MIRAMAR RESOURCES LIMITED — Capital/Financing Update 2022

Jun 9, 2022

ASX: M2R | 10 June 2022

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UPDATED CAPITAL STRUCTURE

Miramar Resources Limited (ASX:M2R , “Miramar” or “the Company”) is pleased to advise that following the issue of shares approved by Shareholders at the General Meeting, the Company’s updated capital structure is as follows:

Description	No of securities
Ordinaryfully paid shares	70,681,743
Unlisted Options exercisable at$0.20 on or before 22 October 2022	8,210,000
Unlisted Options exercisable at$0.48 on or before 6 January2023	50,000
Unlisted Options exercisable at$0.25 on or before 9 October 2023	6,000,000
Unlisted Options exercisable at$0.25 on or before 6 March 2024	450,000
Unlisted Options exercisable at$0.20 on or before 26 June 2025	3,000,000
Unlisted Options exercisable at$0.27 on or before 3 November 2025	1,500,000

An Appendix 2A was lodged with ASX in relation to the issue of shares.

Cleansing Notice

under Section 708A(5) of the Corporations Act 2001 (Cth)

This notice is given by Miramar Resources Limited (ASX: M2R) as required under section 708(5)(e) of the Corporations Act 2001 (Cth) ( Corporations Act ).

The Company advises that it issued 294,118 fully paid ordinary shares ( New Shares ) at an issue price of $0.17 per New Share to Mr Allan Kelly’s nominee in relation to the placement announced on 29 April 2022 ( Placement ) and approved by shareholders on 10 June 2022. The issue of shares is detailed in the Appendix 2A lodged with ASX on 10 June 2022.

The Corporations Act restricts the on-sale of securities issued without disclosure unless the sale is exempt under section 708 and 708A of the Corporations Act. By the Company giving this notice, the shares issued pursuant to the participation in the Placement will fall within the exemption in section 708A(5) of the Corporations Act. As such, the Company confirms that the Placement was made without a disclosure document.

In accordance with section 708A(5)(e) of the Corporations Act, the Company confirms that as at the date of this notice:

• (1) the New Shares were issued without disclosure to investors under Part 6D.2 of the Corporations Act;

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

• (3) the Company has complied with the provision of Chapter 2M of the Corporations Act as they apply to the Company and section 674 of the Corporations Act; and

• (4) there is no information that is ‘excluded information’ (within the meaning of sections 708A(7) and 708A(8) of the Corporations Act) to be disclosed under section 708A(6)(e) of the Corporations Act.

For more information on Miramar Resources Limited, please visit the company’s website at www.miramarresources.com.au, follow the company on social media on social media (Twitter @MiramarRes and LinkedIn @Miramar Resources Ltd) or contact:

Allan Kelly Executive Chairman

Mindy Ku Company Secretary

This announcement has been authorised for release by Mr Allan Kelly, Executive Chairman, on behalf of the Board of Miramar Resources Limited.

ASX: M2R | ABN 34 635 359 965 | Unit 1, 22 Hardy Street, South Perth, Western Australia 6151 PO Box 810, South Perth WA 6951 | miramarresources.com.au | info@miramarresources.com.au | +61 (8) 6166 6302