TIMAH RESOURCES LIMITED — Capital/Financing Update 2023

Jul 16, 2023

Notification of cash return of capital

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Announcement Summary

Entity name

TIMAH RESOURCES LIMITED

Applicable security for the return of capital

TML - ORDINARY FULLY PAID

Announcement Type

New announcement

Date of this announcement

17/7/2023

Return of Capital amount per security

AUD 0.00338000

Trading in the re-organised +securities on an "ex return of capital" basis commences

28/7/2023

Record Date

31/7/2023

Payment Date

1/8/2023

Refer to below for full details of the announcement

Notification of cash return of capital

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Notification of cash return of capital

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Announcement Details

Part 1 - Entity and announcement details

1.1 Name of +Entity

TIMAH RESOURCES LIMITED

1.2 Registered Number Type Registration Number ABN 69123987537

1.3 ASX issuer code

TML

1.4 The announcement is New announcement

1.5 Date of this announcement

17/7/2023

1.6 ASX +Security Code

TML

ASX +Security Description

ORDINARY FULLY PAID

Part 2 - Cash return of capital approval requirements and dates

• 2.1 Are any of the below approvals required for the cash return of capital before business day 0 of the timetable? Security holder approval Court approval Lodgement of court order with +ASIC ACCC approval FIRB approval

• Another approval/condition external to the entity required to be given/met before business day 0 of the timetable for the cash return of capital.

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No

2.2 Is the cash return of capital a selective reduction of capital No

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Notification of cash return of capital

Part 3 - Cash return of capital timetable and details

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3.1 +Record date

31/7/2023

3.1a Effective date of the cash return of capital

26/7/2023

3.2 Does the +entity have quoted options on issue?

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No

3.2a Last day for trading in "cum return of capital" +securities. If the entity has quoted options, last day for trading in pre-return of capital quoted options

3.3 Trading in the re-organised +securities on an "ex return of capital" basis commences. If the entity has quoted options and ASX agrees, trading in the quoted options commences on a +deferred settlement basis. 28/7/2023

3.4 +Record Date

31/7/2023

3.4a If the entity has quoted options, first day for the +entity to send holding statements to +security holders notifying them of the change in exercise price for the quoted options they hold.

3.5 Payment date for cash return of capital. If applicable and the +entity has quoted options, +deferred settlement market in options ends. Last day for entity to send holding statements to +security holders notifying them of the change in exercise price for the quoted options they hold and to notify ASX that this has occurred.

1/8/2023

3.5a If the +entity has quoted options, trading in the options starts on a normal T+2 basis

3.5b If the +entity has quoted options, first settlement of trades conducted on a +deferred settlement basis and on a normal T+2 basis

3.6 Currency in which the cash return of capital is made ("primary currency")

AUD - Australian Dollar

3.7 Cash return of capital amount per +security

AUD 0.00338000

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Notification of cash return of capital

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Part 4 - Changes to option pricing as a result of the cash return of capital

4.1 Will the cash return of capital affect the exercise price of any +entity-issued options? No

Part 5 - Further information

5.1 Has the +entity applied for an ATO class ruling relating to this cash return of capital? No

5.2 Source of funds for cash return of capital Surplus cash requirements 5.3 Further information relating to this cash return of capital

5.4 Additional information for inclusion in the Announcement Summary

Notification of cash return of capital

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