Cassini Resources : Implementation of Acquisition Scheme

ASX Release (CZI)

5 October 2020

Implementation of Acquisition Scheme

Cassini Resources Limited (ASX:CZI) (Cassini or Company) is pleased to advise that the scheme of arrangement pursuant to which OZ Minerals Limited (OZ Minerals) will acquire 100% of the shares in Cassini (Acquisition Scheme) has been implemented.

All Cassini shares have been transferred to OZ Minerals. The Acquisition Scheme consideration, comprising OZ Minerals shares, has been issued to Cassini shareholders, other than ineligible foreign shareholders and small shareholders who did not make an election (Non-ElectingSmall Shareholders).

Ineligible foreign shareholders and Non-Electing Small Shareholders will have the Acquisition Scheme consideration that they would have otherwise been entitled to receive issued to a sale agent who will then sell those OZ Minerals shares and remit the proceeds (if any) to those shareholders.

An application has been made to remove Cassini from the official list of ASX as at the close of trade on 5 October 2020 or as soon as practicable thereafter.

Further information

If you require further information or have questions, please contact the Company Secretary on [phone] Monday to Friday between 9:00am and 5:00pm (AWST).

This has been authorised for release by Richard Bevan.

Richard Bevan

Managing Director

CASSINI RESOURCES LIMITED

Telephone: [phone]

E-mail:[e-mail]