RESOLUTION MINERALS LTD — Capital/Financing Update 2021

Oct 5, 2021

6 October 2021

EXTENSION OF SHARE PURCHASE PLAN

Resolution Minerals Ltd ( RML or Company ) refers to the Share Purchase Plan (SPP) announced on 15 September 2021 and advises that the closing date for applications has been extended to: 5:00pm (AEDT - Sydney time) on Wednesday, 20 October 2021 .

The Company has been made aware that many of its shareholders have experienced difficulties in receiving materials due to postal delays. The extension has been granted to ensure that all eligible shareholders have an opportunity to participate in the SPP.

Shareholders who have already applied for shares under the SPP do not need to take any further action.

All other terms of the SPP remain the same.

Shareholders can access their personalised application forms on-line at https://investor.automic.com.au/#/home or can call the share registry on 1300 288 664 or 02 9698 5414.

An updated SPP timetable is below:

Closing Date of Plan (5:00pm AEDT)	Wednesday, 20 October 2021
Issue of New Shares under the Plan	Tuesday, 26 October 2021
Despatch of holding statements	Wednesday, 27 October 2021

The above timetable is indicative only and subject to change at the discretion of the Company.

For further information please contact the authorising officer Jarek Kopias:

Jarek Kopias CFO and Company Secretary Resolution Minerals Ltd P: +61 418 823 574

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

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

j.harvey@resolutionminerals.com

CAPITAL STRUCTURE

Ordinary Shares Issued 532 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 rights 11 M

Performance Shares Class A 9.6 M Class B 3.6 M Last Capital Raise September 2021 - Placement $1.7M @ 2c

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

Level 4, 29 King William Street Adelaide SA 5000