DUKETON MINING LIMITED — Capital/Financing Update 2020

Oct 13, 2020

==> picture [147 x 72] intentionally omitted <==

14 October 2020

Company Announcements Office ASX Limited 20 Bond Street SYDNEY NSW 2000

Dear Sir

ISSUE OF DUKETON MINING LIMITED SHARES – SECONDARY TRADING NOTICE NOTIFICATION PURSUANT TO SECTION 708A(5)(e) OF THE CORPORATIONS ACT 2001 ("Act")

On 14 October 2020, Duketon Mining Limited (" Company ") issued 80,000 fully paid ordinary shares (" Securities ").

Secondary Trading Exemption

The Act restricts the on-sale of securities issued without disclosure, unless the sale is exempt under section 708 or 708A. By the Company giving this notice, sale of the Securities noted above will fall within the exemption in section 708A(5) of the Act.

The Company hereby notifies ASX under paragraph 708A(5)(e) of the Act that:

• (a) the Company issued the Securities without disclosure to investors under Part 6D.2 of the Act;

• (b) as at the date of this notice, the Company has complied with the provisions of Chapter 2M of the Act as they apply to the Company, and section 674 of the Act; and

• (c) as at the date of this notice, there is no information:

  • i. that has been excluded from a continuous disclosure notice in accordance with the ASX Listing Rules; and ii. that investors and their professional advisers would reasonably require for the purpose of making an informed assessment of:

    • A. the assets and liabilities, financial position and performance, profits and losses and prospects of the Company; or

    • B. the rights and liabilities attaching to the Securities.

Yours faithfully

==> picture [149 x 50] intentionally omitted <==

Dennis Wilkins Company Secretary

Duketon Mining Limited ABN 76 159 084 107 Level 2, 45 Richardson Street WEST PERTH WA 6005