Resolute Mining Regulatory News (RSG)

18 November 2022

Section 708(5)(e) Cleansing Notice

This notice is given by Resolute Mining Limited (ASX/LSE: RSG)(Resolute or the Company) under section 708A(5)(e) of the Corporations Act 2001 (Cth) as modified by ASIC Corporations (Disregarding Technical Relief) Instrument 2016/73 (Corporations Act).

Resolute has today issued 258,171,997 fully paid ordinary shares (New Shares) at a price of $0.16 per New Share to institutional investors pursuant to a placement to raise approximately A$41 million (Placement), as announced on 10 November 2022.

The Placement is being conducted in conjunction with a partially underwritten pro rata accelerated non-renounceable entitlement offer (Entitlement Offer), announced on 10 November 2022.

In relation to the Placement, Resolute confirms that:

1. the New Shares will be offered for issue without disclosure to investors under Part 6D.2 of the Corporations Act.

2. this notice is being given under section 708A(5)(e) of the Corporations Act.

3. as at the date of this notice, Resolute has complied with:

a) the provisions of Chapter 2M of the Corporations Act as they apply to Resolute; and

b) section 674 of the Corporations Act.

4. as at the date of this notice, there is no excluded information of the type referred to in sections 708A(7) and 708A(8) of the Corporations Act.

Contact

Authorised by Mr Terry Holohan, Managing Director and Chief Executive Officer