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POLYMETALS RESOURCES LTD Capital/Financing Update 2023

Dec 13, 2023

65598_rns_2023-12-13_c795a8f6-e7c0-4240-b643-0c6237eee200.pdf

Capital/Financing Update

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14 December 2023

Market Announcements Platform ASX Limited Exchange Centre 20 Bridge Street Sydney NSW 2000

Polymetals Resources Limited (ASX-POL, the Company) advises that the closing date of the Company’s Rights Issue has been amended to 22 December 2023 (from 19 December 2023). This is to allow additional time for overseas investors to participate in the issue. An amended timetable is set out below.

Further information in relation to the Rights Issue is included in the Offer Booklet for the Rights Issue which was lodged with ASX on 30 November 2023 (and sent to shareholders, earlier today), and which is available on the Company’s website www.polymetals.com and at https://events.miraqle.com/pol-offer/

POL Rights Issue | Indicative Timetable (Amended)

# Step / Action Date BD
1. Rights issue closes 5pm on 22 December 2023 Day 13
2. Deferred settlement trading 27 December 2023 Day 14
3. Announce results of rights issue 29 December 2023 Day 16
4. Release Appendix 2A (Before noon) on 3 January 2024 Day 18
5. Issue date 3 January 2024 Day 18
6. Normal settlement trading 4 January 2024 Day 19

The release of this notice has been authorised by the Company’s Board of Directors.

Yours faithfully,

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John Haley Chief Financial Officer & Company Secretary