OMNIA METALS GROUP LTD — Capital/Financing Update 2025

Mar 20, 2025

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ASX RELEASE | AS AT 21 MARCH 2025

Consolidated Activities Report and Pre-Reinstatement Disclosure OMNIA METALS

ASX:OM1

OMNIAMETALS.COM.AU

ASX: OM1

Omnia Metals Group Ltd (“Omnia” or the “Company”) is pleased to provide this consolidated report for the activities of the Company since suspension, and future objectives of the Company as at the date of 21 March 2025.

SUSPENSION FROM ASX OFFICIAL LIST

Omnia announced on 30 October 2023 that it had been suspended from the official list of the Australian Securities Exchange (“ ASX ”) (“ Official List ”) pending the release of an announcement regarding the proposed acquisition of Dixie Gold Inc. (TSXV: DG) (“ Proposed Acquisition ”). Omnia later terminated the Proposed Acquisition, but the suspension of the Company’s securities remained.

The ASX provided the Company with a Letter of Conditions of Reinstatement on 12 June 2024 (“ Conditions of Reinstatement ”) and detailed the date by which OM1 must be reinstated to trading on the Official List to avoid being removed from the Official List pursuant to section 3.4 of Guidance Note 33 and Listing Rule 17.12, being Thursday, 30 October 2025 (“ Removal Deadline ”). Since receipt of the Conditions of Reinstatement, Omnia has been working towards the satisfaction of each condition and cooperating with the ASX.

The purpose of this announcement is to demonstrate the satisfaction of all the Conditions of Reinstatement, provide confirmations to the market as requested by the ASX, and detail the future plans of the Company.

OMNIA’S IPO PROJECTS

As part of the Omnia’s Initial Public Offering (“ IPO ”) and detailed in the Company’s Prospectus dated 22 January 2022 (ASX: OM1, 28 February 2022), the Company, either directly or through its wholly owned subsidiary, acquired 100% interests in the following Projects:

• ( Ord Basin Project ): A 1,305km[2] tenement package located 140km south of Kununurra, Western Australia, comprising one granted exploration licence E80/5353, and three exploration licence applications ELA80/5630, ELA9784 and ELA24079.

• ( Albany-Fraser Project ): A 223km[2] tenement package located 330km northeast of Kalgoorlie, Western Australia, comprising one granted exploration licence EL39/2238 and one exploration licence application ELA28/3149. The Company expects ELA28/3149 to be granted after its admission to the Official List.

(Together, “ IPO Projects ”).

OMNIA’s BUSINESS OBJECTIVES

Omnia is a mineral exploration company, with a current focus on exploring for copper, lithium, nickel, platinum group elements (“ PGE ”) and gold on the Projects. The Company plans to undertake systematic exploration activities on the Projects for, subject to exploration results, the discovery and delineation of an economic mineral resource.

The Company may also seek to generate, acquire or earn into new projects within the resources sector in the future which it considers have the potential to create value for Shareholders

OMNIA METALS GROUP LTD I ACN: 648 187 651

ASX:OM1 I OMNIAMETALS.COM.AU

ASX: OM1

EXPLORATION UPDATE ON IPO PROJECTS

Ord Basin Project – East Kimberley, Western Australia

Since Omnia’s listing on the ASX’s official list on 28 February 2022, Omnia has carried out systematic exploration at the Company’s wholly owned Ord Basin Project, which includes soil sampling, rock chip sampling and electromagnetic (“ EM ”) survey.

The Company’s maiden rock chip sampling program returned six results of elevated (>350ppm) copper values, with high grade results of 10.1% Cu & 29 g/t Ag (OMRK01), 10.3% Cu & 29 g/t Ag (OMRK02) and 9.9% Cu & 22 g/t Ag (OMRK03) (refer ASX: OM1, 30 March 2022).

