MINERAL COMMODITIES LTD — Capital/Financing Update 2023

Nov 12, 2023

ASX: MRC 13 November 2023

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ASX RELEASE
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ENTITLEMENT OFFER – EXTENSION OF CLOSING DATE OF RETAIL OFFER

Mineral Commodities Ltd (ASX:MRC) (“ MRC ” or the “ Company ”) refers to its pro-rata nonrenounceable entitlement offer (“ Entitlement Offer ”) pursuant to a prospectus dated and released on the ASX on Thursday, 26 October 2023 (“ Prospectus ”).

The Company wishes to advise that the Closing Date of the Retail Offer has been extended from 16 November 2023 to 23 November 2023.

The Entitlement Offer timetable has been revised as follows:

Entitlement Offer indicative timetable

Entitlement Offer indicative timetable	Entitlement Offer indicative timetable	Entitlement Offer indicative timetable	Entitlement Offer indicative timetable	Entitlement Offer indicative timetable	Entitlement Offer indicative timetable
Last dayto extend closingdate of the Retail Offer Monday,20 November 2023
Retail Offer closing date 5.00pm (AWST) Thursday, 23 November 2023
Announcement of results of the Retail Offer, issue of Shares under the Retail Offer and lodgement of Appendix 2A with ASX Thursday, 30 November 2023
Quotation of N	ew Shares u	nder Retail O	ffer	Friday,1	December 2023
	etable is indic and quotatio the Corporatio	ative only an n of new shar	d subject t es is subje	o change at the Compan ct to confirmation from A
		ns Act, the AS	X Listing R	ules and other applicable r
	nd this timetab	le at any time	, including	extending the period for th

Note – The timetable is indicative only and subject to change at the Company’s discretion. The commencement and quotation of new shares is subject to confirmation from ASX. Subject to the requirements of the Corporations Act, the ASX Listing Rules and other applicable rules, MRC reserves the right to amend this timetable at any time, including extending the period for the Entitlement Offer or accepting late applications, either generally or, in particular cases, without notice. Changes will be advised to the ASX. Unless otherwise specified, all times and dates refer to AWST.

Further information

Further details of the Entitlement Offer, including details on how to accept the Entitlement Offer and key risks associated with an investment in the Company are set out in the Prospectus. Applications for Shares under the Entitlement Offer may only be made by completing the entitlement and acceptance form which accompanies the Prospectus. Shareholders eligible to participate in the Entitlement Offer should read the Prospectus carefully and consult their professional advisers as necessary.

This release has been authorised on behalf of Mineral Commodities Ltd by the Board of the Company.

ABN 39 008 478 653 info@mncom.com.au www.mncom.com.au

T: +61 8 6373 8900 PO Box 91 BELMONT WA 6984

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ASX: MRC ASX: MRC

13 November 2023

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ENDS

Issued by Mineral Commodities Ltd ACN 008 478 653 www.mineralcommodities.com Authorised by the CEO and Company Secretary, Mineral Commodities Ltd

For further information, please contact:

INVESTORS & MEDIA Scott Lowe CEO T: +61 8 6373 8900 investor@mncom.com.au

CORPORATE Katherine Garvey Company Secretary T: +61 8 6373 8900 investor@mncom.com.au

About Mineral Commodities Ltd

Mineral Commodities Ltd is a global mining and development company with a primary focus on the production of high-grade Mineral Sands and Natural Flake Graphite from operations in South Africa and Norway.

The Company is a producer of zircon, rutile, garnet, magnetite, and ilmenite concentrates through its Tormin Mineral Sands Operation, located on the Western Cape of South Africa.

The Company also owns and operates the Skaland Graphite Operation in Norway, the world’s highest-grade operating flake graphite mine and is the only producer in Europe. The planned development of the Munglinup Graphite Project, located in Western Australia, builds on the Skaland acquisition and is a further step toward an integrated, downstream value-adding strategy which aims to capitalise on the fast-growing demand for sustainably manufactured lithium-ion batteries.

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ABN 39 008 478 653 info@mncom.com.au www.mncom.com.au

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