KINGFISHER MINING LTD — Capital/Financing Update 2025

May 1, 2025

ASX KFM

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2 May 2025

ASX Announcement

Option Expiry Notification

Kingfisher Mining Limited ( ASX:KFM ) (“ Kingfisher ” or the “ Company ”) advises the Company’s 14,850,001 quoted options exercisable at $0.70 expire on 30 May 2025. The Company is relying on ASX Appendix 6A s5.3 to the extent necessary to permit the Company not to send an option expiry notice to Option holders. Accordingly, the option expiry notices will not be sent to Option holders of the expiring options. The Company will advise once the options have expired.

In accordance with Clause 5.2 of Appendix 6A of the ASX Listing Rules, Kingfisher provides quoted option holders with the following information:

• The number of quoted options to which this notice applies is 14,850,001.

• On exercise, each quoted options entitles the holder to receive one fully paid ordinary share in the Company. If all of the quoted options were exercised, 14,850,001 fully paid ordinary shares in the Company would be issued.

• The exercise price for each quoted options is $0.70 (Exercise Price).

• The due date for payment of the Exercise Price is 5:00pm AEST on 30 May 2025 (Expiry Date).

• If payment is not received before the Expiry Date, the quoted options will expire unexercised and all rights will cease.

• Official quotation of the quoted options will cease on 26 May 2025, being four business days before the Expiry Date.

• The market price of the Company’s shares on 1 May 2025, being the last trading day prior to the date of this notice, was $0.048.

• The highest market price of the Company’s quoted fully paid ordinary shares during the 3 months immediately before this notice was issued was $0.057 on 24 February 2025. The lowest market price of the Company’s quoted fully paid ordinary shares during the 3 months immediately before this notice was issued was $0.035 on 3 February 2025.

• The exercise of the options is not underwritten.

This announcement has been authorised by the Board of Directors of the Company.

Ends

For further information, please contact:

Kingfisher Mining Limited

Scott Huffadine Non-Executive Chairman Ph: +61 (08) 9481 0389 E: info@kingfishermining.com.au

About Kingfisher Mining Limited

Kingfisher Mining Limited ( ASX:KFM ) is a mineral exploration company committed to increasing value for shareholders through the acquisition, exploration and development of mineral resource projects throughout Western Australia. The Company’s tenements cover 913km[2] in the underexplored Gascoyne Mineral Field.

The Company has made a number of breakthrough high grade rare earth elements discoveries in the Gascoyne region where it holds a target strike lengths of more than 54km along the Chalba mineralised corridor and more than 30km along the Lockier mineralised corridor.

To learn more please visit: www.kingfishermining.com.au

P +61 9481 0389 E info@kingfishermining.com.au W www.kingfishermining.com.au/ ABN: 96 629 675 216

Unit 2, 106 Robinson Avenue Belmont WA 6104 AUSTRALIA