LEEUWIN METALS LTD — Capital/Financing Update 2025

Jan 30, 2025

ASX ANNOUNCEMENT | 31 January 2025

==> picture [148 x 46] intentionally omitted <==

Cleansing Notice

Leeuwin Metals Ltd (ASX: LM1 ) ( 'Leeuwin' or 'the Company' ) advises that it has today issued a total of 15,839,585 fully paid ordinary shares (' New Shares ') at an issue price of A$0.098 each to institutional and sophisticated investors under tranche 1 of the placement announced on 28 January 2025, raising $1.55 million.

In accordance with section 708A(6) of the Corporations Act 2001 (Cth) (' Act '), the Company gives notice that:

1. the New Shares were issued without disclosure to investors under Part 6D.2 of the Act; and

2. this notice is being given under section 708A(5)(e) of the Act;

3. as at the date of this notice:

   • a) the Company has complied with the provisions of Chapter 2M of the Act as they apply to the Company;

   • b) the Company has complied with sections 674 and 674A of the Act; and

   • c) there is no "excluded information" within the meaning of sections 708A(7) and 708A(8) of the Act which is required to be disclosed under section 708A(6)(e) of the Act.

Authorised by the Board of Directors of Leeuwin Metals Ltd

KEY CONTACTS Christopher Piggott

Executive chair E info@leeuwinmetals.com T +61 8 6556 6427

==> picture [224 x 92] intentionally omitted <==

Leeuwin Metals Ltd ASX: LM1 | ACN 656 057 215 A: Suite 2, 64-68 Hay Street, Subiaco, Western Australia 6008 T: +61 8 6556 6427 E: info@leeuwinmetals.com W: leeuwinmetals.com