BREAKTHROUGH MINERALS LIMITED — Capital/Financing Update 2018

Jan 9, 2018

ASX Release

10 January 2018

IEC DECEMBER UPDATE

• Improved Sales tonnage in December

• Coal Stockpile Maintained for Rainy Season

• Production steady although impacted by heavy rain

Intra Energy Corporation Limited ("IEC" or "the Company") is pleased to announce that Tancoal Energy Limited (IEC 70% and National Development Corporation of Tanzania 30%) recorded sales in December 2017 that were back to near record levels. Sales were 47,617 tonnes compared to 38,877 tonnes in December 2016. YTD sales are 258,253 tonnes compared to 171,452 tonnes in the prior year. Sales were higher than November 2017 as customers found it easier to hire trucks to pick up the coal.

Production for December 2017 was 49,837 tonnes, compared to 38,601 tonnes in December 2016. YTD production is 290,688 tonnes compared to 179,280 tonnes in the prior year.

The stockpile for the rainy season was increased to 43,000 tonnes, keeping in line with Government requirements for surplus stock to avoid any disruption to industrial supply.

The new crusher and four stackers have arrived at the Kitai sales point. The crusher will begin operating during January 2018 after the manufacturer has done the commissioning work. The commissioning of the crusher at the Kitai sales point will increase the overall efficiency of the mining operation and enable the mine to supply the sized coal in demand by East African customers with a reduced percentage of fines produced in the process.

The increase in prices that has taken effect over the previous few months and the improvement in mining efficiency resulted in another small profit in November 2017.

==> picture [366 x 206] intentionally omitted <==

IEC Chairman, Graeme Robertson, commented "It is good to note that the Company is in a better position to supply higher tonnages of coal than ever before. The new crusher operation will continue to improve coal

supply efficiency and customer specifications. With trucks enabled to haul trailers for better coal payloads will enable more competitive road haulage for regional and export trade for Tanzania."

==> picture [490 x 346] intentionally omitted <==

ENDS

Shareholder Enquiries Jim Shedd Chief Executive Officer Intra Energy Corporation Limited www.intraenergycorp.com.au Registered Office: Level 40, 2 Park Street, Sydney NSW 2000 Postal Address: PO Box 1930, North Sydney NSW 2059

About Intra Energy

Intra Energy is an environmentally responsible, diversified mining and energy group, focused on Eastern Africa, and is listed on the Australian Stock Exchange (ASX:IEC). IEC is a developer and producer of thermal coal in Eastern Africa operating under the motto of “African coal for African growth” and is the only operating thermal coal miner in Eastern Africa. Its flagship coal project is the Tancoal mine in the Ngaka coalfield of Tanzania, operated by Tancoal Energy Limited, a joint venture with the National Development Corporation of Tanzania.

Intra Energy has made significant progress with its Eastern African regional expansion strategy into new mining and renewable energy projects and battery storage materials, and maintains cost effective and efficient operations to remain a low cost producer in this dynamically growing region where it occupies the prime supply position.