CHALICE MINING LIMITED — Share Issue/Capital Change 2018

Jul 9, 2018

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ASX Announcement

10 July 2018

Section 708A Notice – Issue of Shares

Chalice Gold Mines Limited (“Chalice” or “the Company”) (ASX: CHN) (TSX: CXN) advises that on 5 July 2018, the Company issued 2,357,840 shares on the vesting of performance rights.

Of the total shares issued:

• 309,624 shares were issued to an employee without disclosure under Part 6D.2 of the Corporations Act 2001 (Cth) ( Corporations Act ), in reliance on ASIC Class Order [CO 14/1000]; and

• 2,048,216 shares were issued to Key Management Personnel without disclosure under Part 6D.2 of the Corporations Act, in reliance on section 708(8) of the Corporations Act (the Issue ).

The Company gives notice pursuant to section 708A(5)(e) of the Corporations Act:

• (a) the Issue was made without disclosure to investors under Part 6D.2 of the Corporations Act;

• (b) as at the date of this Notice, the Company has compiled with the provisions of chapter 2M of the Corporations Act as they apply to the Company and section 674 of the Corporations Act; and

• (c) as at the date of this Notice, there is no excluded information to be provided in accordance with section 708A(7) and (8) of the Corporations Act that is required to be disclosed.

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Leanne Stevens Company Secretary

Chalice Gold Mines Limited I ABN 47 116 648 956 I Level 2, 1292 Hay Street, West Perth, Western Australia T: +618 9322 3960 I F: +618 9322 5800 I info@chalicegold.com I www.chalicegold.com I Page 1