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RAPTOR METALS LTD Capital/Financing Update 2025

Nov 27, 2025

65663_rns_2025-11-27_d9814eb1-0ec5-49b2-acd9-259e185134d8.pdf

Capital/Financing Update

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ASX Announcement

27 November 2025

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PROSPECTUS OFFER PERIOD EXTENDED

Eastern Metals Limited (to be renamed “Raptor Metals Ltd”) (ACN 643 902 943) (ASX:EMS) ( Company or EMS ) has elected to extend the closing date of the public offer under its Re-compliance Prospectus dated 10 October 2025 ( Offer ) to Thursday, 4 December 2025, at 7:00pm (AEDT).

The one-week extension will allow additional time for investors to apply for EMS shares under the Offer.

An updated indicative timetable for the re-instatement of the Company’s shares to trading on the ASX is as follows.

Event Date (2025)
Offer closes Thursday, 4 December
Anticipated date for re-instatement of EMSshares to trading on the ASX Thursday, 11 December
Closing of EMS off-market takeover offer for100% of shares in Raptor Resources Limited Wednesday, 17 December

The above dates are indicative only and subject to change. EMS may vary these dates without notice, including whether to close the Offer early, further extend the Offer, or accept late applications under the Offer, either generally or in particular cases, or to cancel or withdraw the Offer before completion, subject to the Corporations Act 2001 (Cth), the ASX Listing Rules and other applicable laws.

Existing shareholders and prospective applicants are still able to apply via the Re-compliance Prospectus and Application Forms available on the Company’s website at https://easternmetals.com.au/ or by contacting the Company via email at [email protected].

If the Company’s shares are not re-instated to trading on the ASX by 10 January 2026 (or such later date as permitted by the Corporations Act), the Company will either return any funds received under the Offer in accordance with the Re-compliance Prospectus or issue a supplementary or replacement prospectus and give applicants the right to withdraw their application under the Offer and be repaid.

Authorisation for this Announcement

This announcement has been authorised for release by the Company’s Disclosure Officers in accordance with its Disclosure and Communications Policy which is available on the Company’s website, www.easternmetals.com.au.

Contacts

For more information, please contact:

Ian White Non-Executive Chairman Eastern Metals Limited Mobile +61 416 026 790 Web www.easternmetals.com.au Email [email protected]

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ASX: EMS | [email protected] | easternmetals.com.au