LATITUDE 66 LIMITED — Capital/Financing Update 2021

Oct 5, 2021

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ASX Announcement: 6 October 2021

Exercise Price of Options

DiscovEx Resources Limited ( Company or DiscovEx ) is holding its 2021 Annual General Meeting at 10.00am tomorrow. At the meeting, Shareholders are considering the approval of options with the exercise price being equal to:

• (i) Tranche 1: 145% of the VWAP of Shares traded on ASX for the 5 trading days up to and including the day prior to the Meeting;

• (ii) Tranche 2: 190% of the VWAP of Shares traded on ASX for the 5 trading days up to and including the day prior to the Meeting.

The Company advises that based on the previous 5 days VWAP for the Company’s Shares the exercise price of the options will be $0.00725 and $0.0095 for Tranche 1 and Tranche 2 respectively.

Authorised for release by and investor enquiries to: Toby Wellman Managing Director T: 08 9380 9440

For and on behalf of DISCOVEX RESOURCES LIMITED

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