RED MOUNTAIN MINING LIMITED — Capital/Financing Update 2025

May 15, 2025

ASX ANNOUNCEMENT

16 MAY 2025

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ASX: RMX

Red Mountain Mining Ltd ACN 119 568 106

Australia and Canada based Gold and Battery metals explorer

SECONDARY TRADING NOTICE

This notice is given by Red Mountain Mining Limited ( RMX or the, Company ) for the issue of 1,000,000 RMXO options ( New Options ).

The Company issued New Options without disclosure to a consultant under section 708A(5) of the Corporations Act 2001 (Cth) ( Corporations Act ).

Details of the securities issued

Class of securities	Fully Paid Ordinary Shares
ASX code of the securities	RMXO
Date of issue	16 May 2025
Total number of securities issued	1,000,000

Secondary Trading Notice Pursuant to Section 708A(5)(e) of the Corporations Act 2001 (Act)

The Act restricts the on-sale of securities issued without disclosure, unless the sale is exempt under section 708 or 708A of the Act. By giving this notice, a sale of the New Shares noted above will fall within the exemption in section 708A(5) of the Act.

Pursuant to sections 708A(5)(e) and 708A(6) of the Act, the Issuer gives notice that:

a) the New Options were issued without disclosure to a consultant under Part 6D.2 of the Act;

• b) as at the date of this notice, the Issuer has complied with:

  • I. the provisions of Chapter 2M of the Act, as they apply to the Issuer; and

  • II. section 674 of the Act; and

c) as at the date of this notice, other than as set out below, there is no information that is ‘excluded information’ within the meanings of section 708A(7) and 708A(8) of the Act.

Authorised for and on behalf of the Board,

Mauro Piccini, Company Secretary

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redmountainmining.com.au

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