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ORE RESOURCES LIMITED Capital/Financing Update 2021

Nov 30, 2021

65504_rns_2021-11-30_6dcc9174-4f68-4e8a-bff3-0e39f662ab17.pdf

Capital/Financing Update

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ASX ANNOUNCEMENT

1[st] December 2021

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Expiry of Unlisted Options

Auroch Minerals Limited (the Company ) (ASX: AOU) hereby advises that 7,271,922 unlisted options exerciseable at $0.10 that were not exercised expired on 30 November 2021 ( Options ). Further to the Company's announcement on 19 August 2021, the Company will issue to Rainmaker Holdings (WA) Pty Ltd and 6466 Investments Pty Ltd (the Underwriters ) 7,271,922 fully paid ordinary shares in the Company ( Shares ) pursuant to an underwriting agreement in respect to the Options.[1] The Company expects to issue the Shares to the Underwriters on or around 10 December 2021.

This announcement has been authorised by the Board of Directors of the Company.

-END-

For further information visit www.aurochminerals.com or contact:

Aidan Platel Managing Director

E: [email protected]

1 Refer to Asx Announcement – OPTIONS UNDERWRITING TO FUND EXPANDED NEPEAN DEEPS DRILLING https://www.investi.com.au/api/announcements/aou/44c07fa4-7aa.pdf

Auroch Minerals Ltd ABN 91 148 966 545 FOLLOW US Suite 10, 38 Colin St, West Perth WA 6005 Phone: +61 8 6383 7817 Fax: +61 8 6245 9853 Email: [email protected] www.aurochminerals.com

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