ORBMINCO LIMITED — Capital/Financing Update 2022

Jan 24, 2022

25 January 2022

ASX ANNOUNCEMENT

PLACEMENT OF SHORTFALL SHARES

Woomera Mining Limited (ASX: WML) ( Woomera or the Company ) wishes to advise that it has reached agreement to allot the placement of 62,965,903 shortfall shares ( Shortfall Shares ) following the 1 for 5 prorata, non-renounceable rights offer to Eligible Shareholders ( Rights Issue ) detailed in the Company’s Rights Offer Document dated 13 October 2021.

The Shortfall Shares will be issued at an issue price of $0.019 to raise a further $1,196,352 (before costs), bringing the total capital raised from the Rights Issue to approximately $2,159,033 and the Company expects settlement of the Shortfall Shares to occur on or about 28 January 2022.

The Directors would like to thank existing shareholders for their ongoing support and welcomes the new shareholders to the register.

This ASX announcement has been approved by the Board of Woomera Mining Ltd and authorised for release by:

Jonathan W. Lindh Company Secretary Woomera Mining Limited +61 8 8232 6201

About Woomera Mining Limited

Woomera Mining Limited is a focussed precious metal and base metal explorer. The Company is exploring for precious metals and massive nickel-copper sulphides in Western Australia (Mt Venn JV Project) and nickelcopper sulphides (Musgrave Project) along with copper-gold mineralisation (Labyrinth Project - Gawler Craton) in South Australia.

Woomera’s portfolio also includes lithium exploration tenements in Western Australia, which the Company is seeking to divest.

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