DART MINING NL — Capital/Financing Update 2017

Oct 18, 2017

19 OCTOBER 2017 ASX ANNOUNCEMENT

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Cleansing Notice for Entitlement Offer

This notice is given by Dart Mining NL (“Dart”) under section 708AA(2)(f) of the Corporations Act 2011 (Cth) as notionally modified by the Australian Securities and Investment Commission Instrument 16/84.

Dart announced on 12 September 2017 that it intended to raise approximately $1,028 million (before costs) through a 2 for 1 pro‐rata entitlement offer of fully paid ordinary shares at an issue price of $0.005 with one free attaching option for every new share issued, exercisable at one cent and expiring on 28 February 2019.

Dart advises that:

• (a) The shares and options will be issued without disclosure to investors under Part 6D.2 of the Corporations Act;

• (b) The notice is being given under section 708AA(2)(f) of the Corporations Act;

As at the date of this notice Dart has complied with:

• (a) The provisions of Chapter 2M of the Corporations Act as they apply to the Dart; and

• (b) Section 674 of the Corporations Act; and

As at the date of this notice, there is no information of the type referred to in sections 708AA(8) and 708AA(9) of the Corporations Act.

The potential affect the Entitlement Offer will have on the control of Dart is as follows:

• (a) If all Eligible Shareholders take up their entitlements under the Entitlement offer, there will be no significant effect on the control of Dart.

• (b) If Eligible Shareholders do not take up all of their entitlements, Eligible Shareholders will be diluted.

• (c) The proportional interest of shareholders with registered addresses outside Australia and New Zealand will be diluted because those shareholders are not entitled to participate in the entitlement offer.

Having regard to the composition of Dart’s share register and the terms of the entitlement offer, Dart does not believe that any person will increase their voting power in Dart pursuant to the Entitlement Offer in a way that will have any material impact on the control of Dart.

Yours faithfully

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Julie Edwards Company Secretary

Dart Mining NL ABN 84 119 904 880 PO Box 141 Corryong, Victoria 3707 Australia Phone: +61 (0)2 6076 2336 | Email: info@dartmining.com.au | www.dartmining.com.au |