INFINITY MINING LIMITED — Capital/Financing Update 2022

Oct 6, 2022

Application for quotation of +securities

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Announcement Summary

Entity name

INFINITY MINING LIMITED

Announcement Type

New announcement

Date of this announcement

Friday October 07, 2022

The +securities to be quoted are:

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+Restricted securities where the escrow period has expired or is about to expire

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
IMI	ORDINARY FULLY PAID	5,618,750	05/10/2021

Refer to next page for full details of the announcement

Application for quotation of +securities

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Application for quotation of +securities

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Part 1 - Entity and announcement details

1.1 Name of entity

INFINITY MINING LIMITED

We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules.

1.2 Registered number type

ABN

Registration number 73609482180

1.3 ASX issuer code

IMI

1.4 The announcement is

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New announcement

1.5 Date of this announcement

7/10/2022

Application for quotation of +securities

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Application for quotation of +securities

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Part 2 - Type of Issue

2.1 The +securities to be quoted are:

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+Restricted securities where the escrow period has expired or is about to expire

2.2 The +securities to be quoted are:

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Additional +securities in a class that is already quoted on ASX ("existing class")

Application for quotation of +securities

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Application for quotation of +securities

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Part 3B - number and type of +securities to be quoted (existing class) where issue has not previously been notified to ASX in an Appendix 3B

Additional +securities to be quoted in an existing class as a result of escrow expiring on an existing class

FROM (Existing Class) ASX +security code and description IMIAA : ORDINARY FULLY PAID RESTRICTED

TO (Existing Class) ASX +security code and description IMI : ORDINARY FULLY PAID

Please state the number of +restricted securities where the escrow period And the date the escrow restrictions has expired or is about to expire have ceased or will cease 5,618,750 5/10/2022

Issue date 5/10/2021

Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class?

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Yes

Application for quotation of +securities

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Application for quotation of +securities

Issue details

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Number of +securities to be quoted

5,618,750 Are the +securities being issued for a cash consideration? Yes In what currency is the cash consideration being paid? What is the issue price per +security? AUD - Australian Dollar AUD 0.10000000

Any other information the entity wishes to provide about the +securities to be quoted

Shares issued under the Pre-Offer Capital Raise pursuant to which the Seed Capitalist Investors agreed to subscribe for the Seed Subscription. See section 10.10 of the IMI prospectus for further details.

Application for quotation of +securities

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Application for quotation of +securities

Part 4 - Issued capital following quotation

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Following the quotation of the +securities the subject of this application, the issued capital of the entity will comprise:

(A discrepancy in these figures compared to your own may be due to a matter of timing if there is more than one application for quotation/issuance currently with ASX for processing.)

4.1 Quoted +securities (total number of each +class of +securities quoted on ASX following the +quotation of the +securities subject of this application)

	Total number of
ASX +security code and description	+securities on issue
IMI : ORDINARY FULLY PAID	63,118,750
4.2 Unquoted +securities (total number of each +class of +securities issued but not quoted on ASX)
	Total number of
ASX +security code and description	+securities on issue
IMIAA : ORDINARY FULLY PAID RESTRICTED	0
IMIAB : ORDINARY FULLY PAID RESTRICTED	10,000,000
IMIAC : ORDINARY FULLY PAID RESTRICTED	35,693,672
IMIAD : OPTION EXPIRING 10-JUN-2024 RESTRICTED	5,000,000
IMIAE : OPTION EXPIRING 10-JUN-2023 EX $0.30	25,000,000

4.2 Unquoted +securities (total number of each +class of +securities issued but not quoted on ASX)

Application for quotation of +securities

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