KINGSROSE MINING LIMITED — Capital/Financing Update 2016

Aug 11, 2016

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ASX Announcement 12 August 2016

EXPIRY OF UNLISTED OPTIONS (ASX: KRMAZ)

The Company wishes to advise that 500,000 Options ($0.44, 11 August 2016) have lapsed without exercise.

The capital structure of the Company following the expiry of these unquoted securities is as follows:

Quoted Securities

412,403,216 Ordinary Fully Paid Shares (ASX: KRM).

Unquoted Securities

Number	Instrument	ASX Code	Exercise Price	Expiry Date
3,000,000	Employee Options	KRMAK	$0.55	13 Jan 2017
4,800,000	Employee Options	KRMAK	$0.26	18 Nov 2018
3,000,000	Employee Options	KRMAK	$0.27	8 Mar 2019
416,413	Share Performance Rights	KRMAJ		30 June 2017

-ENDS-

For further information please contact:

Joanna Kiernan, Company Secretary +61 8 9486 1149 joanna@kingsrosemining.com.au

months which has yielded early stage success with gold veins identified undercover and encouraging results from a recent orientation drilling program