for retail security holdersIn what currency will the offer bemade?AUD - Australian DollarWhat is the offer price per +securityfor the retail offer?AUD 0.02000
	Oversubscription &	Scale back detail
	Will individual +secentitlement (i.e. to oNo	urity holders be pever-subscribe)?	rmitted to apply for more	than their
	Will a scale back beWill all the +securitiNo	applied if the offees issued in this c	r is over-subscribed?lass rank equally in all re	spects from
their issue date?Yes	their issue date?Yes

Options details +Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.2700 30/9/2028 Details of the type of +security that will be issued if the option is exercised I88 : ORDINARY FULLY PAID

Number of securities that will be issued if the option is exercised

1 fully paid ordinary share Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities proposed to be issued or provide the information by separate announcement. The Company intends to issue eligible Infini shareholders holding shares on the record date, 1 loyalty option for every 4 Infini shares held. The loyalty options will have an exercise price of $0.27 and expiry date of 30 September 2028. Refer to the Prospectus intended to be lodged on Monday, 3 November 2025.

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Appendix 3B - Proposed issue of securities

Part 3C - Timetable

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3C.1 +Record date

7/11/2025

3C.2 Ex date

6/11/2025

3C.4 Record date

7/11/2025

3C.5 Date on which offer documents will be sent to +security holders entitled to participate in the +pro rata issue

12/11/2025

3C.6 Offer closing date

21/11/2025

3C.7 Last day to extend the offer closing date

18/11/2025

3C.9 Trading in new +securities commences on a deferred settlement basis

24/11/2025

3C.11 +Issue date and last day for entity to announce results of +pro rata issue

28/11/2025

3C.12 Date trading starts on a normal T+2 basis

1/12/2025

3C.13 First settlement date of trades conducted on a +deferred settlement basis and on a normal T+2 basis

3/12/2025

Part 3E - Fees and expenses

3E.1 Will there be a lead manager or broker to the proposed offer? No

3E.2 Is the proposed offer to be underwritten? No

3E.3 Will brokers who lodge acceptances or renunciations on behalf of eligible +security holders be paid a handling fee or commission? No

3E.4 Details of any other material fees or costs to be incurred by the entity in connection with the proposed offer

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Appendix 3B - Proposed issue of securities

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Part 3F - Further Information

3F.1 The purpose(s) for which the entity intends to use the cash raised by the proposed issue The funds raised will be used to cover the costs of the offer and for general working capital. 3F.2 Will holdings on different registers or subregisters be aggregated for the purposes of determining entitlements to the issue? No 3F.3 Will the entity be changing its dividend/distribution policy if the proposed issue is successful? No 3F.4 Countries in which the entity has +security holders who will not be eligible to participate in the proposed issue Any security holders with a registered address which is outside Australia, New Zealand or Hong Kong will not be eligible to participate in the proposed issue 3F.5 Will the offer be made to eligible beneficiaries on whose behalf eligible nominees or custodians hold existing +securities Yes 3F.5a Please provide further details of the offer to eligible beneficiaries Refer to the Prospectus intended to be lodged on Monday, 3 November 2025. 3F.6 URL on the entity's website where investors can download information about the proposed issue

3F.7 Any other information the entity wishes to provide about the proposed issue

3F.8 Will the offer of rights under the rights issue be made under a +disclosure document or product disclosure statement under Chapter 6D or Part 7.9 of the Corporations Act (as applicable)? Yes

3F.9 Any on-sale of the +securities proposed to be issued within 12 months of their date of issue will comply with the secondary sale provisions in sections 707(3) and 1012C(6) of the Corporations Act by virtue of: The publication of a +disclosure document or +PDS for the +securities proposed to be issued

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