METALLIUM LIMITED — Capital/Financing Update 2021

Nov 22, 2021

23 November 2021

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ASX:MTM

RESULTS OF LOYALTY OPTIONS OFFER

Mt Monger Resources Ltd ( Mt Monger or the Company ) advises that the Company’s Loyalty Options Offer of an entitlement issue of one (1) quoted option for every three (3) fully paid ordinary shares in the capital of the Company in accordance with the Prospectus dated 26[th] October 2021 ( Loyalty Options Offer ) closed on 17 November 2021.

The Loyalty Options Offer allowed for up to 14,316,666 Quoted Options ( Options ) to be issued to raise up to approximately $71,583 (before costs). The Options had an issue price of $0.005 per Option with each Option exercisable at $0.25 within 3 years of issue.

The Company received total applications for 10,478,751 Options ($52,727), with Shortfall applications from Eligible Shareholders far exceeding the number of Options that were available under the Shortfall Offer.

The Board, at its discretion, has accepted applications from Eligible Shareholders for 3,837,915 Options under the Shortfall Offer.

The Options will be issued as per the timetable for the Loyalty Options Offer. Application is being made for the Options to be listed and they will trade under the ticker MTMO.

The Directors wish to thank those shareholders who participated in the Loyalty Options Offer for their ongoing support of the Company.

-Ends-

This announcement has been authorised for release by the Board of Directors.

For further information, please contact: Lachlan Reynolds Simon Adams Managing Director Company Secretary Mt Monger Resources Limited Mt Monger Resources Limited Tel: +61 (0)8 6391 0112 Tel: +61 (0)8 6391 0112 Email: lachlan@mtmongerresources.com.au Email: simon@mtmongerresources.com.au

About Mt Monger Resources Limited

Mt Monger Resources Limited is an exploration company searching for gold, nickel, rare earth elements (REE) and base metals in the Goldfields of Western Australia. The Company holds over 3,000km[2] of tenements in two prolific and highly prospective goldfields. The Mt Monger Gold Project comprises a contiguous area of ~120km[2] area containing known gold deposits occurrences in the Mt Monger area, located ~70km SE of Kalgoorlie and immediately adjacent to the Randalls gold mill operated by Silver Lake Resources Limited. The East Laverton Gold Project is a regionally extensive package of underexplored tenements prospective for gold, base metals and REE. Priority drilling targets have been identified in both project areas and the Company is well funded to undertake effective exploration programs. The Company has an experienced Board and management team which is focused on discovery to increase value for Shareholders.

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