INFINITY METALS LIMITED — Share Issue/Capital Change 2021

Jan 4, 2021

ACN 147 413 956

==> picture [182 x 79] intentionally omitted <==

ASX: INF ANNOUNCEMENT

5 January 2021

Company Announcements Office Australian Securities Exchange Limited Electronic Lodgement system

NOTICE UNDER SECTION 708A

An Appendix 2A was released on 5 January 2021 for the issue of a total of 523,177 fully paid ordinary shares as a result of the exercise of unlisted options exercisable at $0.12, expiring 30 November 2022. (‘ The Securities’ ).

The Company gives notice pursuant to Section 708A (5)(e) of the Corporations Act that:

• (a) The Securities were issued without disclosure under Part 6D(2) of the Corporations Act.

• (b) The Company, as at the date of this notice, has complied with the provisions of Chapter 2M of the Corporations Act and Section 674 of the Corporations Act.

• (c) There is no excluded information to be disclosed for the purposes of Section 708A (7) and (8) of the Corporations Act.

Yours Sincerely

==> picture [101 x 88] intentionally omitted <==

Jonathan Whyte Company Secretary

Authorised for release by the Managing Director. For further inquiries please contact;

Ryan Parkin CEO, Managing Director T: +61 (8) 6146 5325 E: rparkin@infinitylithium.com