WESTAR RESOURCES LIMITED — Share Issue/Capital Change 2021

Oct 17, 2021

ASX Announcement

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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 15 October 2021 it issued 500,000 fully paid ordinary shares in relation to the acquisition of the Geoff Well project.

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

This announcement is authorised for release by the Company Secretary.

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Registered Address

A P

Board Members

T E W

Gold Projects

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ENQUIRIES

Karl Jupp, Managing Director & CEO +61 8 6188 7675 kjupp@westar.net.au

ABOUT WESTAR RESOURCES

Westar Resources (ASX:WSR) is a Perth-based mineral exploration company focused on creating value for shareholders through the development of highquality gold assets in Western Australia. Westar’s projects are strategically located in highly prospective parts of some of WA’s most prolific goldfields including Sandstone, Mt Magnet, Southern Cross and Nullagine. The Company’s strategy is to apply a systematic approach to the assessment and prioritisation of its projects, all of which have the potential to produce material discoveries.