Aurumin Limited (ACN 639 427 099) (ASX: AUN) (Aurumin or Company wishes to advise that it is extending the Closing Date pursuant to its prospectus dated 18 April 2023 (the Prospectus) for the current non-renounceable entitlement offer.

Capitalised terms used, but not defined, in this announcement have the meaning ascribed to them in the Prospectus. As announced on 19 April 2023, the Company is making a one (1) Share for every two (2) Shares held at the record date and one (1) free attaching Quoted Option for every one (1) Share subscribed for under the Entitlement Offer, at an issue price of $0.03 per Share to raise up to approximately $3.0 million (before costs).

The Quoted Options are expected to be listed and are exercisable at $0.06 each and have an expiry date of 31 August 2024 (Entitlement Offer). The Prospectus incorporates an offer to Eligible Shareholders to subscribe for Shares (in excess of their Entitlements) not subscribed for by other Eligible Shareholders pursuant to the Entitlement Offer (Top Up Offer). The Entitlement Offer and Top-Up Offer are partially underwritten by GBA for up to $2,200,000 (Underwritten Amount), being up to approximately 73,333,333 Shares pursuant to the Underwriting Agreement. Pursuant to the indicative timetable contained in the Prospectus, the Company reserves the right to extend the Closing Date of the Entitlement Offer and the Top-Up Offer.

The Company advises that the Closing Date of the Entitlement Offer and Top Up Offer has been extended for a further one week to 5.00pm (AWST) on 16 May 2023 to ensure that all eligible shareholders have an opportunity to participate. The latest date for the Company to extend the Closing Date is now noon (Sydney time) on 11 May 2023. The revised indicative timetable in respect of the Offers is set out below:

The dates above are indicative only and subject to change without notice. The Company reserves the right, subject to the Corporations Act and the Listing Rules, to change any date including further extending the Closing Date of the Offer or withdrawing the Offer without notice. Any extension of the Closing Date will have a consequential effect on the issue date of Shares pursuant to the Entitlement Offer, Top Up Offer and Shortfall Offer. Applicants under the Entitlement Offer and Top Up Offer are therefore encouraged to lodge their Entitlement Form as soon as possible if they wish to invest in the Company. The Company also reserve the right not to proceed with any one or more of the Offers at any time before the issue of securities to Applicants. If any one or more of the Offers is cancelled or withdrawn before settlement, all Application Monies provided under the relevant Offer(s) will be refunded (without interest) as soon as possible in accordance with the requirements of the Corporations Act. The Prospectus was dispatched to Eligible Shareholders on 27 April 2023. The Company wishes to remind Eligible Shareholders that they may access a copy of the Prospectus, along with their personalised Entitlement Form, by accessing: www.computersharecas.com.au/aunoffer

Contact:

Tel: +61 (8) 6555 2950

Email: admin@aurumin.com.au

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