GOLD MOUNTAIN LIMITED — Capital/Financing Update 2014

Aug 3, 2014

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(ABN 79 115 845 942)

Suite 2501 Level 25 31 Market Street Sydney NSW 2000 Tel: 02 9258 9906

1 August 2014

Australian Securities Exchange 20 Bridge Street Sydney NSW 2000

Electronic Lodgement

Dear Sir

“Cleansing Statement”

Notification Pursuant to Section 708A(5) of the Corporations Act 2001

This notice is given by Commissioners Gold Limited (“ CGU or Company ”) under section 708A(5)(e) of the Corporations Act 2001 (Cth) (“ the Act ”).

CGU advises that it has today issued 13,000,000 ordinary shares (“ Shares ”) by way of placement of shares with sophisticated investors.

CGU gives notice under section 708A(5)(e) of the Act that:

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

• b) As at the date of this notice, CGU has complied with the provisions of Chapter 2M as they apply to CGU, and section 674 of the Act; and

• c) As at the date of this notice, there is no information that is ‘excluded information’ within the meaning of the sections 708A(7) and 708A(8) of the Act which is required to be disclosed by CGU under section 708A(6)(e) of the Act.

For and on behalf of the Board

Eric Kam Company Secretary (M) 0403 551 819