AUKING MINING LIMITED — Director's Dealing 2022

Oct 24, 2022

Appendix 3X Initial Director’s Interest Notice

Rule 3.19A.1

Appendix 3X

Initial Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/9/2001.

Name of entity: AuKing Mining Limited ABN: 29 070 859 522

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Asimwe Matungwa Herman Kabunga
Date of appointment	19 October 2022

Part 1 - Director’s relevant interests in securities of which the director is the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Number & class of securities

Nil

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of interestNote: Provide details of the circumstances givingrise to the relevant interest.	Number & class of Securitiesnil

Part 3 – Director’s interests in contracts

	Detail of contract	Mr Kabunga has an interest in the proposed
		acquisition, announced to the market on 19October, by AuKing Mining Limited of all of theissued shares in Australian incorporated 92 U PtyLtd. The purchase price will be discharged by
		AuKing in the form of 60,000,000 ordinary shares
		and 30,000,000 options exercisable at 20c on orbefore 30 September 2025. The transaction issubject to obtaining AuKing shareholder approval.
	Nature of interest	Mr Kabunga is a Director and shareholder inKabunga Holdings Pty Ltd who will receive40,500,000 shares and 20,250,000 options of thepurchase price.

• See chapter 19 for defined terms.

30/9/2001

Appendix 3X Page 1

Appendix 3X Initial Director’s Interest Notice

Name of registered holder(if issued securities)	Kabunga Holdings Pty Ltd
No. and class of securities towhich interest relates	60,000,000 ordinary shares (AKN) and30,000,000 unlisted options exercisable at 20c onorbefore 30 September 2025.

• See chapter 19 for defined terms.

30/9/2001

Appendix 3X Page 2