BATHURST RESOURCES LIMITED. — Share Issue/Capital Change 2016

Jan 28, 2016

T +64 4 499 6830 F +64 4 974 5218 E wellington@bathurstresources.co.nz

Level 12, 1 Willeston Street Wellington 6011, New Zealand PO Box 5963 Lambton Quay Wellington 6145, New Zealand

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29 January 2016

Market Announcements Office Australian Securities Exchange Level 4, 20 Bridge Street Sydney NSW Australia

SECTION 708A NOTICE

This Notice is given by Bathurst Resources Limited ARBN 164 306 905, a company registered in New Zealand with company number 4382538, (“the Company”) to the ASX under section 708A(5)(e) of the Corporations Act 2001 (“the Act”).

The Company has today issued an additional 4,500,000 ordinary shares each fully paid (“Shares”) to an employee in the Company as part of a separation payment on termination following redundancy. The shares are part of a class of securities quoted on the ASX (code: BRL).

For the purposes of section 708A(6) of the Act the Company further advises:

• (i) the Shares were issued without disclosure to investors under Part 6D.2 of the Act; and

• (ii) as at the date of this Notice the Company has complied with the provisions of Chapter 2M of the Act as they apply to the Company and with section 674 of the Act.

• (iii) the Company is not aware of any excluded information of the type referred to in sections 708A(7) and 708A(8) of the Act as at the date of this Notice.

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Bill Lyne Company Secretary +61 4 1887 4175

www.bathurstresources.co.nz