MIRAMAR RESOURCES LIMITED — Capital/Financing Update 2023

Jul 5, 2023

ASX: M2R | 6 July 2023

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RIGHTS ISSUE OPEN

• Fully underwritten non-renounceable rights issue (Rights Issue) to raise $544,634 is now open

• Issue price of $0.03 per Share

• Rights issue will close at 5pm (AWST) on Monday, 17 July 2023

Miramar Resources Limited (ASX:M2R, “ Miramar ” or “the Company ”) is pleased to advise that the Rights Issue is now open. The Offer Document and the Entitlement and Acceptance Form were sent to Eligible Shareholders today.

Westar Capital Pty Ltd ( Westar ) has been engaged to act as lead manager and underwriter to the Rights Issue.

Funds raised from the Rights Issue will primarily be used for upcoming exploration programmes at the Company’s 100%owned Whaleshark and Bangemall projects in the Ashburton and Gascoyne regions of WA, and to fund the Company’s working capital.

The following table sets out the key indicative dates for the Rights Issue:

Event	Date*
Rights Issue opening date, Offer Document sent to Shareholders	Thu, 6 July 2023
and Company announces this has been completed
Last day to extend the Closing Date for the Rights Issue	Wed, 12 July 2023
Closing Date of Offers as at 5:00pm******	Mon, 17 July 2023
Shares quoted on a deferred settlement basis	Tue, 18 July 2023
ASX notified of under subscriptions	Mon, 24 July 2023
Issue date and lodgement of Appendix 2A with ASX	Mon, 24 July 2023
applying for quotation of the Shares

Note:

***** These dates are indicative only and are subject to change.

****** The Directors may extend the Closing Date for the Rights Issue by giving at least 3 Business Days’ notice to ASX prior to the Closing Date. Accordingly, the date the New Shares are expected to commence trading on ASX may vary.

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 Mindy Ku Executive Chairman 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