TEMPEST MINERALS LIMITED — Capital/Financing Update 2021

Aug 31, 2021

ASX: TEM 2021-08-31 | Placement Completion

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Placement of Shares Completed & Cleansing Notice

Tempest Minerals Limited (“Tempest” or “the Company”) wishes to confirm the allotment of 23,000,000 ordinary fully paid shares (Shares) at 1.7 cents per share to raise $391,000 to sophisticated, professional and other exempt investors, ( Placement ) (before costs of raising) as announced on 26 August 2021. The Shares were issued under the Company’s existing placement capacity under Listing Rule 7.1 and 7.1A.

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

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

• as at the date of this notice, it has complied with the relevant provisions of Chapter 2M of the Corporations Act as they apply to the Company and Section 674 of the Corporations Act; and

• as at the date of this notice, there is no excluded information, as that term is defined in Sections 708A(6)(e), 708A(7) and 708A(8) of the Corporations Act.

The Board of the Company has authorised the release of this announcement to the market.

Contact

For more information, please contact: Don Smith

Managing Director

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Level 2, Suite 9 389 Oxford Street Mt Hawthorn, Western Australia 6016

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+61 89200 0435

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www.tempestminerals.com LinkedIn Instagram Twitter Facebook

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Tempest Minerals Ltd │ ACN 612 008 358

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Phone: +61 8 9200 0435 Address: Level 2, Suite 9, 389 Oxford Street, Mt Hawthorn, WA 6016