AUKING MINING LIMITED — Capital/Financing Update 2021

Jun 8, 2021

AuKing Mining Limited ABN 29 070 859 522 (previously Chinalco Yunnan Copper Resources Ltd)

Suite 27, Level 7, 320 Adelaide Street Brisbane QLD 4000 GPO Box 216 Brisbane QLD 4001 Tel: +61 7 3535 1208

9 June 2021

Mr Adrian Smythe ASX Limited 20 Bridge Street Sydney NSW 2000

Dear Adrian

Further Pre-Quotation Disclosure Notice

The following information is required to be provided to ASX Limited ( ASX ) for release to the market in connection with the admission to the official list of, and official quotation of, fully paid ordinary shares ( Shares ) in AuKing Mining Limited ACN 070 859 522 ( AKN or the Company ). Unless otherwise defined, capitalised terms used in this notice have the meaning given to them in the prospectus ( Prospectus ) lodged by the Company with ASIC on 9 March 2021 (as supplemented by the First Supplementary Prospectus lodged with ASIC on 19 March 2021 ( First Supplementary Prospectus ), the Second Supplementary Prospectus lodged with ASIC on 23 April 2021 ( Second Supplementary Prospectus ), the Third Supplementary Prospectus lodged with ASIC on 4 May 2021 ( Third Supplementary Prospectus ), the Fourth Supplementary Prospectus lodged with ASIC on 31 May 2021 ( Fourth Supplementary Prospectus ) and the Fifth Supplementary Prospectus lodged with ASIC on 3 June 2021 ( Fifth Supplementary Prospectus )).

The Company confirms the KP Transaction Conditions under the Koongie Park Earn-in, namely the Company;

1. obtaining all necessary Company shareholder and regulatory approval, including for the purposes of Chapters 1, 2 and 11 of the ASX Listing Rules, as required to give effect to the transaction contemplated by the Koongie Park Earn-in;

2. successfully raising a minimum of $6,000,000 pursuant to a capital raising; and

3. paying $900,000 to AAR,

have been satisfied such that the Joint Venture has commenced and AKN has a 25% interest in the Joint Venture.

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Kind regards

This announcement is authorized by:

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Paul Williams

Chief Executive Officer

AuKing Mining Limited

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