Table 1: Caves Prospect rock chip results. Coordinates in GDA94 Zone 52

Sample ID	Easting	Northing	Ag	Co	Cu	Ni	Pb	Zn	Au
			(ppm)	(ppm)	(ppm)	(ppm)	(ppm)	(ppm)	(ppb)
OMRK001	526832	8062523	29	13.8	103400	8.6	104	28.8	4.1
OMRK002	526821	8062535	29	13.8	103400	8.6	104	28.8	4.1
OMRK003	526833	8062509	22	5.5	99050	3	67	2.7	4.1
OMRK004	526823	8062468	0.25	5.2	935.4	7.8	22.4	51.3	2.6
OMRK005	526892	8062418	0.53	3.2	537.4	4.1	81.9	89.4	8.2
OMRK006	526872	8062521	0.06	38	354.7	23.2	7.9	41.4	3.2
OMRK007	526968	8062143	0.13	2.6	47.4	4.1	31.2	26	2.3
OMRK008	526905	8062110	-0.01	5.4	35.8	6.2	13.7	28	2.7

Following on from the successful rock chip sampling program, the Company completed a 1,311-line km Falcon Plus aerial gravity survey over the Junction Prospect, which defined a structurally complex, “transfer-zone” geometry that is an ideal architecture for targeting mafic-ultramafic intrusion related mineral systems (ASX: OM1, 10 August 2022).

The airborne gravity survey was completed using the FalconPlus Airborne Gravity Gradiometer (“ AGG ”) survey system. High-resolution FalconPlus AGG gravity data was effective in mapping the subsurface architecture where regionally acquired magnetics and gravity datasets have been ineffective. The gravity survey consisted of 1,311-line kilometres, flown on 400m traverse spacing, along a 090˚-270˚ (E-W) traverse line direction. No detailed gravity data has historically been acquired over the Ord Basin Project and will be used to target follow-up electromagnetic surveys.

Omnia completed a 126-sample UltraFine+™ (“ UFF ”) soil geochemistry program highlighted the anomaly in the Northern Exploration Target, as well as a platinum, palladium, and nickel anomaly in the Southern Exploration Target (ASX: OM1, 11 December 2024) (Figure 1). The campaign involved collecting soil samples from 100m x 200m spaced grids at a depth of approximately 15cm and was designed as a first-pass screening to assess mineralisation potential.

At the Northern Exploration Target, results revealed peak gold values of up to 32.8ppb and copper values up to 1,200ppm.

OMNIA METALS GROUP LTD I ACN: 648 187 651

ASX:OM1 I OMNIAMETALS.COM.AU

ASX: OM1

At the Southern Exploration Target, results returned PGE values of up to 324ppb, 0.3g/t Au and peak nickel values of up to 1,800ppm.

The soil sampling campaign was conducted in close collaboration with representatives of the Purnululu people, who were on site to monitor progress by the Company (Figure 2).

The next stage of exploration involves a follow-up aerial VTEM survey. Based on these results, the Company will then complete geological mapping, follow-up geochemistry sampling and auger drilling during H1 2025, which the Company has received approval from the Purnululu Aboriginal Corporation to complete.

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Figure 1 – Location of the Ord Basin Project, highlighting the Northern and Southern Exploration Targets.

OMNIA METALS GROUP LTD I ACN: 648 187 651

ASX:OM1 I OMNIAMETALS.COM.AU

ASX: OM1

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Figure 2 – Purnululu monitors on-site assisting with soil sampling at the Ord Basin Project.

Salt Creek Project – Goldfields, Western Australia

Omnia identified gold and copper targets across its Salt Creek Project, north-east of Kalgoorlie, following geophysical survey acquisition and independent review of gravity and magnetics datasets (ASX: OM1, 26 July 2024). Southern Geoscience Consultants recently completed modelling and interpretation work on data from one of the Exploration Licences (E28/3149) (see Figure 3).

Omnia previously completed a 45-hole aircore (“ AC ”) drill program at the Salt Creek Project. This program is the first program of a ~9,000m aircore drilling program that is budgeted to be completed at the Project, with the remaining drilling to focus on tenement E28/3149. The composite assay results have been returned from the drilling completed on E39/2238. Anomalous gold, copper and nickel values were observed, however due to the extensive cover (up to 80m) the bottom-of-hole aircore results are considered preliminary in nature and further follow-up work is required (ASX: OM1, 25 July 2023).

The Company recently completed a Heritage Survey with the Upurli Upurli Native Title Group (“ UUNAC ”) during its Salt Creek Project, located in the Goldfields region of Western Australia (ASX: OM1, 25 February 2025). The Heritage Survey was performed to ensure there would be no impact on the traditional lands of the Upurli Upurli people by the approved Program of Work (“ PoW ”) to complete up to 5,000m of RC drilling. Last year, Omnia submitted a Heritage Impact Notice (“ HIN ”) that detailed the PoW to the UUNAC. Omnia received a response to the HIN that the Company has approval to complete drilling following completion of the Heritage Survey

The next stage of exploration involves 5,000m of RC drilling to target the high priority targets delineated from the previously completed geophysical survey. Subject to the availability of contractors, the Company anticipates it will be able to commence the RC drilling program in June and it will take approximately 5 weeks to complete. The Company expects to be able to release the assay results between 4-6 weeks following completion of the RC drilling.

