RESOLUTION MINERALS LTD — Capital/Financing Update 2022

Feb 6, 2022

7 February 2022

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

Resolution Minerals Ltd (Company) has issued 2,000,000 fully paid ordinary shares (ASX: RML) in relation to shares issued on the acquisition of a project ( Issue ).

Details of the Issue

Class of securities:

Ordinary shares

ASX code of securities:

RML

Date of the issue:

7 February 2022

Total number of shares issued:

2,000,000

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:

Duncan Chessell Managing Director Resolution Minerals Ltd M: +61 414 804 055

Julian Harvey Investor Communications Resolution Minerals Ltd M: +61 404 897 584

E: duncan@resolutionminerals.com W: www.resolutionminerals.com

j.harvey@resolutionminerals.com

CAPITAL STRUCTURE

Ordinary Shares Issued 658 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 79 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

BOARD Craig Farrow - Chair Duncan Chessell - MD Andrew Shearer - NED Jarek Kopias - Co Sec Level 4, 29-31 King William Street Adelaide SA 5000