MT MALCOLM MINES NL — Capital/Financing Update 2023

Sep 14, 2023

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ASX Announcement 15 September 2023

Closure of Entitlement Shortfall Offer

Mt Malcolm Mines NL (ASX: M2M or “the Company ”) hereby advises that the Shortfall Offer on the terms of the Non-Renounceable Entitlement Offer Document released on 15 May 2023 for the Company’s pro rata Non-Renounceable Rights Issue (Entitlement Offer) has now closed.

The Company confirms that 17,491,503 fully paid ordinary shares were issued to shareholders who participated in the Entitlement Offer, as previously announced.

The Board of Mt Malcolm Mines NL would like to thank shareholders for the uptake of their entitlements under the Entitlement Offer and for their continued support.

Yours sincerely

Henko Vos Company Secretary

mtmalcolm.com.au info@mtmalcolm.com.au Phone: (08) 6244 6617

This announcement is approved and authorised for market release by Trevor Dixon.

For further information please contact: Trevor Dixon Managing Director trevor@mtmalcolm.com.au