Announcement PDF Appendix 3B - Proposed issue of securities Announcement Summary Entity name OD6 METALS LIMITED Announcement Type New announcement Date of this announcement 19/8/2025 The Proposed issue is: A placement or other type of issue Total number of +securities proposed to be issued for a placement or other type of issue ASX +security code +Security description New class-code to be confirmed Options exercisable at $.10 expiring 2.5years from issue Maximum Number of +securities to be issued 24,230,769 Proposed +issue date 31/10/2025 Refer to next page for full details of the announcement Appendix 3B - Proposed issue of securities 1/5 Appendix 3B - Proposed issue of securities Part 1 - Entity and announcement details 1.1 Name of +Entity OD6 METALS LIMITED We (the entity named above) give ASX the following information about a proposed issue of +securities and, if ASX agrees to +quote any of the +securities (including any rights) on a +deferred settlement basis, we agree to the matters set out in Appendix 3B of the ASX Listing Rules. If the +securities are being offered under a +disclosure document or +PDS and are intended to be quoted on ASX, we also apply for quotation of all of the +securities that may be issued under the +disclosure document or +PDS on the terms set out in Appendix 2A of the ASX Listing Rules (on the understanding that once the final number of +securities issued under the +disclosure document or +PDS is known, in accordance with Listing Rule 3.10.3C, we will complete and lodge with ASX an Appendix 2A online form notifying ASX of their issue and applying for their quotation). 1.2 Registered Number Type Registration Number ACN 654839602 1.3 ASX issuer code OD6 1.4 The announcement is New announcement 1.5 Date of this announcement 19/8/2025 1.6 The Proposed issue is: A placement or other type of issue Appendix 3B - Proposed issue of securities 2/5 Appendix 3B - Proposed issue of securities Part 7 - Details of proposed placement or other issue Part 7A - Conditions 7A.1 Do any external approvals need to be obtained or other conditions satisfied before the placement or other type of issue can proceed on an unconditional basis? Yes 7A.1a Conditions Approval/Condition Date for determination +Security holder approval 31/10/2025 Is the date estimated or actual? ** Approval received/condition met? Estimated No Comments Free attaching options and lead manager options subject to shareholder approval Part 7B - Issue details Is the proposed security a 'New class' (+securities in a class that is not yet quoted or recorded by ASX) or an 'Existing class' (additional securities in a class that is already quoted or recorded by ASX)? New class Will the proposed issue of this +security include an offer of attaching +securities? No Details of +securities proposed to be issued ISIN Code (if Issuer is a foreign company and +securities do not have +CDIs issued over them) Have you received confirmation from ASX that the terms of the proposed +securities are appropriate and equitable under listing rule 6.1? No Will the entity be seeking quotation of the 'new' class of +securities on ASX? No ASX +security code +Security description New class-code to be confirmed Options exercisable at $.10 expiring 2.5years from issue +Security type Options Number of +securities proposed to be issued 24,230,769 Offer price details Appendix 3B - Proposed issue of securities 3/5 Appendix 3B - Proposed issue of securities Offer price details Are the +securities proposed to be issued being issued for a cash consideration? No Please describe the consideration being provided for the +securities 5,000,000 issued to the lead manager as consideration for the capital raise and a further 19,230,769 issued as free attaching options to the capital raise announced 19 August 2025 Please provide an estimate of the AUD equivalent of the consideration being provided for the +securities Will all the +securities issued in this class rank equally in all respects from their issue date? Yes Options details +Security currency Exercise price AUD - Australian Dollar AUD 0.1000 Expiry date Details of the type of +security that will be issued if the option is exercised OD6 : ORDINARY FULLY PAID Number of securities that will be issued if the option is exercised One fully paid share Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities proposed to be issued or provide the information by separate announcement. To be provided in a notice of meeting to be lodged in due course Part 7C - Timetable 7C.1 Proposed +issue date 31/10/2025 Part 7D - Listing Rule requirements 7D.1 Has the entity obtained, or is it obtaining, +security holder approval for the entire issue under listing rule 7.1? Yes 7D.1a Date of meeting or proposed meeting to approve the issue under listing rule 7.1 31/10/2025 7D.2 Is a party referred to in listing rule 10.11 participating in the proposed issue? No 7D.3 Will any of the +securities to be issued be +restricted securities for the purposes of the listing rules? Appendix 3B - Proposed issue of securities 4/5 Appendix 3B - Proposed issue of securities No 7D.4 Will any of the +securities to be issued be subject to +voluntary escrow? No Part 7E - Fees and expenses 7E.1 Will there be a lead manager or broker to the proposed issue? Yes 7E.1a Who is the lead manager/broker? GBA Capital Pty Ltd 7E.1b What fee, commission or other consideration is payable to them for acting as lead manager/broker? 6% cash fee and 5,000,000 unlisted options exercisable at $0.10 with a 2.5 year expiry. 7E.2 Is the proposed issue to be underwritten? No 7E.4 Details of any other material fees or costs to be incurred by the entity in connection with the proposed issue Part 7F - Further Information 7F.01 The purpose(s) for which the entity is issuing the securities For working capital, exploration work at Gulf Creek and study work at Splinter Rock 7F.1 Will the entity be changing its dividend/distribution policy if the proposed issue proceeds? No 7F.2 Any other information the entity wishes to provide about the proposed issue Appendix 3B - Proposed issue of securities 5/5