Eagle Mountain Mining Limited (ASX:EM2) Share Issue Completes Placement

Eagle Mountain Mining Limited (ASX:EM2) (OTCMKTS:EGMMF) is pleased to confirm that the second and final tranche of a placement (ASX 4 April 2022) 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 2,222,223 shares at 45 cents and was completed following shareholder approval on 20 May 2022.

In addition, a further 70,000 shares were issued following the exercise of employee options.

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