KINGSTON RESOURCES LIMITED — AGM Information 2017

Nov 28, 2017

KINGSTON RESOURCES LIMITED

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ASX Announcement

29 November 2017

Chairman’s Address to Shareholders

ASX Code: KSN

Share Price: A$0.02 Shares Outstanding: 992,957,093 Market Capitalisation: A$19.9 Cash: A$3.1m (30 September, 2017)

ACN 009 148 529

KSN Stakeholders,

There has been much to absorb and interpret from our ASX announcements over the past few months; this AGM provides the opportunity for the Board and management to give perspective to where we see KSN positioned.

Board and Management

Anthony Wehby Chairman

Andrew Corbett Managing Directo r

Andrew Paterson Chief Geological Officer

Stuart Rechner Non-Executive Director

Chris Drew Business and Commercial Manager

Completion of arrangements leading to operational control of the Misima Island Gold project, and the right to earn up to 70% in the near future creates an exciting new dimension for KSN. The geography, geology, history and statistics of the Project present a compelling investment case, which we intend to pursue with vigour. Significant steps have already been taken to prioritise the tasks and opportunities ahead of us and we foresee an extremely active year realising the promises of this great project.

Following the successful exploration program conducted during the 12-month option period, we were also pleased to confirm the exercise of our option to acquire 75% of the Livingstone Gold project in WA. Livingstone is a highly prospective project which we plan to enhance with a drilling program on the priority targets in the coming months.

It is only 18 months since KSN was recapitalized, along with the acquisition of a suite of lithium exploration targets in WA and NT; since then we have spent considerable funds testing the most attractive of those targets. While generally the results have been encouraging, they have also been indicative of the need for significantly more work to distinguish our projects in a crowded exploration market. We remain confident that our lithium exploration assets constitute an attractive portfolio for further exploration and we are following both exploration work and corporate activity around our leases with particular interest.

On behalf of the Board I take this opportunity to welcome new shareholders who have joined the Company as a result of the merger with WCB and to thank all shareholders for their support and participation during the year. I note with thanks the overwhelming support shown in the proxy votes for the Resolutions being put to the AGM.

Finally, I express my thanks to all staff and directors for your enthusiasm and commitment to the interests of KSN during the year. I know we all look forward to a successful 2018.

Contact Details

205/283 Alfred Street North, North Sydney, NSW 2060 +61 2 8021 7492

info@kingstonresources.com.au www.kingstonresources.com.au

Yours sincerely

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Anthony S Wehby Chairman

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