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WA1 RESOURCES LTD Capital/Financing Update 2022

May 19, 2022

66031_rns_2022-05-19_82e06189-3310-42ae-af88-98de9cae5b47.pdf

Capital/Financing Update

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ASX RELEASE
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20 MAY 2022

RELEASE FROM ESCROW

WA1 Resources Ltd ( ASX: WA1 ) ( WA1 or the Company ) advises pursuant to ASX Listing Rule 3.10A that the following securities will be released from ASX imposed escrow on 1 June 2022.

Security Details ASX Code Number
Fully Paid Ordinary Shares WA1 700,001

The Company will apply for quotation of these securities via Appendix 2A no later than five business days after 1 June 2022. There will be no change to the Company’s issued capital as a result of the above.

ENDS

For further information, please contact:

Investors Media Paul Savich Michael Vaughan / Andrew Edge Managing Director Fivemark Partners T: +61 8 6478 7866 T: +61 422 602 720 / +61 410 276 744 E: [email protected] E: [email protected]

Or visit our website at www.wa1.com.au

Authorised for market release by WA1’s Board.

WA1 RESOURCES LTD | ABN: 51 646 878 631 | WWW.WA1.COM.AU | ASX: WA1 A: L2 55 CARRINGTON ST, NEDLANDS WA 6009 P: +61 8 6478 7866 E: [email protected]

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About WA1

WA1 Resources Ltd is based in Perth, Western Australia and was admitted to the official list of the Australian Securities Exchange (ASX) in February 2022. WA1’s shares are traded under the code WA1.

WA1’s objective is to discover a tier 1 mineral deposit in Western Australia’s underexplored regions and create value for all stakeholders. We believe we can have a positive impact on the remote communities within the lands on which we operate. We will execute our exploration using a proven leadership team which has a successful track record of exploring in WA’s remote regions.

Forward-Looking Statements

This ASX Release may contain certain “forward-looking statements” which may be based on forward-looking information that are subject to a number of known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from those presented here. Where the Company expresses or implies an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. For a more detailed discussion of such risks and other factors, see the Company’s Prospectus and Annual Reports, as well as the Company’s other ASX Releases. Readers should not place undue reliance on forward-looking information.

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The Company does not undertake any obligation to release publicly any revisions to any forward-looking statement to reflect events or circumstances after the date of this ASX Release, or to reflect the occurrence of unanticipated events, except as may be required under applicable securities laws.

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