JAMESON RESOURCES LIMITED — Board/Management Information 2014

Dec 14, 2014

15 DECEMBER 2014

Resignation of Chairman

Fast Facts ASX: JAL

Share Price Range (6mths) $0.08 - $0.18 Shares on issue 203,965,619 Options ($0.16 - $0.20) 16,300,000 Market Capitalisation ~$16M

David Fawcett has announced his resignation as Chairman and non-executive Director effective 31 December.

Major Shareholders (as at December 12, 2014)

Mr. Fawcett joined Jameson Resources in December 2011, concurrent with the acquisition of the Dunlevy and Peace River coal projects. David was a key vendor in bringing those assets into Jameson.

Macquarie Metals & Energy 9.8% Robert J Devereux 5.4%

Directors & Management

David Fawcett (Chairman) Art Palm (Executive Director & CEO) Jeff Bennett (Non Executive Director) Steve van Barneveld (Non Exec Director)

Key Projects

In 2012 Mr. Fawcett was recognized by his peers when he received the AMEBC Coal Award for Excellence in Mine Development for his achievements in the Peace River coal fields.

During his tenure as Chairman, Mr. Fawcett directed the permitting and exploration process for the Dunlevy project, and provided valuable guidance and input during the advancement of the Crown Mountain coking coal project.

Crown Mountain Coking Coal Project Elk Valley Coal Field, Canada Dunlevy Metallurgical Coal Project Peace River Coal Field, Canada

The Company values and appreciates the leadership provided by David Fawcett during his 3-year term as Chairman and wishes him the best in his future endeavors.

Investment Highlights

• Positioned in world class metallurgical coalfields

• Significant development expertise on board with successful track record

• Modern rail and port facilities

• Strong financial position

Art Palm Chief Executive Officer

Newsflow / Catalysts

Crown EA work groups Q1 2015e Crown PFS enhancements Q1 2015e Crown contractor strategy Q1 2015e Crown blending strategy Overview Q1 2015e

Contact Details

Australia

Suite 1, Ground Floor, 83 Havelock Street West Perth, WA 6005 Overview P +61 (8) 9200 4473 F +61 (8) 9200 4463 E admin@jamesonresources.com .au

Canada

S8, 1199 West Hastings, Vancouver P +1 (604) 629-8605

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www.jamesonresources.com.au

About Jameson Resources Limited

Jameson Resources Limited (ASX:JAL) is a junior resources company focused on the acquisition, exploration and development of strategic coal projects in western Canada. The Company has a 90% interest in the Crown Mountain coal project, and a 100% interest in the Peace River coal projects located in British Columbia. Jameson’s tenement portfolio in British Columbia is positioned in coalfields responsible for the majority of Canada’s metallurgical coal exports and are all close to railways connecting to export facilities.

To learn more, please contact the Company at +61 89200 4473, or visit: www.jamesonresources.com.au

Forward Looking Statements

This announcement contains “forward-looking statements”. Such forward-looking statements include, without limitation: estimates of future earnings, the sensitivity of earnings to commodity prices and foreign exchange rate movements; estimates of future production and sales; estimates of future cash flows, the sensitivity of cash flows to commodity prices and foreign exchange rate movements; statements regarding future debt repayments; estimates of future capital expenditures; estimates of resources and statements regarding future exploration results; and where the Company expresses or implies an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. However, forward looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by such forward-looking statements. Such risks include, but are not limited to commodity price volatility, currency fluctuations, increased production costs and variances in resource or reserve rates from those assumed in the company’s plans, as well as political and operational risks in the countries and states in which we operate or sell product to, and governmental regulation and judicial outcomes. For a more detailed discussion of such risks and other factors, see the Company’s Annual Reports, as well as the Company’s other filings. The Company does not undertake any obligation to release publicly any revisions to any “forward looking statement” to reflect events or circumstances after the date of this release, or to reflect the occurrence of unanticipated events, except as may be required under applicable securities laws.

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www.jamesonresources.com.au