LORD RESOURCES LIMITED — Capital/Financing Update 2024

Jun 25, 2024

ASX ANNOUNCEMENT 26 June 2024

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TRANCHE 2 PLACEMENT COMPLETED & CLEANSING NOTICE

Lord Resources Limited (ASX: LRD) (“Lord” or the “Company”) wishes to confirm the allotment of 19.25 million ordinary fully paid shares ( Shares ) at $0.05 per share to raise $962,500 to institutional and sophisticated investors, along with existing shareholders (“ Placement ”). This comprises Tranche 2 of the Placement as announced on 24 April 2024 and Lord advises that the total amount raised from the Placement was $1.5 million.

The Company has also issued 15 million free attaching options exercisable at $0.10 each, expiring 15 June 2027 to the Placement Participants and 5 million options exercisable at $0.10, expiring 15 June 2027 and 5 million options exercisable at $0.12, expiring 15 June 2027 to Bell Potter Securities Limited and its nominees for acting as Lead Manager for the Placement.

The issue of the above-mentioned securities was made in accordance with resolutions passed at the Company’s General Meeting held on 20 June 2024,

The Company gives notice that:

• it issued the Shares without disclosure to investors under Part 6D.2 of the Corporations Act 2001 (“Act”);

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

• as at today’s date, the Company has complied with: (i) the provisions of Chapter 2M of the Act as they apply to the Company; and (ii) section 674 and section 674A of the Act; and

• as at the date of this notice, there is no excluded information, as that term is defined in Sections 708A(6)(e), 708A(7) and 708A(8) of the Act.

This announcement was authorised by Mr Paul Jurman, Company Secretary of Lord Resources Limited.

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For further information please contact: Barnaby Egerton-Warburton Executive Director E: bew@lordresources.com

P: +61 437 291 155

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