FREEHILL MINING LIMITED. — Capital/Financing Update 2017

Sep 19, 2017

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19 September 2017

SECTION 708A NOTICE

On 12 September 2017, Freehill Mining Limited ( Company ) issued a parcel of 16,395,325 new fully paid ordinary shares in the capital of the Company ( New Shares ) at an issue price of A$0.08 to raise $1,311,625. The share issue was made under a placement to sophisticated, professional and experienced investors, as well as to a number of the Company’s existing debt holders, who converted their amounts owed by the Company into equity in the Company. The funds raised under the placement will be applied to the expansion of crushing production at the Company’s Yerbas Buenas Project, and adding to general working capital.

An Appendix 3B relating to the issue of shares was released to the market on 12 September 2017.

The Company hereby gives notice that:

1. the New Shares were issued by the Company without a disclosure document under Part 6D.2 of the Corporations Act 2001 ( Act );

2. this notice has been given under section 708A(5)(e) of the Act;

3. as at the date of this notice, the Company has complied with:

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

   • b. section 674 of the Act; and

4. as at the date of this notice, there is no information that is ‘excluded information’ as defined in subsections 708A(7) and 708A(8) of the Act.

Yours sincerely,

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Joe Fekete Company Secretary