BREAKTHROUGH MINERALS LIMITED — Capital/Financing Update 2015

Oct 7, 2015

8 October 2015

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Company Announcement Officer Australian Securities Exchange

IEC SECURES NEW COAL SUPPLY AGREEMENT

Intra Energy Corporation Limited (ASX:IEC) is pleased to announce that its 70% Tanzanian subsidiary, Tancoal Energy Limited, has secured a new coal sales contract with Dangote Cement in Tanzania, for the supply of more than 150,000 tonnes over the next year. This represents an annual value of some A$9.3 million and takes total forecast sales to just under 500,000 tonnes per annum.

The contract represents a 35% expansion in production for the Tancoal Mine.

Dangote’s plant is designed to produce 3 million tonnes of cement annually, which requires the equivalent of 300,000 tonnes of coal. Tancoal has been advised that there may be an opportunity to increase its coal supply to Dangote over time.

Tancoal, with a JORC Resource of 423 million tonnes, has the existing production capacity to meet this increased demand, and is concurrently improving operational efficiencies, which will reduce overall mining costs, and increase profit margins.

Tancoal made a maiden net profit after tax of A$1.6 million for the FY2015.

Chairman of IEC Graeme Robertson, commented from Dar es Salaam, “ this significant contract with Africa’s leading cement manufacturer is a credit to IEC’s CEO Tarn Brereton and his team. The expansion of the Tanzanian cement industry illustrates the continuing growth of industrialization in Africa despite recessionary trends in other parts of the world.

For IEC and Tancoal, this justifies our vision of “Tanzanian coal for Tanzanian growth”.

For further information please contact:

Shareholder Enquiries

Tarn Brereton

CEO Intra Energy Corporation Limited M (+61) 419 924 260 (Australia) | M (+255) 765 747 743 (Africa)|

www.intraenergycorp.com.au

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Dangote and Tancoal executives in Mtwara finalizing negotiations for the sales contract. (Mr Aliko Dangote in center of photograph)

About the company:

IEC is an Australian-based mining and energy company with major thermal coal assets in Tanzania and Malawi. Tancoal Energy Limited was formed by a Joint Venture between IEC and the National Development Corporation of Tanzania (NDC) to develop the Mbalawala mine in the Ngaka coalfields of Tanzania .

Forward-Looking Statements

Certain statements made during or in connection with this statement, including, without limitation, those concerning exploration targets, contain or comprise certain forward-looking statements regarding IEC’s exploration operations, economic performance and financial condition. Although IEC believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. Accordingly, results could differ materially from those set out in the forward-looking statements as a result of, among other factors, changes in economic and market conditions, success of business and operating initiatives, changes in the regulatory environment and other government actions, fluctuations in metals prices and exchange rates and business and operational risk management. IEC undertakes no obligation to update publicly or release any revisions to these forward-looking statements to reflect events or circumstances after today's date or to reflect the occurrence of unanticipated events other than required by the Corporations Act and ASX Listing Rules.

Suite 2001, Level 20 Australia Square P +612 9199 5511 Page | 2 264 George Street, Sydney 2000 AUSTRALIA F +612 9247 8966

www.intraenergycorp.com.au