RESOLUTION MINERALS LTD — Regulatory Filings 2021

Sep 8, 2021

9 September 2021

JUNIOR MINERALS EXPLORATION INCENTIVE CREDITS GRANTED TO RESOLUTION

• Resolution has been successful in its application for participation in the Federal Government’s Junior Minerals Exploration Incentive ( JMEI ) scheme

• JMEI credits may be distributed to shareholders as tax credits for the 2021/22 tax year – allocation up to $1,250,000 in JMEI credits

• To be eligible, shareholders must have participated in the Company’s fundraising activity after the issue of JMEI credits on 1 September 2021 and up to 30 June 2022

• Only new shares issued by Resolution are eligible for JMEI credits

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Resolution Minerals Ltd (ASX: RML) ( Resolution or the Company ) is pleased to announce that it has been advised by the Australian Taxation Office (ATO) that its application to participate in the JMEI scheme has been accepted and the Company has received an allocation of up to $1,250,000, which can be distributed to eligible shareholders.

In June 2021, the Federal Parliament passed legislation extending the JMEI scheme with effect from 1 July 2021 for a further four-year period based on an annual application process. The ATO is the administrator of the scheme.

The JMEI scheme enables eligible exploration companies to create refundable tax credits for distribution to eligible shareholders by forgoing a portion of their carried forward tax losses that have arisen from allowable expenditure on “greenfield” exploration.

Australian resident investors that are issued with JMEI credits will generally be entitled to refundable tax offsets (for individual shareholders or superannuation funds) or franking credits (for companies). Receiving a JMEI credit could have tax consequences and shareholders who are issued JMEI credits by the Company should obtain independent tax advice specific to their personal circumstances.

The Company’s allocation of JMEI credits must be distributed to all eligible shareholders on a pro-rata basis. To be eligible to receive a pro-rata distribution of JMEI credits from the Company, Shareholders must have applied for and be issued shares in the Company after 1 September 2021 ( Record Date ) and no later than 30 June 2022. Shares issued prior to the Record Date will not be eligible for the credit.

The JMEI credits will apply to the 2021/22 tax year and can be issued by the Company after lodgement of its 30 June 2022 tax return.

Should the Company elect to make a distribution of JMEI credits, eligible shareholders are expected to be notified by the Company of their JMEI credit entitlement in the approved form in September 2022, and the JMEI credits will apply to income tax assessed for the year ended 30 June 2022.

CAPITAL STRUCTURE

BOARD

Ordinary Shares Issued 448 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 February 2021 – Placement $3.2M @ 2.8c

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

Level 4, 29 King William Street Adelaide SA 5000

ASX RELEASE

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Resolution Minerals Ltd (RML) is a junior mineral explorer with projects prospective for in-demand commodities gold, copper and other battery metals. RML believes the largest value creation for shareholders is through discovery success.

For further information please contact the authorising officer:

Jarek Kopias CFO and Company Secretary Resolution Minerals Ltd P: +61 (0) 418 823 574

E: info@resolutionminerals.com

Follow RML on LinkedIn or Twitter or visit our website www.resolutionminerals.com Join RML’s Newsletter Link

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