GREENWING RESOURCES LTD — Capital/Financing Update 2018

May 6, 2018

ASX ANNOUNCEMENT 7 MAY 2018

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7 May 2018

The Manager Company Announcements Australian Securities Exchange 20 Bridge Street Sydney NSW 2000

Cleansing notice under s708A of the Corporations Act, 2001 (Cth)

Bass Metals Limited ( Company ) confirms the issue of a total of 102,418,020 fully paid ordinary shares ( Shares ) issued on conversion of listed options exercisable at $0.025 expiring on or before 31 December 2018.

An Appendix 3B has been lodged in respect of the issue of these Shares.

Notice under section 708A(5)(e) of the Corporations Act

The Corporations Act restricts the on sale of securities issued without disclosure, unless the sale is exempt under section 708 or 708A of the Corporations Act. By giving this notice, a sale of the Shares referred to above will fall within the exemption in section 708A(5) of the Corporations Act.

Pursuant to section 708(5)(e) of the Corporations Act, the Company gives notice that:

• (a) the Company issued the Shares without disclosure under Part 6D.2 of the Corporations Act; and

• (b) as at the date of this notice, the Company has complied with

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

  • (ii) section 674; and

• (c) as at the date of this notice, there is no information:

  • (i) that has been excluded from a continuous disclosure notice in accordance with the ASX Listing Rules to whom that notice is required to be given; and

  • (ii) that investors and their professional advisers would reasonably require for the purpose of making an informed assessment of:

    • A. the assets and liabilities, financial position and performance, profits and losses and prospects of the Company; or

BASS METALS LTD. (ASX: BSM)

Email: admin@bassmetals.com.au Phone: (07) 3221 0783 Post: PO Box 1048, Subiaco WA 6904 Web: www.bassmetals.com.au

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ASX ANNOUNCEMENT 7 MAY 2018

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• B. the rights and liabilities attaching to the Shares.

Yours faithfully

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David Round Company Secretary

BASS METALS LTD. (ASX: BSM) Email: admin@bassmetals.com.au Phone: (07) 3221 0783 Post: PO Box 1048, Subiaco WA 6904 Web: www.bassmetals.com.au

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