Announcement PDF ASX Announcement Monday, 15 May 2023 Extension to Share Purchase Plan Closing Date Venture Minerals Limited (Company or Venture) (ASX:VMS) is announcing the extension of the closing date for the Share Purchase Plan (SPP) which was announced on 26 April 2023. The Company has extended the SPP offer closing date by 7 days to 5:00pm (AWST), Monday, 22 May 2023. The full terms and conditions of the SPP are included in the SPP booklet announced to the ASX on 1 May 2023. The SPP allows eligible shareholders to apply for up to $30,000 of shares at the issue price per Share of $0.018 with a free attaching listed option with a 2 year expiry date and an exercise price of $0.036 per share, subject to a prospectus and shareholder approval. The closing date of the SPP is Monday 22 May 2023. Updated Indicative Timetable The timetable below is indicative only and subject to change. All times below are Perth, Australia time (AWST). Event Record Date for the SPP Announcement of SPP and lodge Appendix 3B Date 5pm (AWST) 24 April 2023 26 April 2023 (prior to commencement of trading) Cleansing Notice for SPP lodged with ASX and Dispatch Date for SPP Offer Document (Opening Date) 1 May 2023 SPP Closing Date 22 May 2023 Announcement of result of SPP 23 May 2023 Lodgement of prospectus for the Options to be issued under the SPP Despatch of notice of meeting for Options to be issued under the SPP 24 May 2023 Issue of Shares under SPP and Appendix 2A for SPP lodged 25 May 2023 Quotation on ASX of Shares under the SPP 26 May 2023 Shareholder meeting to approve issue of the Options under the SPP 30 June 2023 Issue of Options under the SPP and lodgement of Appendix 2A 3 July 2023 Venture Minerals Limited | ASX : VMS Level 3, Suite 3, 24 Outram Street, West Perth, Western Australia T: + 61 8 6279 9428 | F: + 61 8 6500 9986 | admin@ventureminerals.com.au | www.ventureminerals.com.au ASX : VMS If you require further information about the SPP, please contact Automic on 1300 288 664 or +61 2 9698 5414 between 8:30am and 8:00pm (AEST) or the company at admin@ventureminerals.com.au. Authorised by the Board of Venture Minerals Limited. Andrew Radonjic Managing Director About Venture Venture Minerals Ltd (ASX: VMS) has refocused its approach to developing the Mount Lindsay Tin-Tungsten Project in northwest Tasmania, already one of the world's largest undeveloped Tin-Tungsten deposits. With the recognition of Tin as a fundamental metal to the battery revolution and Tungsten being a critical mineral, Venture has commenced an Underground Feasibility Study on Mount Lindsay that will leverage off the previously completed open-pit feasibility work. At the neighbouring Riley Iron Ore Mine, the mine is prepared for a quick restart should the market conditions become favourable. In Western Australia, Chalice Mining (ASX: CHN) recently committed to the second stage of the JV which requires a further $2.5 million of expenditure over the next two years to earn a further 19% interest (for a total of 70%) in Venture’s South West Project. At the Company’s Golden Grove North Project, downhole EM has delineated a large conductor under High Grade Zinc-Copper-Gold drill intersections within the 5km long Volcanogenic Massive Sulfide Target Zone, along strike to the world class Golden Grove Zinc-Copper-Gold Mine. Venture has a significant Nickel-Copper-PGE landholding at Kulin with two highly prospective 20-kilometre long Ni-Cu-PGE targets within the Kulin Project. Contact details: Andrew Radonjic Managing Director Venture Minerals Limited Telephone: +61 (0) 8 6279 9428 Email: admin@ventureminerals.com.au Venture Minerals Limited | ASX : VMS Level 3, Suite 3, 24 Outram Street, West Perth, Western Australia T: + 61 8 6279 9428 | F: + 61 8 6500 9986 | admin@ventureminerals.com.au | www.ventureminerals.com.au Page 2