WESTAR RESOURCES LIMITED — Capital/Financing Update 2024

Apr 25, 2024

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ASX Announcement
26 April 2024
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Company Announcements Office Australian Securities Exchange Limited

Notification pursuant to Section 708A(5)(e) of the Corporations Act 2001

Westar Resources Limited (Company) advises that on 26[th] April 2024 it issued 46,339,378 fully paid ordinary shares in relation to a placement to sophisticated and exempt investors.

The Company notifies ASX that:

• (a) the Company issued the securities without disclosure to investors under Part 6D.2 of the Act;

• (b) this notice is given pursuant to paragraph (5)(e) of Section 708A of the Act;

• (c) as at the date of this notice the Company has complied with:

• (i.) the provisions of Chapter 2M of the Act as they apply for the Company; and

• (ii.) Section 674 of the Act; and

• (d) as at the date of this notice there is no information:

• (i.) that has been excluded from a continuous disclosure notice in accordance with the ASX Listing Rules; and

• (ii.) that investors and their professional advisors would reasonably require for the purpose of making an informed assessment of:

  • (A.) the assets and liabilities, financial position and performance, profits and losses and prospects of the Company; or

  • (B.) the rights and liabilities attaching to the securities.

An Appendix 2A follows.

Yours sincerely, Ben Donovan Company Secretary

Westar Resources Limited | ACN 635 895 082 | ABN 66 635 895 082 Level 1, 19 Ord St, West Perth, WA 6005 | PO Box 814 West Perth, WA 6872 +61 08 6556 6000 | admin@westar.net.au | www.westar.net.au

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ASX ANNOUNCEMENT ASX: WSR

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About Westar Resources

Westar Resources is a Perth-based mineral exploration company focused on creating value for shareholders through the discovery and development of high-quality gold, lithium and critical minerals. Westar’s projects are strategically located in the highly prospective Pilbara, Murchison and Yilgarn regions of WA, with projects near Nullagine, Mt Magnet, Cue, Southern Cross and Sandstone. Our exploration strategy is to explore projects aggressively and intelligently using innovation, technology, and best-practice with a clear focus on optimising opportunities for success and generating material discoveries.

For the purpose of Listing Rule 15.5, this announcement has been authorised by the board of Westar Resources Ltd.

ENQUIRIES

Lindsay Franker , Executive Director | lindsay@westar.net.au | ph: 08 6556 6003

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