AIC Mines Limited (ASX: A1M) (Company) advises that a number of unquoted securities, being performance incentives, have vested on their performance conditions having been met.

Applicable Performance conditions are: when the 60 day VWAP of the Company's share price is $0.60 or more and the issue of a vesting notice by the Company to the performance incentive holder. For the avoidance of doubt, the Company confirms that vesting notices were issued on 21 March 2022.

Contact:

Aaron Colleran

Email: info@aicmines.com.au

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