RUMBLE RESOURCES LIMITED — Capital/Financing Update 2021

Oct 17, 2021

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18 October 2021

ASX Compliance Pty Ltd Level 40, Central Park 152-158 St Georges Terrace Perth WA 6000

EXERCISE OF OPTIONS

Rumble Resources Limited (“Rumble” or “the Company”) (ASX: RTR) advises that it has today issued 85,716 fully paid ordinary shares pursuant to the exercise of 85,716 Unlisted Options with a $0.15 exercise price and 31 December 2022 expiry date to raise $12,857.40.

Please refer to the accompanying Appendix 2A for further details.

Notice pursuant to Section 708A(5)(e) of the Corporations Act 2001

The Company gives notice pursuant to section 708A(5)(e) of the Corporations Act 2001 (Cth) (“Corporations Act”) that:

1. The Company has today issued 85,716 Shares in respect of the exercise of unlisted options.

2. The Company issued the shares without disclosure to investors under Part 6D.2 of the Act;

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----- Start of picture text ----- Rumble Resources Ltd.----- End of picture text -----

ABN 22 102 912 783 Rumble Resources Ltd

Level 1, 16 Ord Street, 35 Richardson Street West Perth, WA 6005 WEST PERTH WA 6005

T +61 8 6555 3980 PO Box 1916 F +61 8 6555 3981 West Perth WA 6872

rumbleresources.com.au

ASX : CXU ASX RTR

88.7 M ordinary shares Executives & Management

13.2 M unlisted options Mr Shane Sikora Managing Director Market Cap Mr Brett Keillor $27.5 million (@31c) Technical Director

1. The Company is providing this notice under section 708A(5)(e) of the Act;

2. As at the date of this notice, the Company has complied with:

   • a. The provisions of Chapter 2M of the Corporations Act as they apply to the Company; and

   • b. Section 674 of the Corporations Act; and

3. As at the date of this Notice, other than set out below, there is no excluded information, within the meanings of section 708A(7) and 708A(8) of the Act.

Mr Matthew Banks Board of Directors Non-executive Director

Tony Sage Mr Michael Smith Executive Chairman Non-executive Director

Brett Smith

As previously announced, the Company has an ongoing drill program at the Earaheedy Zinc-Lead Project in Western Australia and is awaiting assay results for a number of holes at the project. The Company is also currently undertaking a drilling program at the Munarra Gully Project. This information is currently incomplete, immaterial, and not currently able to be released to the market in compliance with the Listing Rules and JORC Code. Accordingly, at this time, the information is not considered to be information that investors and their professional advisers would reasonably require for the purposes of making an informed assessment of the assets and liabilities, financial position and performance, profits and losses and prospects of the Company, or the rights and liabilities attaching to the Shares. The Company provides no statement or assurance regarding the results or outcome of the analysis. The Company will release these results as soon as they become available.

Mr Peter Venn Executive Director Non-executive Director

Mr Steven Wood Qiu Derong Company Secretary Non-executive Director

Kent Hunter Non-executive Director

Stephen Brockhurst Company Secretary

This announcement has been authorised for ASX lodgement by Shane Sikora, Managing Director of the Company.

Steven Wood Company Secretary