14 Jan

Release from Voluntary Escrow

ECLIPSE METALS LTD Level 3, 1060 Hay Street, West Perth WA 6005 T: +61 8 9480 0420 | F: +61 8 9321 0320 ABN 85 142 366 541 1 4 January 2022 Re lease from Voluntary Escrow In accordance with ASX Lisitng Rule 3.10A , Eclipse Metals Ltd (ASX: EPM ) ( Eclipse Metals or the Company ) confirms that 106,000,000 fully paid ordinary shares held by the v endors of the Ivittuut project will be released from voluntary escrow today, 14 J an u a ry 2022. The C ompany co n f irms that voluntary escrow provisions continue to apply to certain of the Company’s securite s as foll ow s: Securities Issue Date Restriction period ends 100,000,000 fully paid ordinary shares 14 January 2021 14 January 2023 77,000,000 fully paid ordinary shares 28 May 2021 28 May 202 2 40,500,000 fully paid ordinary shares 28 May 2021 28 May 202 3 25,000,000 Unlisted options exercisable at $0.015 exp. 28/5/24 28 May 2021 28 May 2023 31,250,000 Unlisted options exercisable at $0.015 exp. 28/5/24 28 May 2021 28 May 2022 10,000,000 Unlisted options exercisable at $0.05 exp. 28/5/26 28 May 2021 28 May 2023 16,250,000 U nlisted options exercisable at $0.0 5 exp. 28/5/26 28 May 2021 28 May 2022 This announcement has been authorised for release by: Matthew Foy Company Secretary +61 8 9480 0420 About Eclipse Metals Ltd (ASX: EPM) Eclipse Metals Ltd is an Australian exploration company focused on exploring South - western Greenland, Northern Territory and Queensland for multi commodity mineralisation. Eclipse Metals Ltd has an impressive portfolio of assets prospective for cryolite, fluorite, siderite, quartz (high purity silica), REE, gold, platinum group metals, manganese, palladiu m, vanadium and uranium mineralisation. The Company ' s mission is to increase shareholders ' wealth through capital growth and ultimately dividends. Eclipse Metals Ltd plans to achieve this goal by exploring for and developing viable mineral deposits to ge nerate mining or joint venture incomes. www.eclipsemtals.com.au eclipse metals Eclipse Metals
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