IONDRIVE LIMITED — Share Issue/Capital Change 2018

Aug 21, 2018

==> picture [596 x 96] intentionally omitted <==

21 August 2018

The Manager Company Announcements Office ASX Limited

NOTICE UNDER SECTION 708A

This notice is given by Southern Gold Limited (“SAU” or the “Company”) (ASX: SAU), under section 708A of the Corporations Act 2001 (Cth) (the Act).

The Company gives notice that, on 20 August 2018, it issued 647,668 fully paid ordinary shares in the Company (refer ASX announcement 20 August 2018 and Appendix 3B on 20 August 2018), without disclosure to investors under Part 6D.2 of the Act.

This notice is given under section 708A(5)(e) of the Act and accordingly as at the date of this notice:

1. the Company has complied with:

• (a) the provisions of Chapter 2M of the Act as they apply to the Company;

• (b) section 674 of the Act;

1. there is no information which is "excluded information" within the meaning of sections 708A(7) and 708A(8) of the Act which is required to be disclosed by the Company under section 708A(6)(e) of the Act.

………………………….. Dan Hill Company Secretary

Level 1 PO Box 255 email info@southerngold.com.au 8 Beulah Road Kent Town web southerngold.com.au Norwood SA 5067 SA 5071

Southern Gold Limited ABN 30 107 424 519

telephone 08 8368 8888 facsimile 08 8431 5619