ANNOUNCEMENT TO AUSTRALIAN SECURITIES EXCHANGE

7 October 2015

ASX Limited

Companies Announcement Office Electronic Lodgement System

Dear Sirs

Section 708A Notice - Share Issue

Mithril Resources Limited (Company) hereby provides notice to the ASX for the purpose of section 708A(5)(e) of the Corporations Act 2001 (Cth) that it has issued 25,555,558 fully paid ordinary shares in the Company (Shares) without disclosure to investors under Part 6D.2 of the Corporations Act 2001 (Cth).

The Company states that as at the date of this notice it:

• has complied with the provisions of Chapter 2M of the Corporations Act 2001 (Cth) as they apply to the Company;

• has complied with section 674 of the Corporations Act 2001 (Cth); and

• is not aware of any excluded information within the meaning of sections 708A(7) and 708A(8) of the Corporations Act (Cth).

The Appendix 3B with respect to the issue of Shares was lodged by the Company with the ASX on 6th October 2015.

Yours faithfully

Donald Stephens

Company Secretary

22b Beulah Road, Norwood, South Australia 5067 Telephone: (61 8) 8132 8800 Fax: (61 8) 8132 8899

Web: www.mithrilresources.com.au Email: [email protected] ABN: 30 099 883 922