FORTUNA METALS LTD — Capital/Financing Update 2017

Aug 13, 2017

ADDRESS Unit 5, Ground Floor 1 Centro Ave, Subiaco WA, 6008 Australia

PHONE EMAIL +61 (8) 9486 4036 pmcneil@frontierresources.com.au ABN WEBSITE 96 095 684 389 www.frontierresources.com.au

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ASX: FNT

Market Announcements Platform

14[th] August 2017

Share Purchase Plan Notice Under ASIC Class Order 09/425

Frontier Resources Limited ( Frontier ) gives notice under paragraph 7(f)(ii) of ASIC Class Order 09/425 that:

• (a) The Company will make offers to issue ordinary shares under a Share Purchase Plan without disclosure to investors under Part 6D.2 of the Corporations Act 2001 (the Act );

• (b) This notice is given in accordance with ASIC Class Order 09/425;

• (c) As at the date of this notice, the Company has complied with:

  • i. The provisions of Chapter 2M of the Act as they apply to the Company; and

  • ii. Section 674 of the Act; and

• (d) As at the date of this notice, there is no information that is “excluded information” (within the meaning of subsections 708A(7) and 708A(8) of the Act as if this were a notice under paragraph 708(5)(e) of the Act).

Matthew Foy Company Secretary Frontier Resources Limited Tel: (08) 9486 4036