MANUKA RESOURCES LTD. — Capital/Financing Update 2022

Mar 3, 2022

4 March 2022

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Market Announcements Platform ASX Limited 20 Bridge Street Sydney NSW 2000

Dear Sir/Madam

Cleansing notice

Manuka Resources Limited (ASX: MKR) ( Company ) provides this cleansing notice following the issuance of 16,666,669 fully paid ordinary shares in the Company (each, a Share ) as detailed in the Company's capital raising announcement dated 24 February 2022.

As required by section 708A(6) of the Corporations Act 2001 (Cth) ( Corporations Act ), the Company hereby advises that:

• the Company issued the 16,666,669 new Shares to certain sophisticated and professional investors[1] without disclosure to those investors under Part 6D.2 of the Corporations Act;

• this cleansing notice is being given to ASX by the Company under section 708(5)(e) of the Corporations Act;

• as at the date of this notice, the Company has complied with:

  • the provisions of Chapter 2M of the Corporations Act, as they apply to the Company; and

  • section 674 of the Corporations Act; and

• there is no "excluded information" (as that term is defined in and qualified by section 708A(7) and section 708A(8) of the Corporations Act, respectively) which would otherwise be required to be set out in this cleansing notice pursuant to section 708A(6)(e) of the Corporations Act.

The contents and release of this cleansing notice has been authorised by the Company’s Executive Chairman, Mr Dennis Karp.

Yours sincerely

Signed:

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Name: Dennis Karp

Title: Executive Chairman

1 In each case, within the meanings given to those terms in section 708 of the Corporations Act.

Manuka Resources Limited - Level 4 Grafton Bond Building, 201 Kent St Sydney NSW Australia 2000 ABN 80 611 963 225 tel +61 (0)412 268 114 www.manukaresources.com.au

www.manukaresources.com.au