Athena Resources : Placement to raise $100,000

About this update from Athena Resources Limited

6 April 2021 The Company Announcements Office Australian Stock Exchange Limited 4 Floor, Bridge Street Resources SYDNEY, NSW 2000 ACN 113 758 900 PLACEMENT TO RAISE $100,000 Athena Resources Limited (ASX:AHN) ( Athena ) is pleased to announce that it has completed a placement of 2,857,143 fully paid ordinary Athena shares at an issue price of $0.035 each to raise $100,000 ( Placement ). The shares under the Placement ( Placement Shares ) have been issued to Goldway Mega Trade Limited ( Goldway ), a Hong Kong registered company. Goldway is not a related party of Athena. The placement of 2,857,143 shares does not require shareholder approval as it has been issued under the Company's existing placement capacity under ASX Listing Rule 7.1 (and does not exceed 15% of the Company's capital). The proceeds of the Placement (being $100,000) will be used for working capital. The Placement Shares were issued today and are subject to a voluntary escrow period of 12 months from the date of issue and a holding lock over the Placement Shares for the duration of this period. Authorised by the Board. E W Edwards Executive Director ATHENA RESOURCES LIMITED Shareholder queries: Ed Edwards, Executive Director, [email protected] Athena Resources Limited Page 1 of 1 21 Millstream Rise І Hillarys І Western Australia І 6025 PO Box 1970 І West Perth І Western Australia І 6872 Ph +61 (0)8 9307 7902 E [email protected] W athenaresources.com.au

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