GATEWAY MINING LIMITED — Capital/Financing Update 2020

Jul 20, 2020

ABN: 31 008 402 391 Level 11, 52 Phillips Street Sydney NSW 2000 GPO Box 225 Sydney NSW 2001 Tel: 61 2 8316 3998 Fax: 61 2 8316 3999 Website: www.gatewaymining.com.au

==> picture [146 x 89] intentionally omitted <==

ASX Announcement: 21 July 2020

CLEANSING NOTICE

This notice is given by Gateway Mining Limited ( Issuer ), under section 708A(5)(e) of the Corporations Act 2001 ( Act ).

The Issuer today issued 332,063,099 fully paid ordinary shares at an issue price of A$0.016 per Share ( Shares ) to institutional, professional and sophisticated investors comprising of the Tranche 1 Shares under the placement announced on 14 July 2020.

The Issuer advises that:

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

• (b) this notice is being given under sections 708A(5)(e) of the Act;

• (c) as at the date of this notice, the Issuer has complied with:

  • (i) the provisions of Chapter 2M of the Act, as they apply to the Issuer; and

  • (ii) section 674 of the Act, as it applies to Issuer, and

• (d) as at the date of this notice, there is no information that is ‘excluded information’ within the meanings of sections 708A(7) and 708A(8) of the Act.

Kar Chua Company Secretary

For and on behalf of GATEWAY MINING LIMITED