On 9 July 2021, Crater Gold Mining Limited ('Crater' or the 'Company') requested a suspension in trading of its securities pending an announcement in respect of a material acquisition.

At that time, it was anticipated an announcement would be made on or prior to 30 September 2021 (the 'Announcement'). On 6 October 2021, Crater requested an extension to the suspension in trading of securities until 15 December 2021. On 15 December 2021, Crater requested a further extension to the suspension in trading of securities until 16 March 2022.

The board of directors of the Company advises that negotiations and due diligence in relation to the material acquisition are ongoing. Crater now requests an extension to the suspension in trading of its securities until the earlier of the date that an Announcement is made and 16 September 2022.

The Company confirms that it is not aware of any further information necessary to inform the market about the voluntary suspension.

Contact:

Russ Parker

Tel: +61 8 6188 8181

Email: info@cratergold.com.au

Web: www.cratergold.com.au

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