AUKING MINING LIMITED — Share Issue/Capital Change 2021

May 19, 2021

Notification of Consolidation/Split

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Announcement Summary

Entity name AUKING MINING LIMITED

Applicable security for the reorganisation

AKN ORDINARY FULLY PAID

Announcement Type New Announcement

Date of this announcement Thursday May 20, 2021

Reorganisation type Security consolidation

Trading in the post consolidation or split +securities commences on a deferred settlement basis Tuesday May 25, 2021 Record Date Wednesday May 26, 2021 Issue Date Wednesday June 2, 2021

Refer to below for full details of the announcement

Notification of Consolidation/Split

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Notification of Consolidation/Split

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Announcement Details

Part 1 - Entity and announcement details

1.1 Name of +Entity AUKING MINING LIMITED 1.2 Registered Number Type Registration Number ABN 29070859522 1.3 ASX issuer code AKN 1.4 The announcement is New announcement 1.5 Date of this announcement Thursday May 20, 2021

1.6 Securities affected by the consolidation or split

ASX +Security Code ASX +Security Description AKN ORDINARY FULLY PAID

Part 2 - Approvals

2.1 Are any of the below approvals required for the consolidation or split before business day 0 of the timetable? Security holder approval Court approval Lodgement of court order with +ASIC ACCC approval FIRB approval Another approval/condition external to the entity required to be given/met before business day 0 of the timetable for the consolidation or split. Yes

2.2 Approvals

Notification of Consolidation/Split

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Notification of Consolidation/Split

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Approval/Condition

Approval/Condition Date for determination +Security holder approval Friday May 21, 2021

Is the date estimated or Approval actual? received/condition met? Actual No

Comments

Part 3 - Consolidation or split timetable and details

3.1 +Record date

Wednesday May 26, 2021

3.2 Date of +security holder meeting

Friday May 21, 2021

3.2a Effective date of consolidation or split

Friday May 21, 2021

3.3 Last day for trading in the pre consolidation or split +securities

Monday May 24, 2021

3.4 Trading in the post consolidation or split +securities commences on a deferred settlement basis.

Tuesday May 25, 2021

3.5 Record date

Wednesday May 26, 2021

3.6 First day for entity to update its register and to send holding statements to +security holders reflecting the change in the number of +securities they hold.

Thursday May 27, 2021

3.7 Last day for entity to update its register and send holding statements to +security holders reflecting the change in the number of +securities they hold and to notify ASX that this has occurred. (+Issue Date)

Wednesday June 2, 2021

3.8 Trading starts on a normal T+2 basis

Thursday June 3, 2021

3.9 First settlement of trades conducted on a +deferred settlement basis and on a normal T+2 basis

Monday June 7, 2021

Part 4 - Event type and details

4.1 The event is +Security consolidation

Notification of Consolidation/Split

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Notification of Consolidation/Split

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4.1a Consolidation ratio: the +securities will be consolidated on the basis that every

200

(pre-consolidation) +securities will be consolidated into 1

(post-consolidation) +security (/ies).

4.2 Scrip fraction rounding

Fractions rounded up to the next whole number

Part	5 - +Securities on issue before and after consolidation or split	5 - +Securities on issue before and after consolidation or split
	5.1 +Securities on issue before and after the consolidation or split
	ASX +Security Code	ASX +Security Description
	AKN	ORDINARY FULLY PAID
	Quoted/unquoted	Number on issue pre	Number on issue post	Estimate/Actual
	Quoted	consolidation or split	consolidation or split	Actual
		932,584,461	4,663,199
Part	6 - Further information
	6.1 Further information relating to the consolidation or split

6.2 Additional information for inclusion in the Announcement Summary

Notification of Consolidation/Split

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