STELLAR RESOURCES LIMITED — Capital/Financing Update 2022

Feb 10, 2022

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----- Start of picture text ----- ASX ANOUNCEMENT l ASX: SRZ11 February 2022----- End of picture text -----

Section 708A Cleansing Notice

The Directors of Stellar Resources Limited (ASX: SRZ , “ Stellar ” or the “ Company ”) advise that it has issued 3,323,104 fully paid ordinary shares ( Shares ) in the Company upon the vesting of NED Share Rights previously issued as consideration for the settlement of Directors fees in lieu of cash remuneration.

The Company confirms that:

• a) the Shares were issued without disclosure to investors under Part 6D.2 of the Corporations Act;

• b) the Company is providing this notice under section 708A(5)(e) of the Corporations Act:

• c) as at the date of this notice the Company, as a disclosing entity under the Corporations Act, has compiled with:

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

  • ii. section 674 of the Corporations Act as it applies to the Company; and

• d) as at the date of this announcement, there is no excluded information of the type referred to in Section 708A(7) and 708A(8) of the Corporations Act.

For further details please contact:

Mathew Watkins Company Secretary Stellar Resources Limited Tel: +61 3 9692 7222

This announcement is authorised for release to the market by the Stellar Resources Limited Board of Directors.

Stellar Resources Limited ABN: 96 108 758 961

Level 17, 530 Collins Street, Melbourne Victoria 3000, Australia T: +61 3 9692 7222 F: +61 3 9077 9233 E: srzinfo@stellarresources.com.au Web: www.stellar.com.au Twitter: @SRZ_Tin