ENOVA MINING LIMITED — Capital/Financing Update 2017

Apr 5, 2017

6[th] April 2017

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Company Announcements Office Australian Securities Exchange 4[th] Floor 20 Bridge Street SYDNEY NSW 2000

Dear Sir/Madam

ADDITIONAL LOAN AGREEMENT

The Company has today entered into a further loan agreement with Atlas Offshore Services Pty Ltd, a company owned jointly by director Stanislaw Wassylko and Harun Halim Rasip, a director of EMMCO Mining SDN BHD (EMMCO).

The additional loan of $350,000 will be combined with the original loan of $350,000 and will be repayable, including interest thereon, before 30 September 2017. Interest is payable at a flat rate of 7.5%.

The funds will be used for:

• (i) administrative and regulatory costs incurred to the end of 2017

• (ii) statutory tenement rental payments and ongoing maintenance expenditure in respect to tenements

• (iii) the holding of an Extraordinary General Meeting before the end of June 2017 to secure shareholder approval for the acquisition of Essential Mining Resources Pty Ltd, and

• (iv) the formulation of development plans for the Charley Creek Alluvial Rare Earth Project

Yours Sincerely

Eric Vesel

Director

CROSSLAND STRATEGIC METALS LIMITED ASX : CUX ABN 64 087 595 980 PHONE: + 61 3 9867 7199 FACSIMILE: + 61 3 9867 8587 EMAIL: admin@crosslandstrategic.com.au ADDRESS: Registered Office: Level 2, 470 Little Collins St., Melbourne, VIC 3000 1 AUSTRALIA Mail: Suite 6, 61 Robinson St., Dandenong VIC 3175 AUSTRALIA