Eagle Mountain Mining Ltd (ASX:EM2) Placement Completes with Additional $1 Million

Eagle Mountain Mining Limited (ASX:EM2) (OTCMKTS:EGMMF) is pleased to confirm that the second and final tranche of its recently announced placement (ASX 28 September 2021) to raise $16 million before costs has settled.

The second tranche of the Placement, to an entity associated with Mr Charles Bass the Company's Managing Director and major shareholder, raised $1 million through the allotment of 1,538,462 shares at 65 cents and was completed following shareholder approval on 19 November 2021.

The first tranche of the Placement, which raised $15 million before costs through the allotment of 23,081,539 shares, was completed on 1 October 2021.

Tim Mason 
BEng, MBA, GAICD 
Chief Executive Officer 
tim@eaglemountain.com.au

Mark Pitts 
B.Bus, FCA, GAICD 
Company Secretary 
mark@eaglemountain.com.au

Jane Morgan
Investor and Media Relations
jm@janemorganmanagement.com.au