ALDORO RESOURCES LIMITED — Capital/Financing Update 2021

Aug 31, 2021

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31 August 2021

Dear Shareholder,

AURUM RESOURCES LIMITED – PROSPECTUS

As announced on 24 August 2021, Aurum Resources Limited (ACN 650 477 286) ( Aurum or the Company ) lodged its IPO prospectus with the Australian Securities & Investments Commission ( ASIC ) on 23 August 2021 ( Prospectus ). The Prospectus contains an initial public offer of 22,500,000 fully paid ordinary shares in the capital of the Company ( Shares ) at an issue price of $0.20 per Share to raise $4,500,000 ( Minimum Subscription ) with the ability to accept oversubscriptions of up to a further 2,500,000 Shares at an issue price of $0.20 per Share to raise up to a further $500,000, with the maximum amount to be raised under the offer being $5,000,000 ( Maximum Subscription ) ( Public Offer ).

As part of the Public Offer, the Company is making a priority offer to eligible shareholders of Aldoro Resources Limited (ACN 103 367 684) ( Aldoro ) ( Priority Offer ).

The Priority Offer is being made to all shareholders of Aldoro named on its register of members at 5pm (WST) on 20 August 2021 ( Record Date ), whose registered address is in Australia or New Zealand ( Eligible Aldoro Shareholders ).

Applications for Shares under the Priority Offer must be for a minimum of $2,000 worth of Shares (10,000) Shares (Minimum Investment) and thereafter in multiples of 2,500 Shares and payment for the Shares must be made in full at the issue price of $0.20 per Share.

The closing date for the Priority Offer is 5:00pm (WST) on 14 September 2021 (Closing Date), or such earlier or later date as the directors, in their absolute discretion, may determine. The Company reserves the right to extend the Priority Offer Closing Date or close the Priority Offer early without notice.

The final allocation of Shares under the Priority Offer remains at the sole discretion of the Directors of Aurum, in consultation with the Lead Manager, to ensure the Company has an appropriate shareholder base on admission to the official list of the ASX.

Actions required of Eligible Aldoro Shareholders

The number of Shares to which Eligible Aldoro Shareholders are entitled (your Entitlement ) is outlined in this letter below.

As an Eligible Aldoro Shareholder under the Priority Offer, you may:

• (a) accept your full Entitlement;

• (b) accept your full Entitlement and apply for additional Shares under the Public Offer;

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ALDORO RESOURCES LIMITED | ABN 31 622 990 809 | +61 8 6559 1792 SUITE 2, 1 ALTONA STREET WEST PERTH, WA 6005 http://www.aldororesources.com

• (c) accept part of your Entitlement, provided it is equal to or greater than the Minimum Investment; or

• (d) if you do not wish to accept all or part of your Entitlement, you are not obliged to do anything.

If your shareholding in Aldoro only entitles you to apply for less than 10,000 Shares, you are entitled to subscribe for 10,000 Shares under the Priority Offer and all other Eligible Aldoro Shareholders’ entitlements will be reduced on a pro rata basis.

In the event your shareholding in Aldoro entitles you to a fraction of a Share, entitlements of Eligible Aldoro Shareholders will be rounded up, provided that the Company reserves the right to make minor scale backs to ensure that no more than 25,000,000 Shares are issued to Eligible Aldoro Shareholders.

Priority Offer Application Form

The Priority Offer is scheduled to open on 31 August 2021 . Subject to the important notice at the end of this letter, as an Eligible Aldoro Shareholder, you are entitled to submit a Priority Offer Application Form to participate in the Priority Offer. You may obtain a copy of the Prospectus and apply online from Tuesday 31 August 2021 (assuming no extension by ASIC) by going to the website link below and entering your postcode and your unique Priority Offer access code :

Website Link:(Live from Tuesday 31 August 2021)	https://investor.automic.com.au/#/ipo/aurumresourcespriority
Your unique Priority Offer access code:	<>
Your Priority Offer Entitlement:	<>

In order to participate in the Priority Offer, Eligible Aldoro Shareholders should follow the instructions set out in the Priority Offer Application Form. The Closing Date for the Priority Offer is 14 September 2021 . Aurum reserves the right to extend the Closing Date or close the Priority Offer early without prior notice.

Before deciding whether to invest in Aurum, investors should read the Prospectus in its entirety and consider the risk factors set out in Section 7 of the Prospectus.

For and on behalf of the Board

Mauro Piccini Director and Company Secretary

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ALDORO RESOURCES LIMITED | ABN 31 622 990 809 | +61 8 6559 1792 SUITE 2, 1 ALTONA STREET WEST PERTH, WA 6005 http://www.aldororesources.com

For further information visit www.aurumres.com.au or contact the company secretary on +61 8 6559 1792.

IMPORTANT NOTICE REGARDING ELECTRONIC PROSPECTUS

As stated in the letter above a copy the Prospectus can be downloaded from https://investor.automic.com.au/#/ipo/aurumresourcespriority.

If you are accessing the electronic version of the Prospectus for the purpose of making an investment in Aurum, you must be an Australian or New Zealand resident and must only access the Prospectus from within Australia or New Zealand.

The Corporations Act prohibits any person passing onto another person the Priority Offer Application Form unless it is attached to a hard copy of the Prospectus, or it accompanies the complete and unaltered version of the Prospectus.

Aurum reserves the right not to accept a Priority Offer Application Form from a person if it has reason to believe that when that person was given access to the electronic Priority Offer Application Form, it was not provided together with the electronic Prospectus and any relevant supplementary or replacement Prospectus or any of those documents were incomplete or altered.

Other than as otherwise stated in the Prospectus, no document or information included on Aurum’s website is incorporated by reference into the Prospectus.

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ALDORO RESOURCES LIMITED | ABN 31 622 990 809 | +61 8 6559 1792 SUITE 2, 1 ALTONA STREET WEST PERTH, WA 6005 http://www.aldororesources.com