STELLAR RESOURCES LIMITED — Capital/Financing Update 2024

Aug 14, 2024

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Section 708A Cleansing Notice

Stellar Resources Limited (ASX: SRZ , “ Stellar ” or the “ Company ”) advises that it has today issued 137,965,429 new fully paid ordinary shares (Shares) at an issue price of $0.019 (1.9 cents) per Share to sophisticated and professional investors under the Company’s Tranche 2 Placement as announced to the market on 24 May 2024 and subsequently approved at the Company’s Extraordinary General Meeting held Friday, 9 August 2024.

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.

An Appendix 2A relating to this issue has been lodged with the ASX.

– ENDS –

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

For further details please contact:

For broker and media enquiries:

Mathew Watkins

Mathew Watkins Zander Beacham Company Secretary Associate Advisor Stellar Resources Limited White Noise Communications T: +61 3 9692 7222 T: 0433 515 723 E: zander@whitenoisecomms.com

Stellar Resources Limited | ASX: SRZ | ABN: 96 108 758 961

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Level 4, 96 – 100 Albert Road, South Melbourne Victoria 3205, Australia T: +61 3 9692 7222 | F: +61 3 9077 9233 | E: srzinfo@stellarresources.com.au stellarresources.com.au @SRZ_Tin

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About Stellar Resources:

Stellar Resources ( ASX:SRZ ) is focused on developing its world class Heemskirk Tin Project located in the mining friendly jurisdiction of Zeehan, Western Tasmania. The Company has defined a substantial high-grade resource totalling 7.48Mt at 1.04% Sn, containing 77.87kt of tin .[1] This ranks the Heemskirk Project as the highest-grade undeveloped tin resource in Australia and third globally.

The focus for the Company going forward will be to complete exploration and resource drilling at the Heemskirk Project to further grow the resource and improve the confidence by defining more tonnes in the indicated and measured category. Currently, a large proportion of the resource is classified in the indicated category totalling 3.52Mt at 1.05% Sn for 37kt of contained tin .

Stellar also made a major discovery at its North Scamander Project in September 2023, with a maiden exploration drillhole intersecting a significant new high-grade silver, tin, zinc, lead and Indium polymetallic discovery. The Company has also delineated multiple down hole conductions via DHEM and FLEM surveys, providing high-priority follow up targets.

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Figure 1 – Stellar Resources Heemskirk Tin Project Location

1 SRZ ASX Announcement 4 September 2023 – Heemskirk Tin Project MRE Update

The Company confirms that it is not aware of any new information or data that materially affects the information included within this announcement.

Stellar Resources Limited | ASX: SRZ | ABN: 96 108 758 961

Level 4, 96 – 100 Albert Road, South Melbourne Victoria 3205, Australia T: +61 3 9692 7222 | F: +61 3 9077 9233 | E: srzinfo@stellarresources.com.au stellarresources.com.au @SRZ_Tin

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