ZEUS RESOURCES LIMITED — Capital/Financing Update 2025

Jan 9, 2025

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ASX ANNOUNCEMENT

10 January 2025

EXPIRY OF LISTED OPTONS (ASX CODE: ZEUO)

Zeus Resources Ltd (ASX: ZEU, “ Zeus ”, the “ Company ”) (ASX: ZEU) wishes to advise that 198,169,000 quoted options, exercisable at $0.02 (trading under ASX Code ZEUO) ( Options ) will expire at 5.00pm ( AEST ) on Friday, 7 February 2025 ( Expiry Date ).

Official quotation of the Options on ASX will cease at close of trading on Monday, 3 February 2025, being four business days before the Expiry Date (or in the case of the Options, by reference to the business day immediately before the Expiry Date as it falls on a non- business day).

The Company notes that the Options are “out of the money”. Following contact with the ASX, the Company will not be dispatching personalised notices to option holders in accordance with Item 5.3 of Appendix 6A to the Listing Rules.

In accordance with Item 5.2 of Appendix 6A, the Company provides the following information to holders of the Options:

• the total number of Options on issue is 198,169,000.

• the number of fully paid ordinary shares in the Company to be issued on the exercise and conversion of the Options is 198,169,000.

• the exercise price for each Option is $0.02 (2 cents).

• the due date for payment of the exercise price (in cleared funds) is the Expiry Date, noting the last business day prior to the Expiry Date is Friday, 7 February 2025.

• if payment in cleared funds is not received by the Expiry Date, the Options will expire unexercised and all rights attaching to the Options will cease.

• official quotation of the Options on ASX will cease at close of trading on Monday, 3 February 2025, being four business days before the Expiry Date.

• the market price of the Company’s shares on Thursday, 9 January 2025 was $0.007, (0.7 cents) being the latest available market price of shares on ASX prior to the date of this announcement.

• during the three months preceding the date of this announcement:

  • the highest market price of the Company’s shares on ASX was $0.011 (1.1 cents) on 6 November 2024; and

  • the lowest market price of the Company’s Shares on ASX was $0.007 (0.7 cents) on 23 December 2024; and

• as at the date of this announcement, there are no underwriting agreements in relation to the Options.

If the market price of the Company’s shares exceeds $0.02 (2 cents) before the Expiry Date, the Company will immediately send an option expiry notice to holders of the Options.

www.zeusresources.com Level 1, 9 Bowman St South Perth WA 6151 Ph: +61 412 593 363 ACN: 139 183 190

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Your option exercise form is on the reverse of the holding statement that was forwarded to you at the time of allotment of the options.

If you have any queries in relation to your holding or require a replacement option exercise form, please contact Boardroom on 1300 737 760 (within Australia) or +61 2 9290 9600 (international). Alternatively, you can also direct your enquiries to corporateactions@boardroomlimited.com.au

This announcement was authorised for release to the ASX by the Board.

ENDS

www.zeusresources.com Level 1, 9 Bowman St South Perth WA 6151 Ph: +61 412 593 363 ACN: 139 183 190