Rimfire Pacific Mining - Notice received under Section 249D of the Corporations Act

Rimfire Pacific Mining (ASX: RIM, 'Rimfire' or 'the Company') has received the enclosed notices issued from Adriatic Prospect Pty Ltd (ACN 645 592 561), Lake Grace Exploration Pty Ltd (ACN 009 406 437), Northwest Capital Pty Ltd (ACN 147 302 743), and Resource Capital Ltd (Marshall Islands Entity Number 34228) (Requisitioning Shareholders), being specifically: a notice issued on 12 April 2023 under section 203D of the Corporations Act 2001 (Cth) (Corporations Act) of the Requisitioning Shareholders intention to move at a general meeting of the Company, resolutions to remove Mr David Hutton as a director of the Company, remove Mr Ian McCubbing as a director of the Company, remove Mr Andrew Knox as a director of the Company and remove any other person who is appointed as a director of the Company between 12 April 2023 and the date of the general meeting (Resolutions) and a notice issued on 12 April 2023 under section 249D of the Corporations Act of the Requisitioning Shareholders request for the Company to convene a general meeting of shareholders for the purpose of considering the Resolutions, including the following additional resolutions to appoint Mr Oliver Douglas as a director of the Company and appoint Mr Roland Berzins as a director of the Company.

The Company is considering if the notices are valid and will comply with its obligations under the Corporations Act. If the notices are valid, the Company is required to call a general meeting within 21 days of receipt of the notice issued under section 249D of the Corporations Act and to hold that meeting within two months of receipt of that same notice. The Company will keep all shareholders updated on any material developments. This announcement is authorised for release to the market by the Board of Directors of Rimfire Pacific Mining Limited.

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About Rimfire

Rimfire Pacific Mining (ASX: RIM, 'Rimfire' or the 'Company') is an ASX-listed Critical Minerals exploration company which is advancing a portfolio of projects within the highly prospective Lachlan Orogen and Broken Hill districts of New South Wales. The Company has two 100% - owned copper - gold prospective projects that are located west of Parkes and Orange in central New South Wales: The Valley Project - located 5km west of Kincora Copper's Mordialloc porphyry copper gold discovery (KCC.ASX), and The Cowal Project - located to the east of Evolution's Lake Cowal Copper / Gold mine (EVN: ASX). Rimfire also has the 100% - owned Broken Hill Cobalt (Green View) Project which is located immediately west and northwest of Broken Hill and covers several targets including the interpreted along strike extension to Cobalt Blue Holdings' Railway Cobalt Deposit (COB: ASX). Rimfire has two additional projects in the Lachlan Orogen which are being funded by Rimfire's exploration partner - Golden Plains Resources (GPR): Avondale Project (GPR earning up to 75%) & Fifield Project (GPR earning up to 60%) Both projects are prospective for high-value critical minerals - nickel, cobalt, scandium, gold, and PGEs - which are essential for renewable energy, electrification, and green technologies. The development ready Sunrise Energy Metals Nickel Cobalt Scandium Project (ASX: SRL) is adjacent to both projects. The Fifield Project hosts the historical Platina Lead mine, the largest producer of Platinum in Australia.

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