OMNIA METALS GROUP LTD I ACN: 648 187 651

ASX:OM1 I OMNIAMETALS.COM.AU

ASX: OM1

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Au anomaly
Coinciden
t anomaly
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Cu halo
Coincident
anomaly
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Figure 3 : Historical auger assays showing gold and copper anomalies at E28/3149 in the Goldfields.

EXPLORATION UPDATE ON LAC DES MONTAGNES PROJECT – CANADA

The Company’s first phase of mapping and rock chip sampling was conducted in August and September 2023 where 1,113 rock chip samples and 90 soil samples were collected at numerous outcropping pegmatites of interest over the 540km[2] project area. This campaign included rock chip sampling, trial soil sampling and trial ground magnetics of high priority targets across the project (refer ASX release dated 5 September 2023), which covers more than 600km[2] of prospective ground in Quebec. Assay results for 1,178 rock chip samples taken during this exploration activity show fertile granite and pegmatite rock units with the potential to host lithium mineralisation (refer ASX release dated 25 July 2024). The Company identified multiple target areas with the Poste Albanel West area identified as the highest priority. Further work is required to determine the most prospective parts of the Lac des Montagnes greenstone belt and further sampling undercover is planned to further our understanding.

COMPLIANCE WITH LISTING RULE 12.1

Omnia confirms that it is in compliance with LR 12.1 through its ongoing exploration of its IPO Projects and planning for future exploration work. The Company announced the commencement of exploration in the form of a soil sampling program at the Ord Basin Project on 1 October 2024. Omnia announced the subsequent completion and results from the soil sampling program at the Ord Basin Project on 11 December 2024.

OMNIA METALS GROUP LTD I ACN: 648 187 651

ASX:OM1 I OMNIAMETALS.COM.AU

ASX: OM1

Concurrently, the Company planned and completed a Heritage Survey with the UUNAC at its Salt Creek Project, located in the Goldfields region of Western Australia (ASX: OM1, 25 February 2025). The Heritage Survey was performed to ensure there would be no impact on the traditional lands of the Upurli Upurli people by the approved PoW to complete up to 5,000m of RC drilling to targeting the high priority targets delineated from the previously completed geophysical survey.

CAPITAL RAISING

The Company has completed a capital raising of $1,500,000 (before costs) via the placement of 150,000,000 fully paid ordinary shares (“ Shares ”) at an issue price of $0.01 per Share (“ Placement ”). Each Share has a free attaching option on a 1-for-1 basis which is exercisable at $0.025 per option on or before 21 March 2028 (“ Options

The Company received shareholder approval to issue 150,000,000 Shares and 150,000,000 Options (together, “ Securities ”) detailed in the Notice of General Meeting dated 25 November 2024 (“ NoM ”) and passed by shareholders at the General Meeting held on 24 December 2024.

COMPLIANCE WITH LISTING RULE 12.2

Omnia confirms that it is in compliance with LR 12.2 and has demonstrated this through provision of a reviewed pro-forma statement of financial position (“ Pro-Forma ”) (Annexure A). The Pro-Forma, in conjunction with the use of funds statement, demonstrates that the Company will be funded for a minimum of 12 months. Omnia confirms this.

PRE-REINSTATEMENT DISCLOSURE

The Company provides the following additional information for release to the market in accordance with the Conditions of Reinstatement:

(a) Top 20 Holders

Refer to announcement released to ASX on 21 March 2025 titled “Top 20 Holders and Distribution Schedule”.

(b) Distribution Schedule

Refer to announcement released to ASX on 21 March 2025 titled “Top 20 Holders and Distribution Schedule”.

