Announcement PDF ASX : TEM 2024-01-15 | Completion of Acquisition of the Elephant Project and Cleansing Notice Completion of Acquisition of the Elephant Project and Cleansing Notice Tempest Minerals Limited (ASX: TEM) (“Tempest” or the “Company”) wishes to confirm the allotment of 7,740,957 ordinary fully paid shares (Shares) and payment of $36,000 cash as consideration for the purchase of 80% of the issued capital of Lusture Pty Ltd, which owns the Elephant Project (refer TEM ASX release dated 16 August 2023 and 8 January 2024). The Elephant Project comprises 194km2 (135km2 granted - 59km2 application) of highly prospective exploration leases. The location on the edge of a geological block with (the suture between the Yilgarn and Albany-Fraser) is a favourable location for major discoveries as evidenced by the presence of multiple world class deposits in similar environments along this trend. The Shares were issued pursuant to TEM’s existing placement capacity under Listing Rule 7.1. The Company hereby notifies ASX under section 708A(5)(e) of the Corporations Act that: • The Shares were issued without disclosure to investors under Part 6D.2 of the Corporations Act; • as at the date of this notice, it has complied with the relevant provisions of Chapter 2M of the Corporations Act as they apply to the Company and Section 674 and Section 674A of the Corporations Act; and • as at the date of this notice, there is no excluded information, as that term is defined in Sections 708A(6)(e), 708A(7) and 708A(8) of the Corporations Act. The Board of the Company has authorised the release of this announcement to the market. Contact For more information, please contact: Don Smith Managing Director Level 2, Suite 9 389 Oxford Street Mt Hawthorn, Western Australia 6016 Website Instagram LinkedIn Twitter Youtube Facebook +61 8 9200 0435 Tempest Minerals Ltd │ ACN 612 008 358 Phone: +61 8 9200 0435 Address: Level 2, Suite 9, 389 Oxford Street, Mt Hawthorn, WA 6016 Page 1 | 1