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QUANTUM GRAPHITE LIMITED Capital/Financing Update 2021

Dec 6, 2021

65646_rns_2021-12-06_e8dcb774-b9ec-4819-88a4-028554a8d6d6.pdf

Capital/Financing Update

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MARKET RELEASE For Immediate Release 7 December 2021

OFFER FULLY SUBSCRIBED

The Company is pleased to announce that it has received the full subscription proceeds under the offer made in the Prospectus dated 30 November 2021 and the offer has closed fully subscribed.

The Company has raised $858,539.98 and will allot the full 7,465,565 shares under the Prospectus.

Authorised by the Board of the Company.

FOR FURTHER INFORMATION CONTACT: Company Secretary Quantum Graphite Limited T: +61 3 8614 8414 E: [email protected]

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QUANTUM GRAPHITE LIMITED — Capital/Financing Update 2021

65646_rns_2021-12-06_e8dcb774-b9ec-4819-88a4-028554a8d6d6.pdf

OFFER FULLY SUBSCRIBED

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QUANTUM GRAPHITE LIMITED Capital/Financing Update 2021