MOHO RESOURCES LIMITED — Capital/Financing Update 2025

Apr 29, 2025

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30 April 2025

Sale of Empress Springs

Variation to Sale and Purchase Agreement

Moho Resources Limited (ASX: MOH) (“Moho” or “the Company”) wishes to advise that it has entered into a Side Letter Deed of Variation (“ Side Letter Deed ”) with Qld Aus Graphite Pty Ltd (“ QAG ”) to amend the terms of the sale of the Empress Springs Project, as previously announced on 10 February 2025.

The material amendments are as follows:

1. Consideration:

   • a. a cash payment of $408,500 (excluding GST) payable by QAG to Moho on the date of completion; and

   • b. a cash payment of $300,000 (excluding GST) payable by QAG to Moho on the date that is 12 months after the date of completion,

with completion of the sale expected to occur 10 days after the satisfaction or waiver of the remaining conditions precedent outlined in Appendix A.

1. The Royalty Deed previously agreed between Moho and QAG has been cancelled. As a result, neither Moho nor QAG will have any further rights or obligations under the Royalty Deed, and both parties have agreed to release each other from all actions, claims, demands and proceedings connected to it.

The Company remains committed to completing the transaction, which is expected to occur imminently, and which is aligned with the Company’s strategy to realise value from non-core assets while seeking new project opportunities that will benefit the shareholders.

For further information, please contact:

Peter Christie Chairman

• T: (08) 6165 8858

• E: admin@mohoresources.com.au

ABN 81 156 217 971 168 STIRLING HIGHWAY, NEDLANDS WA 6009 +61 (8) 6165 8858 ASX: MOH admin@mohoresources.com.au www.mohoresources.com.au

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Appendix A

Conditions

The remaining Conditions and the party who is entitled to the benefit of the Condition are set out in the following table:

	Condition Precedent	Party entitled to beneft	Party entitled to beneft
	Moho obtaining all consents, waivers andapprovals necessary under the JV Agreement toenable it to sell its interests in the JV Permits toQAG.	Moho and QAG
	Moho irrevocably releasing its caveat overEPM25208, EPM25209 and EPM25210	QAG
	Indicative Approval for the transfer of the	QAG
	Permits to QAG being granted on termsacceptable to QAG

ABN 81 156 217 971 168 STIRLING HIGHWAY, NEDLANDS WA 6009 +61 (8) 6165 8858 ASX: MOH admin@mohoresources.com.au www.mohoresources.com.au