OMNIA METALS GROUP LTD I ACN: 648 187 651

ASX:OM1 I OMNIAMETALS.COM.AU

ASX: OM1

(c) Capital Structure

Following completion of the Capital Raising and at the date of reinstatement, the capital structure of the Company will be as follows:

Security	Number
Shares	217,091,703
Unlisted Options1	155,00,000
Performance Rights2	2,250,000

Notes:

1. 5,000,000 unlisted options exercisable at $0.25 on or before 28 February 2027 and 150,000,000 unlisted options exercisable at $0.025 on or before 21 March 2028.

2. Performance rights converting subject to satisfaction of various VWAP milestones.

(d) Use Of Funds Statement

The Company intends to apply the funds raised from the Capital Raising together with existing cash reserves over the next 12 months as follows:

Item	Amount ($A)
Exploration at the Ord Basin Project1	$700,000
Exploration on the Albany Fraser Range2	$250,000
Expenses of the Capital Raising3	$90,000
Working Capital4	$460,000
Total	$1,500,000

Notes:

1. Comprising approximately of $200,000 towards VTEM Survey, $125,000 towards Sampling Program, $250,000 Auger Drilling Program, $30,000 towards assays of Sampling Program and $95,000 to Native Title.

2. Comprising of approximately $50,000 towards Heritage and Native Title Engagement during drilling process, $150,000 towards RC Drilling Program and $50,000 toward assays of RC Drilling Program.

3. GTT Ventures Pty Ltd will be engaged to act as lead manager to the Capital Raising and will receive a fee equal to 6% of the amount raised under the Capital Raising, comprising $90,000.

4. Working capital will be applied towards, but not limited to, accounting and audit fees, ASIC fees, ASX listing fees and CHESS fees, insurances, director fees, company secretary fees, rent and other administration fees. Any exploration work that is carried out at Lac Des Montagnes will be funded out of Working Capital.

This is a statement of current intentions as at the date of this announcement. As with any budget, intervening events and new circumstances have the potential to affect the manner in which the funds are ultimately applied. The Board reserves the right to alter the way the funds are applied on this basis.

OMNIA METALS GROUP LTD I ACN: 648 187 651

ASX:OM1 I OMNIAMETALS.COM.AU

ASX: OM1

(e) No Impediments

OM1 confirms that there are no legal, regulatory, statutory or contractual impediments to OM1 undertaking the activities the subject of its proposed use of funds.

(f)

Consolidated Activities Report

Details of the proposed business strategy and objectives of Omnia, including an update on the status of the IPO Projects and current activities, is set out in this announcement.

(g) Compliance with Listing Rule 3.1

Omnia confirms that it is in compliance with the Listing Rules, and in particular, Listing Rule 3.1.

(h) Exploration Results – Salt Creek Project

The Company announced the results of geophysical survey conducted over the Salt Creek Project on 26 July 2024 via the announcement titled “Exploration Update across Multi-Commodity Portfolio”.

Following completion of the geophysical survey, the contractor required ~2 weeks to complete the data processing and apply corrections to the data to account for the variations in terrain and flight conditions. Following initial data processing by the contractor, the Company provided the finalised data to consultant geophysicists, Southern Geoscience Consultants ( SGC ). SGC then completed further data processing and filtering to produce an array of images, SGC also completed forward modelling, 3D modelling and interpretation of results. The SGC process was completed in ~4weeks. Upon receipt of the final modelling products from SGC, Company geologists then reviewed and interpreted the data to establish the links between the geophysical responses and geological observations. The Company then drafted and finalised the ASX release with the Company taking ~2 weeks to complete these steps.

(i) Exploration Results – Lac Des Montagnes Project

The Company announced the results of geophysical survey conducted over the Lac des Montagnes Project on 26 July 2024 via the announcement titled “Exploration Update across Multi-Commodity Portfolio”.

Field work was based out of Nemaska in the James Bay region of Quebec which is a remote First Nations community serviced by unsealed roads. There was significant delay in sending samples from site to ALS Laboratories in Sudbury, Ontario due to the complex logistical requirements and travel distances. Once the samples were received at the laboratory, the large influx of samples being sent to the lab after a major bushfire event in the region meant the lab was congested with samples and sample processing time exceeded ~3 months. The initial results failed certain QAQC protocols and re-assay of numerous samples was required using a different assay methodology. Additionally, the Company participated in a CSIRO project which trialled a new assay technique and samples were required to be sent from Ontario to Perth, Western Australia. The CSIRO project took approx. 2 months to complete with the results indicating the assay methodology being superior to standard techniques in certain environments. Due to the reasons outlined, there was an extended period before final results were received for the sampling programs.

