AUREKA LIMITED — Capital/Financing Update 2014

May 13, 2014

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14 May 2014

Market Announcements Office Australian Securities Exchange Level 4, 20 Bridge Street SYDNEY NSW 2000

Issue of Placement Shares – Section 708A Notice

Navarre Minerals Limited ( Navarre ) has today issued 4,615,384 fully paid ordinary shares in Navarre ( Shares ) to a subsidiary of Crocodile Gold Corp., as announced on 12 May 2014.

Navarre gives notice under section 708A(5)(e) of the Corporations Act 2001 (Cth) ( Act ):

1. the Shares were issued without disclosure to investors under Part 6D.2 of the Act;

2. as at the date of this notice, Navarre has complied with the provisions of Chapter 2M (as they apply to Navarre) and section 674 of the Act;

3. as at the date of this notice, there is no information that is ‘excluded information’ within the meaning of section 708A(7) and 708A(8) of the Act.

Jane Nosworthy Company Secretary

Navarre Minerals Limited | ABN 66 125 140 105 40 - 44 Wimmera Street | PO Box 385 | Stawell VIC 3380 Australia t +61 3 5358 8625 e info@navarre.com.au | w navarre.com.au