PANTERA MINERALS LIMITED — Capital/Financing Update 2021

Dec 30, 2021

Level 1 10 Outram Street West Perth WA 6005

31 December 2021

Notice Under Section 708A of the Corporations Act 2001 Cth

Pantera Minerals Limited (‘ the Company’ or ‘ Pantera ’) gives notice under section 708A(5)(e) of the Corporations Act 2001 Cth (‘the Act’) that is has today issued 4,350,000 fully paid ordinary shares under a private placement to sophisticated and professional investors at an issue price of 20 cents per share, refer to 23 December 2021 announcement for further detail.

In accordance with section 708A(5)(e) of the Act, the Company gives notice that:

1. The shares were issued without disclosure to investors under Part 6D.2 of the Act;

2. As at the date of this notice, the Company has complied with the provisions of Chapter 2M of the Act, as they apply to the Company and section 674 of the Act; and

3. As at the date of this notice, there is no information that is ‘excluded’ information within the meanings of section 708A(7) and 708A(8) of the Act, being information:

4. a). that has been excluded from a continuous disclosure notice in accordance with the ASX Listing Rules;

5. b). that investors and their professional advisers would reasonably require for the purposes of making an informed assessment of:

   • i. the assets and liabilities, financial position and performance, profits and losses and prospects of the Company; or

   • ii. the rights and liabilities attaching to the shares.

This announcement has been authorised and approved for release by the Board.

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For further information contact: Matthew Hansen Chief Executive Officer E: info@panteraminerals.com | P: +61 8 9467 2604

info@panteraminerals.com | panteraminerals.com