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DART MINING NL Capital/Financing Update 2014

Sep 3, 2014

64792_rns_2014-09-03_7d60ecb5-4ece-4d5f-a2f1-4738a8e19b4f.pdf

Capital/Financing Update

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Dart Mining N L LGF, 395 Collins Street Melbourne. Victoria 3000 Australia Telephone: +61 (0)3 9621 1299 Fax: +61 (0)3 9620 0070 Email: [email protected] Web: www.dartmining.com.au ACN 84 119 904 880

4 September 2014

ASX Limited Exchange Centre 20 Bridge Road Sydney NSW 2000

Dear Sir.

Completion of capital raising and disclosure pursuant to ASX Listing Rule 3.10.5A

Dart Mining NL (Dart Mining) recently announced that it had completed a capital raising to sophisticated and institution investors. A total of 36,166,667 fully paid ordinary shares were issued at an issue price of \$0.03, raising a total of \$1.085 million.

For the purpose of ASX Listing Rule 3.10.5A, the following information is disclosed to investors:

Details of the dilution to the existing holders of ordinary securities caused by the issue;

No of Shares issued % Dilution
Opening Balance 207,091,315
Plus new Shares under
7.1 contemporaneously
with issue under 7.1A
31,063,697 15%
Total 238, 154, 685
New Shares under 7.1A 5,102,970 2.46%
Closing Balance 243,257,982 17.46%

Where issued for cash consideration, a statement of the reasons why the eligible entity issued the equity securities as a placement under 7.1A and not as a pro-rata issue;

Dart Mining issued shares as a placement to sophisticated and professional investors as this was considered to be the most expedient mechanism for raising funds in a timely manner which provided the required level of certainty.

Dart Mining is grateful for the support of its long-term shareholders and where possible continue to endeavour to afford those shareholders with opportunities to participate in the future capital raising.

Details of any underwriting arrangement;

The placement was not underwritten.

Any other fees and costs incurred in connection with the issue:

No other fees were incurred in connection with the issue.

Yours sincerely

John Nethensole

John Nethersole Company Secretary