JAMESON RESOURCES LIMITED — Capital/Financing Update 2015

Aug 6, 2015

7 AUGUST 2015

Fast Facts ASX: JAL

Jameson Bolsters Cash Balance With CAD $608,220 Tax Refund

S hareP riceR ange(6mths) $0.04 -$0.08 S haresonIssue 208,565,619 O ptions($0.16-$0.20) 16,300,000 M arketCapitalisation ~$9M Major Shareholders (as at July 30, 2015) M acquarieM etals& Energy 9.6% ZeroN omineesP tyL td 9.4%

Directors & Management

Highlights

• An exploration tax credit of CAD $608,220 has been received from the government of Canada.

• These funds are a result of the exploration monies expended by Jameson on the Crown Mountain and Dunlevy projects during the 2014 tax year.

• Funds received will be used to continue advancing the Crown Mountain Environmental Assessment and for general corporate purposes.

ArtP alm (Chairman& CEO ) JeffBennett(N onExecutiveDirector) S tevevanBarneveld(N onExecutiveDirector)

Key Projects

Crown Mountain Coking Coal Project ElkValleyCoalField,Canada Multiple Holdings P eaceR iverCoalField,Canada

Investment Highlights

• P ositionedinw orldclassmetallurgical coalfields

• S ignificantdevelopmentexpertiseon boardw ithsuccessfultrackrecord

JamesonR esources(“ Jameson” ,the“ Company” )hasreceivedfrom theCanada R evenue Agency (“ CR A” ) aBritish ColumbiaM ining Exploration T ax Credit (“ BCM ET C” )intheamountofCAD $608,220.

T he refund isbased on qualified exploration/evaluation expensesat the Company’sCrow nM ountainand Dunlevy projectsinBritishColumbia,Canada. Due to the ongoing environmentalassessmentand permitting w orkatCrow n M ountain,Jamesonexpectstoreceivearefundagainnextyear.

Jameson’scashbalanceisnow $2.8million. T heCompanyhasnodebt.

• M odernrailandportfacilities

• S trongfinancialposition

Newsflow / Catalysts

O verview

R eceipt ofthese fundsfurtherstrengthensJameson’sfinancialposition asit continuesto execute the environmentalpermitting processat the flagship Crow nM ountaincokingcoalproject.

Crow nEA w orkgroups Q 3 2015e Crow nP FS enhancements ongoing Crow nenviropermitprogress ongoing

O nBehalfoftheBoardofDirectors,

Contact Details

Overview

Australia

S uite5,62 O rdS treet W estP erth,W A 6005 P +61 (8)9200 4473 F +61 (8)9200 4463 E admin@ jamesonresources.com .au

Art Palm ChiefExecutiveO fficer

Canada

S uite800,1199 W estHastings,Vancouver P +1 (604)629-8605

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www.jamesonresources.com.au

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About Jameson Resources Limited

Jameson R esourcesL imited (AS X :JAL )isajuniorresourcescompany focused on the acquisition,exploration anddevelopmentofstrategiccoalprojectsinw esternCanada. T heCompany hasa90% interestintheCrow n M ountain coalproject,and a100% interest in the P eace R ivercoalprojectslocated in British Columbia. Jameson’stenement portfolio in British Columbiaispositioned in coalfieldsresponsible forthe majority of Canada’smetallurgicalcoalexportsandareallclosetorailw aysconnectingtoexportfacilities.

T olearnmore,pleasecontacttheCompanyat+61 89200 4473,orvisit: www.jamesonresources.com.au

Forward Looking Statements

T hisannouncementcontains“ forw ard-lookingstatements” .S uchforw ard-lookingstatementsinclude,w ithout limitation:estimatesoffutureearnings,thesensitivity ofearningsto commodity pricesand foreignexchange rate movements;estimatesoffuture production and sales;estimatesoffuture cash flow s,the sensitivity of cash flow sto commodity pricesand foreign exchange rate movements; statementsregarding future debt repayments;estimatesoffuturecapitalexpenditures;estimatesofresourcesandstatementsregardingfuture explorationresults;and w heretheCompany expressesorimpliesanexpectationorbeliefastofutureevents orresults,such expectation orbeliefisexpressed in good faith and believed to have areasonable basis. How ever,forw ard lookingstatementsaresubjectto risks,uncertaintiesand otherfactors,w hich could cause actualresultsto differmaterially from futureresultsexpressed,projected orimplied by suchforw ard-looking statements. S uch risksinclude,but are not limited to commodity price volatility,currency fluctuations, increased production costsand variancesin resource orreserve ratesfrom those assumed in the company’s plans,asw ellaspoliticalandoperationalrisksinthecountriesandstatesinw hichw eoperateorsellproduct to,andgovernmentalregulationandjudicialoutcomes. Foramoredetaileddiscussionofsuchrisksandother factors,see the Company’sAnnualR eports,asw ellasthe Company’sotherfilings. T he Company doesnot undertakeany obligationtoreleasepublicly any revisionstoany “ forw ardlookingstatement” toreflectevents orcircumstancesafterthedateofthisrelease,ortoreflecttheoccurrenceofunanticipatedevents,exceptas mayberequiredunderapplicablesecuritieslaw s.

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www.jamesonresources.com.au