RUMBLE RESOURCES LIMITED — Capital/Financing Update 2021

Jul 13, 2021

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14 July 2021

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

DIRECTOR PLACEMENT SHARES, EXERCISE OF OPTIONS & BRAESIDE PROJECT TENEMENT ACQUISITION

Rumble Resources Limited (“Rumble” or “the Company”) (ASX: RTR) advises that pursuant to shareholder approval at the general meeting held on 17 June 2021 it has completed the Director participation in the placement previously announced on 28 April 2021, being 2,000,000 fully paid ordinary shares (“Shares”) at $0.50 per Share, to raise $1,000,000.

The Company has also issued 1,033,349 fully paid ordinary shares pursuant to the exercise of 1,033,349 Unlisted Options with a $0.15 exercise price to raise $155,002.35.

In addition, and further to the Appendix 3B and announcement issued on 12 July 2021, the Company has also issued 2,300,000 fully paid ordinary shares in respect of the agreements to consolidate 100% of the Braeside Project tenements.

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 on 14 July 2021 issued 2,000,000 Shares in respect of a Director share placement, 1,033,349 Shares in respect of the exercise of unlisted options and 2,300,000 Shares in respect of the agreements to complete the acquisition of the Braeside tenements;

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

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

4. 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

5. 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.

As previously announced, the Company has completed an orientation IP survey at the Braeside Project targeting deeper high-grade mineralisation positions for RC and diamond core drilling, and the Company is currently analysing the results of that survey. Furthermore, the Company has commenced a soil sampling program at the Braeside to generate further drill targets, is currently completing a resource estimate at the Western Queen Gold Project, and is currently undertaking a major drill program at the Earaheedy Project. All information is currently incomplete 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 any analysis.

Rumble Resources Ltd.

ABN 22 102 912 783 Rumble Resources Ltd

Suite 9, 36 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

Mr Matthew Banks Board of Directors Non-executive Director

Tony Sage Mr Michael Smith Executive Chairman Non-executive Director Brett Smith

Mr Peter Venn Executive Director Non-executive Director Qiu Derong

Mr Steven Wood Non-executive Director Company Secretary Kent Hunter

Non-executive Director

Stephen Brockhurst Company Secretary

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

Steven Wood Company Secretary