DESPATCH OF PROSPECTUS AND ENTITLEMENT AND ACCEPTANCE FORMS

Antipa Minerals Ltd (ASX: AZY) (the Company) advises that it has completed the despatch of the Prospectus and Entitlement and Acceptance Forms in respect of its pro-rata nonrenounceable entitlement issue of one (1) fully paid ordinary share (Share) for every twentysix (26) Shares held by eligible shareholders registered on the record date of Thursday, 14 September 2023 at an issue price of $0.013 per Share, together with one (1) free option to acquire a Share (Option) for every two (2) Shares applied for and issued, to raise up to $1,990,833 (Offer).

Further details of the Offer, including details on how to accept the Offer and key risks associated with an investment in the Company are set out in the Prospectus. Applications for new Shares and Options under the Offer may only be made by completing the Entitlement and Acceptance Form which accompanies the Prospectus. Shareholders eligible to participate in the Offer should read the Prospectus carefully and consult their professional advisers as necessary.

Contact:

Tel: +61 (0)8 9481 1103

About Antipa Minerals

Antipa Minerals Ltd (ASX: AZY) (Antipa or the Company) is a leading mineral exploration company with a strong track record of success in discovering world-class gold-copper deposits in the highly prospective Paterson Province of Western Australia. The Company's exploration and advancement programme is focused on identifying and unlocking the full potential of the region, which offers significant opportunities for profitable mining operations. The Company's tenement holding covers over 5,100km2 in a region that is home to Newcrest's world-class Telfer mine and some of the world's more recent large gold-copper discoveries including Rio Tinto's Winu and Newcrest-Greatland Gold's Havieron. Exploration success has led to the discovery of several major mineral deposits on Antipa's ground, including the wholly owned, flagship 900km2 Minyari Dome Gold-Copper Project. Minyari Dome currently hosts a 1.8 Moz gold resource (at 1.6 g/t) which was the subject of a Scoping Study (August 2022) indicating the potential for a sizeable initial development with further substantial upside. Antipa is pursuing an aggressive drilling programme this year, targeting substantial and rapid growth to the existing goldcopper resources at Minyari Dome, delivering strong further value enhancement to the existing development opportunity, and making new significant gold-copper discoveries.

Competent Persons Statement - Mineral Resource Estimations for the Minyari Dome Project Deposits, Calibre Deposit, Magnum Deposit and Chicken Ranch Area Deposits and Tim's Dome Deposit: The information in this document that relates to relates to the estimation and reporting of the Minyari Dome Project deposits Mineral Resources is extracted from the report entitled 'Minyari Dome Project Gold Resource Increases 250% to 1.8 Moz' created on 2 May 2022 with Competent Persons Ian Glacken, Jane Levett, Susan Havlin and Victoria Lawns, the Tim's Dome and Chicken Ranch deposits Mineral Resources is extracted from the report entitled 'Chicken Ranch and Tims Dome Maiden Mineral Resources' created on 13 May 2019 with Competent Person Shaun Searle, the Calibre deposit Mineral Resource information is extracted from the report entitled 'Calibre Gold Resource Increases 62% to 2.1 Million Ounces' created on 17 May 2021 with Competent Person Ian Glacken, and the Magnum deposit Mineral Resource information is extracted from the report entitled 'Calibre and Magnum Deposit Mineral Resource JORC 2012 Updates' created on 23 February 2015 with Competent Person Patrick Adams, all of which are available to view on www.antipaminerals.com.au and www.asx.com.au. The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements and that all material assumptions and technical parameters underpinning the estimates in the relevant original market announcements continue to apply and have not materially changed. The Company confirms that the form and context in which the Competent Person's findings are presented have not been materially modified from the original market announcements. The information in this document that relates to the Scoping Study for the Minyari Dome Project is extracted from the report entitled 'Strong Minyari Dome Scoping Study Outcomes' reported on 31 August 2022 which was compiled by Competent Person Roger Mason, which is available to view on www.antipaminerals.com.au and www.asx.com.au. The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and that all material assumptions and technical parameters underpinning the study in the relevant original market announcement continue to apply and have not materially changed. The Company confirms that the form and context in which the Competent Person's findings are presented have not been materially modified from the original market announcement.