ARUMA RESOURCES LIMITED — Capital/Financing Update 2020

Aug 6, 2020

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7 August 2020

The Manager ASX Limited (“ASX”) Market Announcement Office

Section 708A Notice

Aruma Resources Limited (Aruma or the Company) (ASX: AAJ) advises that it has issued 225,000,000 shares as tranche 1 of the $2.7 million Placement announced 30 July 2020. An additional 5,000,000 shares have been issued to the vendors of Augustus Mining Pty Ltd, the holder of the Capital Gold Project in NSW (refer announcement 5 June 2020), with the approval of shareholders at a meeting 23 July 2020.

The shares issued are part of a class of securities quoted on the ASX Limited. The Company gives this notice pursuant to Section 708A(5)(e) of the Corporations Act.

The securities are issued without disclosure to investors under Part 6D.2, in reliance on Section 708A(5) of the Corporations Act. The Company, as at the date of this notice, has complied with:

the provisions of Chapter 2M of the Corporations Act; and

Section 674 and 675 of the Corporations Act.

There is no excluded information for the purposes of Sections 708A(7) and (8) of the Corporations Act.

Authorised by Phillip MacLeod Company Secretary

ABN 77 141 335 364 ASX: AAJ 1st Floor, 6 Thelma St West Perth W.A. 6005 PO Box 152, West Perth WA 6872, Australia T +61 8 9321 0177 I F +61 8 9226 3764 I W www.arumaresources.com