RESOLUTION MINERALS LTD — Capital/Financing Update 2021

Feb 25, 2021

26 February 2021

PLACEMENT CLEANSING NOTICE UNDER SECTION 708A(5)(E) OF THE CORPORATIONS ACT

Resolution Minerals Ltd (Company) has issued 131,171,443 fully paid ordinary shares (ASX: RML) upon exercise of unquoted performance rights, project consideration and a share placement ( Issue ).

Details of the Issue

Class of securities: Ordinary shares ASX code of securities: RML Date of the issue: 25 February 2021 and 26 February 2021 Total number of shares issued: 131,171,443

The Company advises that:

1. The shares offered under the Issue were issued without disclosure to investors under Part 6D.2 Corporations Act 2001 (Cth) (Corporations Act).

2. This notice is given under section 708A(5)(e) of the Corporations Act.

3. As at the date of this notice, the Company has complied with the provisions of Chapter 2M Corporations Act as they apply to Resolution Minerals and has complied with section 674 Corporations Act.

4. As at the date of this notice, there is no excluded information of the type referred to in sections 708A(7) and 708A(8) of the Corporations Act that has not already been disclosed to investors generally.

For further information please contact the authorising officer:

Duncan Chessell Follow RML on LinkedIn or Twitter Managing Director or visit our website www.resolutionminerals.com Resolution Minerals Ltd +61 8 6118 7110 E: info@resolutionminerals.com

CAPITAL STRUCTURE

BOARD

Ordinary Shares Issued 424 M

Options and rights Listed options 6.1 M @ 10c Listed options 74.6 M @ 12c Unlisted options 12.3 M @ 25c Unlisted options 13.4 M @ 6c Unlisted rights 10.6 M

Performance Shares Craig Farrow - Chair Class A 9.6 M Duncan Chessell - MD Class B 3.6 M Andrew Shearer - NED Jarek Kopias - Co Sec Last Capital Raise February 2021 - Placement Level 4, 29-31 King William Street $3.2M @ 2.8c Adelaide SA 5000