OMNIA METALS GROUP LTD I ACN: 648 187 651

ASX:OM1 I OMNIAMETALS.COM.AU

ASX: OM1

The Company made the decision to wait for all results to be returned so interpretation could be completed with a full dataset and geologists could collate all available information prior to release.

(j) Pro-Forma

The Pro-Forma based on the amount raised under the Capital Raising is included at Annexure A of this announcement

-Ends-

This announcement is approved for release by the Board of Omnia Metals Group.

For further information please contact:

INVESTORS

James Warren

MANAGING DIRECTOR

E. james@omniametals.com.au

ABOUT OMNIA METALS GROUP

Omnia Metals Group Ltd (ASX:OM1) goal is to become a leader in the exploration, and development, of future facing commodities used in advanced technologies and essential to the global energy transition.

FORWARD LOOKING STATEMENTS

Statements contained in this release, particularly those regarding possible or assumed future performance, costs, dividends, production levels or rates, prices, resources, reserves or potential growth of Omnia Metals Group Limited, are, or may be, forward looking statements. Such statements relate to future events and expectations and, as such, involve known and unknown risks and uncertainties. Actual results and developments may differ materially from those expressed or implied by these forwardlooking statements depending on a variety of factors.

COMPETENT PERSONS STATEMENT

The information in this report which relates to Exploration Results is based on information compiled by Dr. James Warren, a Competent Person who is a member of the Australian Institute of Geoscientists. Dr. Warren is the Executive Director of Omnia Metals Group Ltd. Dr. Warren has sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the activity he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the “Australian Code of Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Dr. Warren consents to the inclusion in this report of the matters based on the information in the form and context in which it appears.

OMNIA METALS GROUP LTD I ACN: 648 187 651

ASX:OM1 I OMNIAMETALS.COM.AU

ASX: OM1

Annexure A – Pro Forma Statement of Financial Position

	Omnia (Reviewed)	Adjustments	Pro-forma Adjustments	Pro-forma after Issue
	31-Dec-24	(a)	(b)
	$	$	$	$
CURRENT ASSETS
Cash and cash equivalents	19,469	53,161	1,410,000	1,482,630
Other receivables	108,353	(41,993)	-	66,360
Prepayments	-	-	-	-
TOTAL CURRENT ASSETS	127,822	11,168	1,410,000	1,548,990
NON-CURRENT ASSETS
Property, plant and equipment	46,221	-	-	46,221
Right of use assets	9,503	-	-	9,503
Deferred exploration and evaluation expenditure	7,755,835	(32,964)	-	7,722,871
TOTAL NON-CURRENT ASSETS	7,811,559	(32,964)	-	7,778,595
TOTAL ASSETS	7,939,381	(21,797)	1,410,000	9,327,584
CURRENT LIABILITIES
Trade and other payables	502,229	(100,784)	(241,395)	160,050
Lease Liability	10,673	-	-	10,673
Accruals	-	(37,300)		(37,300)
TOTAL CURRENT LIABILITIES	512,902	(138,084)	(241,395)	133,423
Non-current Liabilities
Non-current lease liability	-	-	-	-
Total non-current liabilities	-	-	-	-
TOTAL LIABILITIES	512,902	(138,084)	(241,395)	133,423
NET ASSETS	7,426,479	116,288	1,651,395	9,194,162
EQUITY
Issued capital	10,275,517	87,511	1,410,000	11,773,028
Reserves	1,296,713	-	-	1,296,713
Accumulated losses	(4,145,751)	28,777	241,395	(3,875,579)
TOTAL EQUITY	7,426,479	116,288	1,651,395	9,194,162

The reviewed balance sheet as at 31 December 2024 is adjusted for the following:

i) The transactions from 1 January 2025 to 28 February 2025 (refer to column “Adjustments (a)” above);

ii) A capital raising of $87,511 on 25 February 2025 (refer to column “Adjustments (a)” above);

iii) The capital raising of $1,500,000 less the capital raising costs of 6% ($90,000) (refer to column “Pro-forma Adjustments (b)” above); and

iv) Forgiveness of liabilities by directors and director-related entities totalling $241,395 (refer to column “Pro-forma Adjustments (b)” above).

OMNIA METALS GROUP LTD I ACN: 648 187 651

ASX:OM1 I OMNIAMETALS.COM.AU