MOHO RESOURCES LIMITED — Capital/Financing Update 2023

Aug 21, 2023

Withdrawal of Entitlement Offer

Moho Resources Limited (ASX: MOH) (Moho or the Company) advises that, due to the current market conditions, the Board has resolved to withdraw the Entitlement Offer first announced on 25 May 2023 and the subject of a prospectus released on 9 June 2023 ( Prospectus ). The Company confirms that it will issue 30,957,775 Options (exercisable at $0.03 on or before 5:00pm (WST) on 1 August 2025) as approved by shareholders at the General Meeting on 21 July 2023. These Options will not be issued under the Prospectus or be quoted as previously intended, as the conditions for quotation prescribed by the ASX Listing Rules could not be satisfied at this time.

The Company is confident that it will be able to progress alternative funding arrangements to progress its Critical Minerals strategy across the Company’s strategic suit of projects.

The Board of Directors of Moho Resources Limited authorised this announcement to be given to ASX.

Ralph Winter

Managing Director Moho Resources Limited

22 August 2023