Announcement PDF Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Announcement Summary Entity name CYPRIUM METALS LIMITED Date of this announcement Tuesday September 12, 2023 The +securities the subject of this notification are: Other Total number of +securities to be issued/transferred ASX +security code New class - code to be confirmed Security description Warrants Refer to next page for full details of the announcement Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 1/7 Total number of +securities to be issued/transferred Issue date 80,328,290 12/09/2023 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Part 1 - Entity and announcement details 1.1 Name of entity CYPRIUM METALS LIMITED We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities. 1.2 Registered number type Registration number ABN 48002678640 1.3 ASX issuer code CYM 1.4 The announcement is New announcement 1.5 Date of this announcement 12/9/2023 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 2/7 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Part 2 - Issue details 2.1 The +securities the subject of this notification are: Other Please specify Issue of Warrants that were subject to approval at a General Meeting 2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which: does not have an existing ASX security code ("new class") Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 3/7 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Part 3C - number and type of +securities the subject of this notification (new class) where issue has not previously been notified to ASX in an Appendix 3B New +securities ASX +security code +Security description New class - code to be confirmed Warrants +Security type ISIN code Options Date the +securities the subject of this notification were issued 12/9/2023 Will all the +securities issued in this class rank equally in all respects from their issue date? Yes Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1? Yes Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued. https://cypriummetals.com/investor-centre/asx-announcements/ 09.08.2023 Notice of General meeting Options Details +Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.04800000 12/9/2025 Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option Other Description Warrants exercisable at $0.048, expiring 12 September 2025 Any other information the entity wishes to provide about the +securities the subject of this notification Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 4/7 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Please provide any further information needed to understand the circumstances in which you are notifying the issue of these +securities to ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B N/A Issue details Number of +securities 80,328,290 Were the +securities issued for a cash consideration? No Please describe the consideration being provided for the +securities Warrants included as part of a Secured Loan Agreement https://cypriummetals.com/investor-centre/asx-announcements/ 26..06.2023 Cyprium Metals Secures A$21million of Funding Purpose of the issue To raise additional working capital Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 5/7 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Part 4 - +Securities on issue Following the issue, conversion or payment up of the +securities the subject of this application, the +securities of the entity will comprise: (A discrepancy in these figures compared to your own may be due to a matter of timing if there is more than one application for quotation/issuance currently with ASX for processing.) 4.1 Quoted +Securities (Total number of each +class of +securities quoted) Total number of +securities on issue ASX +security code and description CYM : ORDINARY FULLY PAID 855,198,300 4.2 Unquoted +Securities (Total number of each +class of +securities issued but not quoted on ASX) Total number of +securities on issue ASX +security code and description CYMAV : PERFORMANCE RIGHTS 50,450,000 CYMAAC : OPTION EXPIRING 31-DEC-2024 EX $0.06 62,500,000 CYMAZ : CONV NOTES MATURING 30-MAR-25 101,373,777 New class - code to be confirmed : Warrants 80,328,290 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 6/7 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Part 5 - Other Listing Rule requirements 5.1 Were the +securities issued under an exception in Listing Rule 7.2 and therefore the issue did not need any security holder approval under Listing Rule 7.1? No 5.2 Has the entity obtained, or is it obtaining, +security holder approval for the issue under listing rule 7.1? Yes 5.2a Date of meeting or proposed meeting to approve the issue under listing rule 7.1 7/9/2023 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 7/7