Private Placement Offer utilising the company’s Listing Rule 7.1 & 7.1A capacity to raise up to $2.00m with the ability to take up oversubscriptions at an issue price of $0.065. The offer comes with a 1 for 2 free attaching unlisted option, exercisable at $0.10, expiring 2.5 years from the date of issuance. The issuance of the options will subject to shareholder approval at an upcoming general meeting. The company reserves the right to take up over subscriptions up to its placement capacity or in a second tranche subject to a shareholder approval at an EGM to be convened.

OD6 Metals Limited (ASX: OD6) is an Australian critical minerals explorer and developer focused on supplying premium-grade rare earths and high-grade copper from world-class assets in tier-one jurisdictions. The Company’s two flagship projects — the Splinter Rock Rare Earth Project in Western Australia and the Gulf Creek Copper Project in New South Wales.

Splinter Rock is located in the Esperance region of Western Australia, a globally recognised mining jurisdiction with excellent infrastructure access. It contains a JORC 2012 Mineral Resource Estimate of 682Mt @ 1,338 ppm TREO, including 910 kt contained TREO. Importantly, Magnetic Rare Earth Oxides (MagREO) — neodymium, praseodymium, terbium, and dysprosium — average ~23% of TREO grade across the resource, equating to 205 kt contained MagREO.

The high-grade Inside Centre deposit (119Mt @ 1,632 ppm TREO Indicated) has demonstrated heap leach recoveries up to 80% under simple, low-acid conditions. This low-cost, scalable metallurgical pathway significantly reduces capital and operating complexity by eliminating several expensive processing stages.

In August 2025, OD6 produced high-quality Mixed Rare Earth Carbonate (MREC ~56% TREO) and Mixed Rare Earth Hydroxide (MREH ~59% TREO) using an advanced flowsheet integrating heap leach, nanofiltration (NF), ion exchange (IX) and impurity removal (IR). This processing route delivers products with:

• +90% of product value from MagREE (Nd + Pr + Dy + Tb)
• Exceptionally low impurities (Al, Fe, P, Si) and

Gulf Creek, located in the New England Orogen of NSW, was historically one of Australia’s highestgrade copper mines, producing between 2% and 6.5% Cu before its closure in 1912 due to low copper prices. The mineralisation occurs within three parallel sulphide lenses — Cornish Lode (6– 6.5% Cu), Middle Lode (3–3.5% Cu), and Big Lode (2–2.5% Cu) — with visible copper mineralisation extending into surrounding country rock.

The project is virtually untouched by modern exploration, with only two historical drill holes completed in the 1960s. The 2025 maiden drilling program successfully defined high grade copper below the historical mine plus confirmed the strong relationship between magnetism and massive sulphide mineralisation. Recent geophysical modelling by OD6 has identified multiple high-priority, untested targets along >3 km of prospective strike within mine-stratigraphy and >10 km across the tenement. The fully permitted Phase 2 RC and/or diamond drilling program (~1,750m) will test these targets, supported by downhole EM surveys to identify repeat and parallel lodes.