DELTA LITHIUM LIMITED — Capital/Financing Update 2020

Jun 17, 2020

ASX Announcement 18 June 2020

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TNT MINES INVESTIGATES DUAL LISTING IN USA

TNT Mines Ltd (ASX: TIN ) (TNT or the Company) provides an update regarding recent investigation into a potential dual listing in the US and international trading in its shares. This follows increasing levels of inbound international enquiry and investor interest from North America coinciding with the announcement on 11 May 2020 that the Company would acquire the high-grade East Canyon Uranium-Vanadium project located in Utah, USA.

Regulatory changes announced recently by the US Government, as well as supply cuts and positive price action in uranium, have generated significant interest in the US uranium thematic, with limited opportunities to invest in US-based uranium projects.

The Company is investigating the possibility of facilitating further trading liquidity and addressing offshore demand by seeking quotation to trade on the OTCQB® Venture Market and/or OTCQX® Best Market in North America. The Board of TIN does not intend to issue further securities as part of any plan to seek quotation on these platforms.

OTC Markets Group Inc. (OTCQX: OTCM) operates both the OTCQB® Venture Market and OTCQX® Best Market for U.S. and global securities.

The Company will provide further updates on any efforts to facilitate North American trading in its shares as the matter progresses.

ABOUT OTC MARKETS GROUP INC.

Headquartered in New York City and founded in 1913, OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, the OTCQB® Venture Market and the Pink® Open Market for 10,000 U.S. and global securities. Through OTC Link® Alternative Trading System and OTC Link ECN, OTC Markets Group connects a diverse network of broker-dealers that provide liquidity and execution services. OTC Markets Group enables investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for investors.

To learn more about OTC Markets Group Inc., visit www.otcmarkets.com. OTC Link ATS and OTC Link ECN are SEC regulated ATSs, operated by OTC Link LLC, member Financial Industry Regulatory Authority, Inc. The Securities Investor Protection Corporation.

OTCQX® Best Market includes a large number of blue-chip stocks from Europe, Canada, Australia, Brazil, and Russia. Some Australian companies currently trading on OTCQX include Fortescue Metals Group Ltd (ASX:FMG), Alumina Limited (ASX:AWC), PointsBet Holdings Limited (ASX:PBH), Starpharma Holdings Ltd (ASX:SPL), Alkane Resources Ltd (ASX:ALK) and Living Cell Technologies Ltd (ASX:LCT).

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Authorised for lodgement by the Board. For further information, please contact:

TNT Mines Ltd

Brett Mitchell Executive Director +61 8 6319 1900 frontdesk@tntmines.com.au