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Prairie Mining Ltd. Capital/Financing Update 2021

Nov 2, 2021

10239_rns_2021-11-02_75d86a03-4ee3-4f94-a2e1-8607e5fb8fde.html

Capital/Financing Update

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As previouslyannounced, Prairie Mining Limited will undertake a one (1) for ten (10)pro rata non-renounceable entitlement offer.TheOffer Document together with an Entitlement and Acceptance Form areexpected to be sent to eligible shareholders on 10 November 2021, but isavailable now atwww.pdz.com.auorhttps://www2.asx.com.au/markets/company/pdz.TheEntitlement Offer is non-renounceable meaning eligible shareholders willnot be able to buy and sell their entitlements on market.Forenquiries, please contact the Company on +61 8 9322 6322,[email protected] on the details below:PrairieMining LimitedTel: +44 207 478 3900BenStoikovich, Chief Executive Officer Sapan Ghai, Head of CorporateDevelopmentKazimierzChojna, Commercial Officer

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Prairie Mining Ltd. — Capital/Financing Update 2021

10239_rns_2021-11-02_75d86a03-4ee3-4f94-a2e1-8607e5fb8fde.html

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Prairie Mining Ltd. Capital/Financing Update 2021