SUREFIRE RESOURCES NL — Capital/Financing Update 2024

Dec 8, 2024

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COMPANY UPDATE and CLEANSING NOTICE

Surefire Resources NL (ASX: SRN) (“ SRN ” or the “ Company ”) wishes to advise that it had agreed with Acuity Capital (refer ASX Release 29 October 2024) to extend the expiry date of its At-the-Market Subscription Agreement (previously referred to as a Controlled Placement Agreement) (“ ATM ”) from 31 January 2026 to 31 January 2029.

Shareholder approval was given at the Company’s 2024 Annual General Meeting held 29 November 2024 to increase the number of shares held as security by Acuity Capital under the ATM. An additional 80M shares have now been issued at nil cash consideration, taking the number of shares held as security against the ATM to 100,000,000 (“ Collateral Shares ”). The Company may at any time cancel the ATM, including buying back and cancelling the Collateral Shares for nil cash consideration (subject to shareholder approval).

Please note there is no requirement on Surefire to utilise the ATM and there were no fees or costs associated with the extension of the ATM.

Section 708A(5)(e) Cleansing Notice

SRN advises that an Appendix 2A has been lodged today advising of the issue of 80,000,000 ASX:SRN shares to Acuity Capital, pursuant to the extension of the ATM.

The Company hereby notifies ASX under paragraph 708A(5)(e) of the Corporations Act 2001 ( Act ) that:

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

• (b) as at the date of this notice the Company has complied with the provisions of Chapter 2M of the Act as they apply to the Company, and section 674 of the Act; and

• (c) as at the date of this notice there is no information (‘excluded information ’ ):

  • i) that has been excluded from a continuous disclosure notice in accordance with the ASX Listing Rules; and

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9 December 2024

ASX Announcement ASX Code: SRN | DAX Code: GBL

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• ii) that investors and their professional advisers would reasonably require for the purpose of making an informed assessment of:

  • A. the assets and liabilities, financial position and performance, profits and losses and prospects of the Company; or

  • B. the rights and liabilities attaching to the Options.

The Company also wishes to advise that Mr Jan De Jager’s engagement as CEO of the Company has ceased by mutual agreement, effective as from yesterday, 8 December.

Authorised for ASX release by Rudolf Tieleman, Company Secretary.

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