Ann: Security Purchase Plan, page-2

INVITATION TO PARTICIPATE IN SHARE PURCHASE PLAN
On 02 Aug 2021, Classic Minerals Limited (Classic or Company) announced its intention to
undertake an offer of fully-paid ordinary shares in the Company (Shares) to eligible shareholders
under a share purchase plan at an issue price of $0.0013 per Share to raise up to $8.4 million (SPP
Offer).
On behalf of the Directors, I am pleased to offer Eligible Shareholders, as defined in Section 2 of the
enclosed terms and conditions (SPP Terms and Conditions) the opportunity to participate in the
SPP Offer. Details of the SPP Offer are set out in this letter and the enclosed SPP Terms and
Conditions.
The SPP Offer allows Eligible Shareholders to subscribe for up to $30,000.00 worth of new Shares,
irrespective of the size of their shareholding, without incurring brokerage or other transaction costs.
The SPP Offer is only available to Eligible Shareholders who were registered as holders of fully paid
ordinary shares in the Company as at 5:00pm (WST) on 30 July 2021 and whose registered address
is in Australia or New Zealand.
Participation in the SPP Offer is open to Eligible Shareholders, including Eligible Shareholders who
are custodians on behalf of Eligible Beneficiaries. All Shares issued under the SPP Offer will rank
equally with existing Shares. The right of Eligible Shareholders to participate in the SPP Offer is not
transferable.
The issue price of the SPP Offer represents a 13.33% discount to the volume-weighted average
trading price of the Company's shares on the Australian Securities Exchange (ASX) during the 5
trading days immediately prior to the announcement date of the SPP Offer and is a 35% discount to
the closing price of the Company’s Shares on ASX on the last trading day immediately prior to the
announcement date of the SPP Offer.
The SPP Offer opens on Monday 02 Aug 2021 and is expected to close at 5:00pm (Perth time) Monday
16 Aug 2021 (Closing Date). However, Classic reserves the right to close the SPP Offer early in the
event that it is oversubscribed.
Eligible Shareholders may participate by selecting one of the alternatives set out in Section 4 of the
SPP Terms and Conditions enclosed.
To apply for a parcel of Shares under the SPP Offer, please read the SPP Terms & Conditions and
follow the instructions in the enclosed Application Form