Private placement to raise approximately $1 million through the issue of approximately 90 million placement shares at 1.1c per share. The company reserves the right to accept oversubscriptions.

Any Shares ultimately issued under the Placement will be sought to be listed on ASX and will rank equally with the existing Shares.

The issue price represents the following discounts to ASX market pricing per share:

21.4% discount to the Last Closing Price of 1.4c on 10 March 2025 28.6% discount to the 5-day VWAP of 1.54c 27.6% discount to the 10-day VWAP of 1.52c 24.1% discount to the 20-day VWAP of 1.45c

Established in 2017, Resolution Minerals Limited (ASX: RML) focuses on exploring and developing mineral resources vital for the transition to sustainable energy solutions. The company's strategic portfolio includes the George Project in South Australia, prospective for high-purity silica sands and uranium; the Benmara Project in the Northern Territory, targeting battery metals; and a 51% interest in the 64North Gold Project in Alaska.

Resolution Minerals is committed to responsible exploration practices, working closely with local communities and stakeholders to ensure environmental sustainability and social responsibility. The company's experienced management team leverages its expertise to identify and develop projects with significant potential, positioning Resolution Minerals as a key player in the mineral exploration sector.

Resolution Minerals Ltd (ASX:RML) has entered into a Binding Agreement to acquire three antimony, gold, and copper focused projects in New South Wales and Queensland. These include:

• Drake East Antimony-Gold Project (NSW)
• Neardie Antimony Project (QLD)
• Spur South Gold-Copper Project (NSW)

Drake East Antimony-Gold hosts high-grade antimony (Sb), high-grade gold (Au) and high-grade silver (Ag) mineralisation including peak values of:

• 5.72% Sb (Ball & Smith’s Mine NSW GS Sample # G00/363)
• 60.9 g/t Au (Pine Gully Prospect – Malachite Resources NL 1998 Presentation)
• 214 g/t Ag

Drake East antimony occurrences cover a large area with a strike length of over 15km and also hosts a placer gold deposit that has a non-JORC compliant Mineral Resource. Drake East is immediately adjacent to the Legacy Minerals Holdings Ltd (ASX: LGM, market cap $20m) Drake Gold Copper Project where they are developing a large epithermal gold-copper mineralised system.

Neardie Project includes 3 past producing antimony mines, and hosts very high-grade antimony mineralisation including peak values of 19.5% Sb.

Spur South Copper-Gold Project, located within the highly mineralised Macquarie Arc region in NSW, hosts a large magnetic anomaly of a scale and potential similar to magnetic signatures of mineralised systems in the near vicinity.

Macquarie Arc is a prolific region, hosting:

• Cadia: >50Moz Au & 9.5Mt Cu (Newmont)
• Cowal: >11Moz Au (Evolution: EVL)
• McPhillamy’s: 2.3Moz (Regis Resources: RRL)
• Discovery Ridge & Bald Hill: (Regis Resources: RRL)
• Boda: 7.3Moz Au (Alkane: ALK)
• Kempfield: 65.8 Moz Silver, 125k oz Gold (Argent: ARD)
• Spur: 108m @ .55% Cu (Waratah: WTM)

The vendors of the 3 projects are taking the entirety of their equity consideration (25m shares) through escrowed shares in RML.

The Company will use the funds for working capital and further exploration activities at Drake East, Spur South and Neardie projects.