FireFly Metals Ltd. — Share Issue/Capital Change 2016

Aug 2, 2016

Exploration Office Level 3, 100 Pirie Street ADELAIDE SA 5000

ABN: 96 110 336 733

Tel: +61 8 8232 8320 Fax: +61 8 8232 8811 www.monaxmining.com.au

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3 August 2016

Expiry of Unlisted Options

Monax Mining Limited (ASX: MOX “Company”) advises that the following unlisted options have expired in accordance with the terms of which they were issued:

Number of Options	225,000
Exercise Price	$0.051
Expiry Date	28 July 2016

The capital structure of the Company following the expiry of these options is:

Quoted Securities

453,960,718 fully paid ordinary shares (ASX: MOX)

Unquoted securities

325,000 options exercisable at $0.053 expiring 23 July 2017 1,200,000 options exercisable at $0.026 expiring 12 May 2020

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Kaitlin Smith

Company Secretary