OMNIA METALS GROUP LTD — Capital/Financing Update 2025

Feb 24, 2025

ASX: OM1

COMPANY UPDATE

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Omnia Metals Group Ltd (“ Omnia ” or the “ Company ”) (ASX: OM1) is pleased to provide an update on key exploration activities across its multi-commodity portfolio and the corporate affairs of the Company. The Company has successfully completed several critical surveys and assessments, advancing its exploration strategy.

Salt Creek Project

Omnia completed a Heritage Survey at the Salt Creek Project (“ Salt Creek ”) with the Upurli Upurli Native Title Group (“ UUNAC ”). 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.

Omnia previously completed a geophysical survey at Salt Creek, following the lodgement of a HIN with UUNAC, including an independent review of gravity and magnetics datasets (refer ASX announcement: 26 July 2024).

Ord Basin Project

The Company previously completed an UltraFine+™ (“ UFF ”) soil geochemistry program at the Ord Basin Project (“ Ord Basin ”). The results from the 126-sample UFF program highlighted a copper-gold in-soil anomaly in the Northern Exploration Target, and a coincident platinum, palladium, and nickel in-soil anomaly in the Southern Exploration Target (refer ASX announcement: 11 December 2024).

The sampling process was closely monitored by representatives of the Purnululu people, marking a significant milestone as the Company strengthens its relationship with the Traditional Owners of the land on which the Ord Basin Project is located. The Company has previously submitted a HIN to complete a PoW for a sampling program and VTEM survey to the Purnululu people. Following the review of the HIN, the Purnululu people determined a Heritage Survey was not required and confirmed there were no significant impediment to Omnia undertaking the planned work.

ASX: OM1

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Figure 1 – Purnululu monitors on-site assisting with soil sampling at the Ord Basin Project.

Capital Raising

The Company has successfully completed a capital raising of $87,511 via the placement of 8,751,092 fully paid ordinary shares (“ Shares ”) at an issue price of $0.01 per Share (“ Placement ”). Each Share had a free attaching option on a 1-for-1 basis which are exercisable at $0.025 per option on or before the date that is three years from the date of issue (“ Options ”). The Shares were issued under the Company’s 7.1 capacity. The Placement was managed by the Company.

Due to the length of time OM1’s securities have been in suspension, the Company is unable to cleanse the Shares under section 708A(5) of the Corporations Act 2001 (Cth). As a result, the 8,751,092 Shares issued under the Placement will be subject to a trading lock until a cleansing prospectus is issued, or until the restrictions lapse in accordance with the applicable regulatory requirements.

The Company has 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. The Company intends to complete a capital raising via the issue of the Securities prior to being reinstated to the ASX’s official list. The Company will issue the Options on the same date the 150,000,000 Options to ensure the Options form a single class of securities.

ASX: OM1

Expiry of Options

As announced on the 30 January 2025, the listed class of options exercisable at $0.25 on or before 28 February 2025 (“ OM1O ”), will expire this Friday being the 28[th] of February 2025 (“ Expiry Date ”). As a way to reward the holders of the OM1O, the Company intends to complete a private placement of Options to the option-holders who hold OM1O on the expiry date (“ Option Placement ”). The indicative terms of the Options that would be made available under the Option Placement are the same as the free attaching Options of the Placement.

The Company will prepare and lodge the appropriate documentation for the Option Placement following reinstatement of Omnia to the ASX official list.

- ENDS -

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

For further information please contact:

INVESTORS MEDIA James Warren Josh Nyman EXECUTIVE DIRECTOR GENERAL MANAGER - SPOKE E. james@omniametals.com.au E. josh@hellospoke.com.au M. +61 413 243 440

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.