e

m

C

o

n

Annual General Meeting Results

ELEMENTAL MINERALS LIMITED

Level 3, 88 William Street,

In accordance with Section 251AA of the Corporations Act, the following information is provided to ASX Limited in relation to the resolution passed by members of Elemental Minerals Limited at

Perth,

Western Australia 6000

its Annual General Meeting held on 30

une 2016.

Telephon : +61 (8) 9463 2463

Facsimile: +61 (8) 9463 2499

EMAIL AND WEBSITE

[email protected] entalminerals.c m www.elementalminerals.com

Resolution 1: Adoption of Remuneration Report

The total number of proxy votes exercisable by proxies validly appointed was 266,222,836. The resolution was decided by a show of hands.

A breakdown of the proxies is as follows:

DIRECTORS

Chairman: David Hathorn Managing Director: Sean Bennett

FOR

255,993,195

AGAINST

10,204,641

AT PROXY'S DISCRETION

10,000

ABSTAIN

15,000

Non-exec Director: Jonatha

Trollip

Non-exec Director: Leonard Math

Resolution 2: Re-election of Mr Leonard Math as a Director

ISSUED

APITAL

The total number of proxy votes exercisable by proxies validly appointed was 266,754,086.

(As at - 30 June 2016) 433.3m O dinary Shares ASX Code: ELM

The resolution was decided by a show of hands.

A breakdown of the proxies is as follows:

FOR

256,600,919

AGAINST

10,133,167

AT PROXY'S D SCRETION

10,000

ABSTAIN

10,000

Resolution 3: Re-election of Mr David Hathorn as a Director

The total number of proxy votes exercisable by proxies validly appointed was 266,754,086.

The resolution was decided by a show of hands.

A breakdown of the proxies is as follows:

FOR AGAINST AT PROXY'S DISCRETION

ABSTAIN

252,494,403 10,133,167 10,000 4,116,516

Resolution 4: Re-election of Mr Jonathan Trollip as a Director

The total number of proxy votes exercisable by proxies validly appointed was 266,754,086. The resolution was decided by a show of hands.

A breakdown of the proxies is as follows:

FOR AGAINST AT PROXY'S DISCRETION

ABSTAIN

256,600,919 10,133,167 10,000 10,000

Resolution 5: Issue of Performance Rights to Mr Leonard Math

The total number of proxy votes exercisable by proxies validly appointed was 266,754,086. The resolution was decided by a show of hands.

A breakdown of the proxies is as follows:

FOR AGAINST AT PROXY'S DISCRETION

ABSTAIN

255,898,690 10,320,396 10,000 525,000

Resolution 6: Issue of Performance Rights to Mr Jonathan Trollip

The total number of proxy votes exercisable by proxies validly appointed was 266,754,086. The resolution was decided by a show of hands.

A breakdown of the proxies is as follows:

FOR AGAINST AT PROXY'S DISCRETION

ABSTAIN

255,898,690 10,320,396 10,000 525,000

- ENDS -

About Elemental Minerals Limited

Elemental Minerals Limited (ASX: ELM) is an advanced stage mineral exploration and development company whose primary asset is 97%-owned Sintoukola Potash SARL (SP) in the RoC. SP holds 100% ownership of the Sintoukola Exploration Permit and 100% of the Kola Mining Lease, within which the Kola, Dougou and Yangala Projects are located.

These properties are easily accessed, being located approximately 80km to the north of the city of Pointe Noire. The Projects have the potential to be among the world's lowest-cost potash producers and their location near the Congolese coast of Central West Africa offers a transport cost advantage to key Brazilian and Asian fertilizer markets. The three projects are at varying stages of development; the Kola sylvinite Project is the Company's lead project.

Kola is a large sylvinite deposit, for which a Pre-Feasibility Study (PFS) defined Proven and Probable Reserves of 152 Mt of sylvinite ore1 with an average grade of 31.7% KCl to be mined by conventional underground methods (at a depth of between 200 and 300 m), for a full scale production of 2 Mtpa Muriate of Potash (MoP) by 2024. A Mining License and ESIA approval for Kola were granted in August 20132.

The Dougou Deposit is 15 km southwest of Kola and is a very large carnallitite deposit with a Measured and Indicated Potash Mineral Resource of 1.1 billion tonnes grading 20.6% KCl (at a depth of between 400 and 600 metres) hosted by 35-40 metres of carnallitite within 4 flat-lying seams3. A Scoping Study was completed by ERCOSPLAN of Germany in February 20154. This Study indicates that a low capital cost, low operating cost (Life of Mine operating cost of US$68 per tonne MOP), quick to production carnallite5 solution mine can be established at Dougou, taking advantage of the deposit quality and availability of cheap energy in the RoC.

The Yangala Sylvinite Prospect lies immediately west of Dougou. At Yangala, the Company has drilled two holes, both intersecting a flat-lying layer of over 4 to 4.5 metres thickness with a grade of between 57 and 60% KCl, a candidate for the world's highest grading potash seam6. An Exploration Target of 235 to 470 Mt grading 55 to 60 % KCl was announced on 27th January 20157.

Elemental's management team has a record of bringing quality African mineral projects to production. For more information contact us or visit www.elementalminerals.com.

1 NI 43-101 Technical Report. PFS for the Kola Deposit, 17 September 2012 (SRK Consulting)

2 Announcement dated 15 August 2013: Elemental Minerals Announces Award of Mining License for the Kola Potash Project.

3 Announcement dated 9 February 2015: Elemental Minerals Announces Large Mineral Resource Expansion and Upgrade for the Dougou Potash Deposit.

4 Announcement dated 17 February 2015: Results for the Dougou Potash Project Scoping Study

5 Carnallitite: a rock comprising of the potash mineral carnallite (KMgCl3·6H2O) and other minerals such as halite (NaCl).

6 Announcement dated 20 October 2014: Elemental Minerals Announces results for the Phase 1B drilling programme in the Dougou-Yangala area (part of the Sintoukola Potash Project) in the Republic of Congo (RoC).

7 Announcement dated 27 January 2015: Elemental Minerals Announces an Exploration Target for the High Grade Sylvinite Hangingwall Seam at the Yangala Prospect.

Table 1. Elemental Minerals' potash Resources

Notes: The Kola Mineral resources were estimated by CSA Global of Perth, and reported under the JORC Code 2004. Elemental is not aware of any new information or data that materially affects the information included in the Announcement to the ASX on the 21th August titled "Elemental Announces Further Significant Mineral Resource Upgrade for Kola". In the case of the Mineral Resources the company can confirm the assumptions and the technical parameters underpinning the estimates continue to apply and have not materially changed. The form and context of the Competent Person's findings as presented in the announcement have not materially changed. The Dougou Mineral Resource was completed by ERCOSPLAN Ingenieurgesellschaft Geotechnik und Bergbau mbH ("ERCOSPLAN") and reported in accordance with the JORC 2012 code in the ASX announcement dated 9 February 2015 titled "Elemental Minerals Announces Large Mineral Resource Expansion and Upgrade for the Dougou Potash Deposit". Table entries are rounded to the appropriate significant figure. A conversion factor of 1.5837 was used to convert K2O to KCl. Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability. The estimate of Mineral Resources may be materially affected by environmental, permitting, legal, marketing, or other relevant issues.

Table 2. Elemental Minerals' potash Ore Reserves

Notes: The Kola Sylvinite Mineral Reserves were determined by SRK Consulting and described in detail in the report titled 'NI 43-101 Technical Report for the Sintoukola Potash Project, Republic of Congo' dated 17 September 2012 and have not changed since then.