TREK METALS LIMITED — Capital/Financing Update 2021

Oct 25, 2021

26 OCTOBER 2021 ASX/MEDIA RELEASE COMPLETION OF PLACEMENT AND NOTICE UNDER SECTION 708A(5)(E) OF THE CORPORATIONS ACT

Trek Metals Limited ( ASX: TKM or the Company ) advises that further to its ASX Release of 20[th] October 2021 it has completed the placement of 30,434,783 fully paid ordinary shares in the capital of the Company ( Shares) at an issue price of $0.115 per share. The shares were issued within the Company’s existing Listing Rule 7.1 and 7.1A placement capacity.

The Company gives notice pursuant to section 708A(5)(e) of the Corporations Act 2001 (Cth) Corporations Act) that:

1. the Company issued the Shares without disclosure under Part 6D.2 of the Corporations Act; and

2. as at the date of this notice, the Company has complied with:

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

4. (ii) section 674 of the Corporations Act; and

5. as at the date of this notice, there is no information to be disclosed which is excluded information (as defined in section 708A(7) of the Corporations Act) that is reasonable for investors and their professional advisers to expect to find in a disclosure document.

Approved for release by the Board.

ENDS

For further information contact:

INVESTORS: MEDIA: John Young Derek Marshall Nicholas Read john@trekmetals.com.au dmarshall@trekmetals.com.au 0419 929 046

Trek Metals Limited | ARBN 124 462 826

130 Stirling Highway, North Fremantle WA 6159 | Locked Bag 4, North Fremantle WA 6159 | Australia Bermuda Vallis Building, 4th Floor 58 Par-la-Ville Road. Hamilton HM 11 Tel +61 (0)8 6215 0371 www.trekmetals.com.au info@trekmetals.com.au