DART MINING NL — Capital/Financing Update 2020

Nov 3, 2020

4 NOVEMBER 2020 ASX ANNOUNCEMENT

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Entitlement Offer Shortfall Placement Completion

Dart Mining NL ( ASX: DTM ) (“Dart” or “ the Company ”) is pleased to announce that it has successfully placed 12,205,561 shortfall shares, at an issue price of 20 cents per share and 12,205,561 attaching unlisted options exercisable at 30 cents and expiring on 30 September 2022, representing the full shortfall available from its recently completed Entitlement Issue.

The placement of the shortfall has been made to professional and sophisticated investors raising $2,442,112. Institutional and qualified private investors participated in the placement and the board acknowledges and welcomes those new investors to the company’s share register.

Dart Mining has set out an ambitious exploration program including Drilling, Geophysical, and Geochemical activities aimed at generating additional Gold and Copper exploration targets in NE Victoria. The company holds a commanding land position of ~6,000 sq. km with proven historic production of both gold and base metals.

The total amount raised pursuant to the Entitlement Issue was $4,997,274.

Yours faithfully

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Julie Edwards Company Secretary

For further information please contact

For more information contact

James Chirnside Managing Director jchirnside@dartmining.com.au

Peter Taylor Investor Relations peter@nwrcommunications.com.au 0412 036 231

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 |