PEAKO LIMITED — Capital/Financing Update 2021

Jun 20, 2021

==> picture [596 x 64] intentionally omitted <==

21 June 2021

CLEANSING NOTICE

Notice under section 708A(5)(e) of the Corporations Act 2001 (Cth)

Peako Limited (“Peako”) (ASX Code PKO) has today issued 42,857,142 fully paid ordinary shares at an issue price of A$0.035 (3.5 cents) each under the Placement (Placement Shares Tranche 1), raising $1,500,000 to advance exploration activities at the Company’s East Kimberley project.

Peako gives notice under section 708A(5)(e) of the Corporations Act 2001 (Cth) (Corporations Act) that:

1. Peako issued the Placement Shares without disclosure to investors under Part 6D.2 of the Act.

2. As at the date of this notice:

   • A. Peako has complied with the provisions of Chapter 2M of the Corporations Act as they apply to Peako;

   • B. Peako has complied with section 674 of the Corporations Act; and

   • C. there is no "excluded information" within the meaning of sections 708A(7) and 708A(8) of the Corporations Act which is required to be disclosed by Peako under section 708A(6)(e) of the Corporations Act.

Authorised for release to ASX by Rob Wright Company Secretary.

1