JUPITER MINES LIMITED. — Capital/Financing Update 2021

Feb 23, 2021

ASX Market Announcements Office Level 4, 20 Bridge Street SYDNEY NSW 2000

24 February 2021

TIMETABLE FOR REDUCTION OF CAPITAL

Jupiter Mines Limited (ASX: JMS) advises that further to its announcement of 19 February 2021 notifying shareholder approval of the reduction of capital, the effective date for the capital reduction has been extended to 1 March 2021 pending satisfaction of the conditions for the capital reduction, including receipt of notification from ASX of its conditional approval for the listing of Juno Minerals Limited on ASX.

The revised timetable for the reduction of capital, distribution of Juno shares and listing of Juno on ASX is as follows:

Event	Target Date
Effective Date – date notified to ASX for equal Share CapitalReduction under the Distribution to take effect	1 March 2021
Trading of Jupiter shares commences on “ex” basis	3 March 2021
Record date for calculating entitlements under the distribution	4 March 2021
Expiry of 14-day moratorium period following shareholderapproval of the capital reduction	5 March 2021
Distribution of Juno shares to eligible shareholders	8 March 2021
Juno shares commence trading on ASX	11 March 2021

A revised Appendix 3A.5 notice accompanies this announcement.

For, and on behalf of the Board,

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Melissa North Chief Financial Officer and Company Secretary Jupiter Mines Limited