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LEEUWIN METALS LTD Share Issue/Capital Change 2023

May 4, 2023

65245_rns_2023-05-04_875dd3bd-c968-4781-8204-5997b2c10a80.pdf

Share Issue/Capital Change

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ASX ANNOUNCEMENT 5 May 2023 ASX: LM1

Release of Securities from Escrow

Leeuwin Metals Ltd ( Leeuwin or the Company ) (ASX: LM1 ) advises that, in accordance with ASX Listing Rule 3.10A, the following securities will be released from escrow as per the schedule below:

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----- Start of picture text ----- Number of Fully Paid Ordinary Shares Escrow Release Date----- End of picture text -----

Number of Fully Paid Ordinary Shares Escrow Release Date
735,000 12 May 2023
1,260,005 25 May 2023
2,500,000 31 May 2023

This notice has been authorised for release to the ASX by the Company Secretary, on behalf of the Board.

KEY CONTACTS

Christopher Piggott

Managing Director E [email protected] T +61 8 6556 6427

About Leeuwin

Leeuwin is a mineral explorer committed to securing critical metals vital for the advancement of electric vehicles and renewable energy.

Leeuwin has five projects, three located in Canada and two Western Australia which are highly prospective for Nickel, Copper, PGE, and Lithium.

Our goal is to contribute to the global shift towards decarbonisation and electrification, working towards a greener future. Led by a skilled team with expertise in project generation, discovery, development, operations, and transactions.

William Lake Nickel Project is the flagship asset where the Company it exploring for high grade Nickel, Copper and PGE mineralisation hosted in sulphides. The project is located in the Thompson Nickel Belt, this belt is a highly fertile with several existing nickel mines currently in production.

Jenpeg Lithium Project is highly prospective for LCT type pegmatites. The project is located in the Cross Lake greenstone belt with previous drilling intercepting spodumene bearing pegmatites with grades of +1% Li2O present.

Complimentary Projects located in Western Australia and Ontario targeting Lithium and REE’s.

Leeuwin Metals Ltd | ACN 656 057 215 A Level 2, Suite 16, 420 Bagot Road, Subiaco, Western Australia 6008 T +61 8 6556 6427 E [email protected]

www.leeuwinmetals.com