ZENITH MINERALS LIMITED(ZNC)

The suspension of trading in the securities of Zenith Minerals Limited will be lifted immediately following the release by ZNC of an announcement regarding a rights issue.

The company releases its Capital Raising Presentation for June 2025.

The company releases its entitlement offer prospectus of approximately 117,656,777 new shares at an issue price of $0.03 per new share on the basis of two new shares for every seven existing shares held, together with one free-attaching new option for every three new shares subscribed for, to raise approximately $3.5 million, before issue costs.

The company is raising A$3.5m in a fully underwritten entitlement offer to accelerate exploration and resource growth at its newly consolidated Dulcie Gold Project in Western Australia. The funding will support a significant exploration campaign and a targeted deep diamond drilling campaign at the Red Mountain Gold Project. The offer is supported by the board and management.

The company releases its application for quotation of securities.

Zenith Minerals Limited will suspend its securities from quotation under Listing Rule 17.2 pending an announcement. The suspension will continue until the end of the requested period or the announcement's release to the market, unless the ASX decides otherwise.

The suspension of trading in the securities of Zenith Minerals Limited will be lifted immediately following the release by ZNC of an announcement regarding a joint venture agreement on its lithium projects.

The company releases a notice of proposed issue of securities.

Zenith to refocus on lithium, and related EV-metals, backed by a new joint venture with the EV Metals Group. The agreement includes a new joint venture over Zenith's Split Rocks and Waratah Well projects in Western Australia, as well as a nonexclusive right to bring additional projects to the joint venture by either party, to explore for lithium/EV metals. EVM or its nominee to subscribe for 20,000,000 ordinary ZNC shares @ $0.30 cents per share (representing a premium of 20% above the VWAP for ZNC shares for the preceding 10 Business Days) to raise A$6M (Placement), with funds applied to source new lithium opportunities, near term advancement of its gold and base metals portfolio and towards working capital. Shares will be issued under the Company's ASXLR 7.1A placement capacity. Settlement of the placement will take place on or about Monday, 17 January 2022. The Placement funds are not joint venture funds and can be deployed at Zenith's discretion. To allow the Zenith team to focus on EV-metal project generative activities, it is planned that the non-EV-metal projects, including base metals and gold assets will be demerged into one or more new companies to be listed on ASX. Any such demerger will be subject to ZNC Board approval, tax advice favourable to the Company, shareholder, ASX, ASIC and other regulatory approvals. ZNC shareholders to benefit by way of an in-specie distribution of the shares in the new listed vehicle/s. Further updates and information on the Demerger will be provided by Zenith in due course.

The suspension is requested until the earlier of the commencement of trading on Friday, 14 January 2022 or upon the release by the Company of an announcement to the market regarding the material lithium alliance and joint venture on Zenith's lithium projects.

The securities of Zenith Minerals Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of ZNC, pending the release of an announcement regarding a material lithium alliance and joint venture on Zenith's lithium projects.

The suspension of trading in the securities of Zenith Minerals Limited will be lifted immediately following receipt of an announcement regarding a material transaction in relation to funding of the Company's USA and Mexican Lithium projects.

The company has agreed to a funding deal with Bradda Head Ltd, a private company controlled by prominent UK investor Jim Mellon, to jointly unlock the potential of Zenith's USA and Mexican lithium project portfolio.

The securities of Zenith Minerals Limited will be suspended from official quotation immediately at the request of the Company, pending the release of an announcement in relation to a material transaction in relation to funding of the Company's USA and Mexican Lithium projects.

The suspension of trading in the securities of Zenith Minerals Limited will be lifted immediately following the release of an announcement concerning a capital raising. ASX Code: ZNC

The securities of Zenith Minerals Limited (the "Company") will be suspended from quotation immediately at the request of the Company pending the release of an announcement. Security Code: ZNC

name changed from Zinc Co Australia Limited