Amended Announcement - Koba Stakes High-Quality...

Amended Announcement - Koba Stakes High-Quality Lithium-Pegmatite Project Adjacent to Canada’s Only Operating Lithium Mine

As requested by the ASX, Koba Resources Limited (ASX:KOB) (“the Company”) attaches an amended version of its announcement of 27 October 2022, titled “Koba Stakes High-Quality Lithium-Pegmatite Project”, which now includes additional disclosures in both the body of the announcement and the JORC Table in Appendix 1. Changes include:

1. Providing the name of the drill hole described on page 4 under the “Previous Exploration” section in the body of the announcement, being drill hole TML-08-02.

2. The addition of all the drill holes to Figure 1 including a label for drill hole TML-08-02.

3. Updates to the JORC table, including:

   1. (a) clarification that the Company has reviewed all the relevant reports associated with the 81 holes drilled within the project area during previous exploration for gold, copper, nickel, PGE’s, chrome, uranium and lithium; and

   2. (b) confirmation that there are no material results from the 81 holes, other than the intersection of several pegmatites during exploration for uranium (that were not assayed for lithium), as noted in the announcement.

The Company also confirms that it will be seeking a waiver to ASX Listing Rule 7.3.4 to the extent necessary to permit the Company to issue consideration securities to Geonomik Pty Ltd more than 3 months after the date of the relevant shareholder meeting.

Authorised for release by the Board.