UNICO SILVER LIMITED — Share Issue/Capital Change 2021

Aug 9, 2021

ASX Announcement

Section 708A Cleansing Notice and Appendix 2A

10 August 2021

This notice is given by E2 Metals Limited ( E2 or the Company ) (ASX: E2M) under Section 708A(5)(e) of the Corporations Act 2001 (Cth) ( Corporations Act ).

The Company hereby confirms that:

• (a) as part of the proceeds for the full acquisition of the interest in the mineral title that makes up the El Rosillo project located in the Rio Negro Province, Argentina, the Company has issued a total of 193,655 Fully Paid Ordinary Shares ( Shares ) to the vendors of the property on 10 August 2021 at a deemed issue price of $0.5179 (51.79 cents) each.

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

• (c) the Company is providing this notice under paragraph 5(e) of Section 708A of the Corporations Act;

• (d) as at the date of this notice the Company, as a disclosing entity under the Corporations Act, has complied 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

• (e) as at the date of this announcement, there is no excluded information of the type referred to in Sections 708A(7) and 708A(8) of the Corporations Act.

An Appendix 2A lodged relating to the issue of shares noted above is attached.

For enquiries please contact:

Melanie Leydin

Company Secretary

T: + 61 3 9692 7222

Non-Executive Chairman South Melbourne VIC 3205 Todd Williams P: +61 3 9692 7222 Managing Director F: +61 3 9077 9233 E: info@e2metals.com.au