Update to Entitlement Offer Timetable

Cyprium Metals Limited (ASX: CYM) (Company) provides an update in relation to its one (1) for eight (8) pro rata non-renounceable entitlement offer at an issue price of 11.5 cents (being the same issue price as the Placement) to raise up to $10 million (EntitlementOffer), which was announced to ASX on 30 June 2022.

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The timetable in respect to the Entitlement Offer has been updated and Shareholders are advised to disregard the previous timetable (detailed in the Company’s announcement dated 30 June 2022). The Company has delayed the timetable of the Entitlement Offer until after its application in relation to the Company’s inadvertent administrative error to lodge a cleansing notice on 11 December 2020 has been determined by the Supreme Court of Western Australia (Court). The updated timetable is as follows:

All dates are indicative only, subject to change and conditional upon receipt of curative orders from the Court on 11 July 2022. All times and dates refer to Australian Eastern Standard Time. Cyprium reserves the right to amend any or all of these dates and times, subject to the Corporations Act 2001 (Cth), the ASX Listing Rules and other applicable laws and regulations. In particular, Cyprium reserves the right to extend the closing date of the Entitlement Offer, to accept late applications (either generally or in particular cases) and to withdraw the Entitlement Offer without prior notice. Any extension of the closing date may have a consequential impact on the date that new shares are issued. Applicants are encouraged to submit their acceptance forms as soon as possible after the Entitlement Offer opens. The information in this announcement does not constitute financial product advice and does not take into account the financial objectives, personal situation or circumstances of any shareholder. If you are in any doubt as to how to proceed, please contact your financial, tax or other professional adviser.

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