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POLYMETALS RESOURCES LTD Regulatory Filings 2021

Nov 11, 2021

65598_rns_2021-11-11_5c7d78fa-a762-43fa-8d43-cb1c02fb2dc0.pdf

Regulatory Filings

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ASX Announcement

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12 November 2021

Release of shares from escrow

Polymetals Resources Ltd (ASX: POL ) (“Polymetals”, or “the Company”) attaches an Appendix 2A pursuant to the release of 58,333 fully paid ordinary shares classified by the ASX as restricted securities, as announced on 25 October 2021.

Appendix 1 sets out the remaining Shares which are subject to escrow in the Company. There will be no change to the issued capital of the Company as a result of the above.

Authorised for Release

This ASX annoucement was authorised for release by Vince Fayad, Company Secretary.

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For more information:

Alex Hanly Victoria Humphries Chief Executive Officer Media & Investor Relations [email protected] [email protected] +61 (0) 448 418 725 +61 (0) 431 151 676

For more information, visit www.polymetals.com.

ASX: POL

Page 1 of 2 | ACN 644 736 247 Suite 6, Level 5, 189 Kent Street, Sydney NSW 2000 www.polymetals.com

ASX Announcement

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Appendix 1

Remaining Shares subject to Escrow

Class Number (Units) Restriction Period
Fully paid ordinary shares 39,383,434 24 months from date of quotation
Fully paid ordinary shares 7,500,000 12 months from date of quotation1
Fully paid ordinary shares 333,333 Date of quotation to 9 January 2022
Fully paid ordinary shares 91,667 Date of quotation to 11 January 2022
Fully paid ordinary shares 41,667 Date of quotation to 12 January 2022
Fully paid ordinary shares 16,667 Date of quotation to 15 January 2022
Fully paid ordinary shares 16,667 Date of quotation to 17 January 2022
Fully paid ordinary shares 50,000 Date of quotation to 19 January 2022
Fully paid ordinary shares 66,667 Date of quotation to 20 January 2022
Fully paid ordinary shares 30,530 Date of quotation to 31 January 2022
Total shares subject to escrow
47,530,632
Notes to the above

1 Voluntary escrow pursuant to a voluntary escrow deed entered into between the Company and Deering Nominees Pty Ltd ATF the Deering Family Trust.

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Page 2 of 2 | ACN 644 736 247| ASX: POL Suite 6, Level 5, 189 Kent Street, Sydney NSW 2000 www.polymetals.com