AERIS RESOURCES LIMITED — Capital/Financing Update 2018

Apr 26, 2018

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ASX Announcement

27 April 2018

Aeris Resources Limited ACN 147 131 977 (ASX code: AIS) Cleansing notice under section 708A(6) of the Corporations Act 2001 (Cth)

As announced to the market on 28 February 2018, Aeris Resources Limited ( Company ) cancelled the Price Participation Agreement held by Standard Chartered Bank ( SCB ) for $1.00 ( Redemption ).

For the purposes of section 254K of the Corporations Act 2001 (Cth) ( Act ), the Company issued one (1) ordinary fully paid share in the Company raising gross proceeds of AUD$1.00 ( Capital Raise ) for the purposes of the Redemption.

In accordance with the requirements of, and pursuant to, section 708A(5)(e) of the Act, the Company gives notice and confirms that:

1. the Capital Raise Shares are part of the class of ordinary shares quoted on the Australian Securities Exchange ( ASX );

2. the Company issued the Capital Raise Shares without disclosure to investors under part 6D.2 of the Act;

3. as at the date of this notice, the Company has complied with:

   • (a) the provisions of chapter 2M of the Act as they apply to the Company; and

   • (b) section 674 of the Act; and

4. as at the date of this notice there is no information:

   • (a) that has been excluded from a continuous disclosure notice in accordance with the ASX Listing Rules; and

   • (b) that investors and their professional advisors would reasonably require for the purpose of making an informed assessment of:

     • (1) the assets and liabilities, financial position and performance, profits and losses and prospects of the Company; or

     • (2) the rights and liabilities attaching to the Capital Raise Shares.

The Appendix 3B in relation to the issue of the share under the Redemption has been lodged with the ASX on 27 April 2018.

Yours faithfully

Andre Labuschagne Chairman Aeris Resources Limited

Aeris Resources Limited ABN 30 147 131 977

Level 2, HQ South Tower, 520 Wickham Street, Fortitude Valley QLD 4006 Australia Post: Box 14, 520 Wickham Street, Fortitude Valley, QLD 4006 E : info@aerisresources.com.au T: +61 7 3034 6200 F: +61 7 3034 6290 aerisresources.com.au