Ann: Trading Halt, page-40

1. Meteroric Resources NL (ASX.MEI)

2. A$30 million equity raising, comprising a A$25 million Institutional Placement and A$5 million SPP

3. The Company reserves the right to accept oversubscriptions up to approximately A$5.0 million under the Placement

4. Price - A$0.11 per share

5. 8.3% discount to last price | 16.8% discount to 5-day VWAP | 18.6% discount to 10-day VWAP | 24.2% discount to the 20-day VWAP

6. Proceeds from the Offer, together with existing cash, are currently proposed to be applied to:
   1. Exploration and drilling activities;

   2. Studies including completion of a PFS and commencement of a DFS;

   3. Construction and utilisation of a demonstration plant;

   4. Land acquisitions and progressing licensing and approvals; and

   5. Corporate costs & general working capital.
   6. 
      

Canaccord is Joint Lead Manager and Bookrunner