Castle Minerals : Issue of Shares - Notice given under section 708A(5) of the Corporations Act

25 November 2020

ISSUE OF SHARES

NOTICE GIVEN UNDER SECTION 708A(5) OF THE CORPORATIONS ACT

Castle Minerals Limited (ASX:CDT) ("Castle" or the "Company") is pleased to advise that following approval from shareholders at its annual general meeting held today, it has completed a placement via the issue of 100,000,000 new ordinary shares at a price of $0.01 per share to raise $1,000,000 before costs (as announced by the Company on 13 October 2020).

An Appendix 2A in relation to the share issue is to follow.

The Company provides notice under section 708A(5)(e) of the Corporations Act that the above ordinary shares were issued without disclosure to investors under Part 6D.2 of the Corporations Act 2001 (Cth).

As at the date of this notice, the Company has complied with:

1. the provisions of Chapter 2M of the Corporations Act as they apply to the Company; and
2. section 674 of the Corporations Act.

Castle confirms that, as at the date of this notice, there is no excluded information required to be disclosed under paragraph 6(e) of section 708A of the Corporations Act.

This announcement is authorised for release by the Board.

Approved by:

Jade Styants

Company Secretary