METRO MINING LIMITED — Capital/Financing Update 2021

Jun 6, 2021

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Further Suspension Update

Metro Mining Limited (ACN 117 763 443) (ASX: MMI) ( Metro Mining ) wishes to advise that it is still not in a position to make an announcement at this time regarding ongoing negotiations with existing lenders of Metro Mining in relation to a potential bridge finance facility ( Announcement ), as referenced in its request for trading halt dated 25 May 2021, its request for suspension dated 27 May 2021, and its ASX Announcement dated 3 June 2021. Metro Mining is continuing to actively progress these negotiations with its existing lenders and is hopeful that terms can be agreed and finalised with them during the course of the next week.

Metro Mining expects that it will be in a position to release the Announcement by no later than Monday, 14 June 2021.

ASX: MMI | ACN 117 763 443

Further Info: P : +61 (0) 7 3009 8000 | E : info@metromining.com.au |W: www.metromining.com.au Contact: Simon Finnis, Managing Director & CEO | Mitchell Petrie, Co Secretary | Duane Woodbury , CFO Address: Level 2, 247 Adelaide St, Brisbane | GPO Box 10955, Brisbane Q 4000

This ASX Announcement has been authorised by, Metro Mining Director, Simon Finnis.

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