Castle Minerals Limited (ASX: CDT) ('Castle' or the 'Company') is pleased to advise that it has completed a placement via the issue of 120,000,000 new ordinary shares at a price of $0.03 per share to sophisticated and professional investors to raise $3,600,000 before costs (as announced by the Company on 12 January 2022).

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

As at the date of this notice, the Company has complied with the provisions of Chapter 2M of the Corporations Act as they apply to the Company and section 674 of the Corporations Act. As at the date of this notice there is no information that is excluded information for the purposes of section 708A(7) and 708A(8) of the Corporations Act.

Contact:

Tel: +61 8 9322 7018

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