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RESOLUTION MINERALS LTD Capital/Financing Update 2021

Nov 22, 2021

65717_rns_2021-11-22_4f03ef4c-fbfd-4e54-9332-3709f2e17e68.pdf

Capital/Financing Update

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23 November 2021

SPP OPTIONS PROSPECTUS

Resolution Minerals Ltd ( Resolution or Company ) (ASX: RML) confirms that the Share Purchase Plan (SPP) Options prospectus and application form were dispatched to participants today. A share placement was announced on 15 September 2021 and was followed by the SPP which closed in October 2021. Participants in the placement have been issued unquoted options with an exercise price of $0.03 and expiry of 15 December 2023 ( Options ). SPP participants are eligible to receive one (1) Attaching Option for every two (2) Shares issued to them pursuant to the SPP.

The Options are offered for nil consideration to eligible SPP participants and require an application form to be completed to receive the free Options.

To apply for Options, eligible participants can access their personalised forms by registering their holding on the Automic website https://investor.automic.com.au/#/home. Forms will also be e-mailed or sent via post.

Completed forms can then be:

E-mailed to: [email protected]

Posted to: Resolution Minerals Ltd C/- Automic Pty Ltd GPO Box 5193 SYDNEY NSW 2001

Participants must ensure that completed forms are received by Automic no later than 15 December 2021 .

For further information please contact the authorising officer Duncan Chessell:

Duncan Chessell Julian Harvey Managing Director Investor Communications Resolution Minerals Ltd Resolution Minerals Ltd M: +61 414 804 055 M: +61 404 897 584

E: [email protected] [email protected] W: www.resolutionminerals.com

CAPITAL STRUCTURE

BOARD

Ordinary Shares Issued 656 M

Options and rights Listed options 6 M @ 10c Listed options 74 M @ 12c Unlisted options 13 M @ 8c Unlisted options 59 M @ 4c Unlisted options 42 M @ 3c Unlisted rights 18 M

Performance Shares Class A 9.6 M Class B 3.6 M Last Capital Raise Sep-Oct-21 - Placement and SPP $3.4M @ 2c

Craig Farrow - Chair Duncan Chessell - MD Andrew Shearer - NED Jarek Kopias - Co Sec

Level 4, 29 King William Street Adelaide SA 5000