Enterprise Metals Limited (ASX: ENT) (Enterprise or the Company) advises it has decided to extend the closing date of the Share Purchase Plan (SPP). Enterprise is pleased to offer eligible shareholders the opportunity to participate in the SPP to raise up to $500,000 (before expenses). The SPP is now scheduled to close at 5:00pm (AWST) on 23 November 2022.

This announcement has been approved for release by the Board of Enterprise Metals Ltd.

Contact:

Dermot Ryan

Director

Ph: +61 8 6381 0392

E: admin@enterprisemetals.com.au

About Enterprise Metal

Enterprise Metals has exciting exploration projects in Western Australia prospective for lithium, gold, copper, nickel and potash. Funds raised following completion of the SPP will be directed principally towards the company's Murchison (gold, zinc, copper), Bullfinch North (lithium, gold, nickel) and Mandilla (gold, lithium) projects

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