MOHO RESOURCES LIMITED — Capital/Financing Update 2023

May 30, 2023

NOTICE UNDER SECTION 708A

Moho Resources Limited (“the Company”) advises that it has issued by way of placement of 51,915,549 fully paid ordinary shares (ASX: MOH) to sophisticated and professional investors at a price of $0.015 per fully paid ordinary share. Subject to receiving shareholder approval, participants of the placement will also receive one free attaching option (exercisable at $0.03 on or before 1 August 2025) for every two fully paid ordinary shares subscribed for and issued. The Company will apply to have the options quoted and tradeable on the ASX. The placement was previously announced on 25 May 2023.

The fully paid ordinary shares issued today are part of a class of securities quoted on the Australian Securities Exchange Limited (ASX).

The Company gives this notice pursuant to Section 708A(5)(e) of the Corporations Act 2001 (Cth) ( Corporations Act ) that:

• a) the fully paid ordinary shares were issued without disclosure under Part 6D.2 of the Corporations Act.

• b) the Company, as at the date of this notice, has complied with:

• i. the provisions of Chapter 2M of the Corporations Act, as they apply to the Company; and

• ii. Section 674 and section 674A of the Corporations Act.

As announced on 21 March 2023, the Department of Mines, Industry Regulation and Safety (DMIRS) approved an initial RC drill program completed Q4 2022 ( Dukes Drilling Program ). The Company has begun to receive some of the assay results for the Dukes Drilling Program. The results will be released to the ASX once all have been received, quality checked and modelled.

Other than as noted above, there is no information to be disclosed which is excluded information (as defined in section 708A(7) of the Corporations Act) that is reasonable for investors and their professional advisers to expect to find in a disclosure document as at the date of this notice.

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

Ralph Winter Managing Director Moho Resources Limited

31 May 2023