ORBMINCO LIMITED — Capital/Financing Update 2024

Jul 28, 2024

29 July 2024

ASX ANNOUNCEMENT

Successful JMEI Application

Woomera Mining Limited (ASX: WML) is pleased to announce that it has been successful in its application for a tax incentive under the Federal Government’s Junior Mineral Exploration (JMEI) Scheme.

The Company confirms that it will receive an allocation of $300,000 in JMEI tax credits under the Australian Taxation Office’s (ATO) list of JMEI participants in respect of the year ending 30 June 2025.

The JMEI scheme encourages investment in junior exploration companies that conduct Greenfields mineral exploration in Australia, by allowing these companies to give up a portion of their tax losses for potential distribution to eligible investors.

For further information about the JMEI please refer to the ATO website at

https://www.ato.gov.au/businesses-and-organisations/income-deductions-andconcessions/incentives-and-concessions/junior-minerals-exploration-incentive

Woomera acknowledges the support of the Federal Government in again making the JMEI credits available to the Company.

This ASX announcement has been approved by the Board of Directors of Woomera.

For further information please contact:

Ian Gordon Ralf Kriege Chairman CEO Woomera Mining Limited Woomera Mining Limited + 61 477 306 669 + 61 458 022 509

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