LITHIUM UNIVERSE LIMITED — Board/Management Information 2014

Mar 10, 2014

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11 March 2014, PERTH

John Hancock appointed Director

Key Points

• » Volta Mining appoints John Hancock to its board in the capacity of non-executive Director

• » Mr Hancock to receive a share and option package (subject to shareholder approval) in lieu of salary

• » Drilling at Hancock Ranges Iron Ore Project (ref Figure 2) anticipated to commence in April 2014

Emerging iron ore company Volta Mining Limited (“Volta Mining” or the “Company”) (ASX: VTM) is pleased to announce the appointment of Mr John Hancock to its board.

Subject to shareholder approval anticipated to be obtained at the Company’s AGM in May 2014, Mr Hancock will receive a share and option package in lieu of a cash salary to comprise:

• » 20 million unlisted options exercisable at A$0.15 cents expiring 12 months after issue;

• » 20 million unlisted options exercisable at A$0.25 cents expiring 24 months after issue; and

• » 2 million fully paid shares, with 1 million vesting on granting and 1 million vesting 12 months from date of granting

John Hancock has over 20 years’ combined experience in the resources industry (iron ore), financial markets, public relations, litigation and capital raising.

During the course of his career, John has gained operational and managerial experience at Iscor Iron Ore (South Africa), Rio Tinto Iron Ore, and Hancock Prospecting Pty Ltd (Director).

During his tenure with Hancock Prospecting Pty Ltd, Mr Hancock introduced the Hope Downs Iron Ore Project located in the Pilbara region of Australia to the world stage at the Global Iron Ore and Steel Conference held in Berlin in 1997. He was also involved in Joint Venture discussions between Hancock Prospecting and its original Joint Venture partner in the Hope Downs Iron Ore Project - Iscor Mining of South Africa (later acquired by Anglo American).

Upon formation of the Hope Downs Joint Venture, Mr Hancock was seconded for two years to Iscor’s Sishen Iron Ore mine and Vanderbijlpark steel works where he gained operational and further marketing experience, including a Blast Furnace Operator certificate.

Mr Hancock holds a Master of Business Administration from the University of Notre Dame Australia and post graduate qualifications from the Financial Services Institute of Australia in Applied Finance and Investment.

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Volta Mining Limited ASX VTM

ASX Announcement 11 March 2014

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Commenting on the appointment, Managing Director of Volta Mining, Mr David Sumich, said, “The Volta Mining team are delighted to welcome Mr Hancock to the board of Volta Mining, given John’s lifetime of exposure to the Australian iron ore mining industry, and his considerable experience and skills in financial markets are invaluable.”

He added, “John’s appointment will provide strong leadership and direction to Volta Mining in the iron ore space, as well as access to a wide investor base in both Australia and Asia, better enabling us to advance our projects to create real value for our shareholders.”

Mr Hancock commented, “Exploration companies and the junior sector are vital to the future of Australia’s resource industry. As my grandfather said, ‘Minerals are not like crops of wheat or wool that grow every year. You have got to find more each year if Australia’s living standards are to continue.’ Volta Mining holds interesting ground in the heart of the Pilbara, next door to a Hancock Prospecting tenement and less than 10kms from the Hope Downs Iron Ore Project. It is also contiguous to ground held by Fortescue Metals Group and BHP Billiton.“

“I look forward to increasing my role with the company as it develops.”

Exploration Update – Hancock Ranges Iron Ore Project

Stage 1 drilling is anticipated to commence at the Hancock Ranges Iron Ore Project – Sirius Extension Prospect, in April 2014.

The objective of the drilling programme is to test the trend of hematite mineralisation into the Sirius Extension Prospect.

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Figure 1 – Hancock Ranges Iron Ore Project – Sirius Extension Prospect

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Volta Mining Limited ASX VTM

ASX Announcement 11 March 2014

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Figure 2 – Hancock Ranges Iron Ore Project – Location Map

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Volta Mining Limited ASX VTM

ASX Announcement 11 March 2014

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-ENDS-

For further information please contact:

Company Contacts:

David Sumich George Lazarou Managing Director Company Secretary T +61 8 9223 2294 T +61 8 6436 1801 E david.sumich@voltamining.com.au E glazarou@citadelcapital.com.au

About Volta Mining Limited

Volta Mining Limited (ASX: VTM) is an emerging iron ore company based in Perth, Australia with current interests in the acquisition, exploration and development of iron ore assets in Australia and Gabon.

Volta’s immediate growth strategy is to actively explore at the Hancock Ranges Iron Ore Project and the recently acquired Hamersley Ranges Iron Ore Project. In addition, Volta is considering acquisition opportunities, which fit within the company’s vision to become a leading iron ore company.

Volta Mining listed on the ASX on 19 October 2011.

For more information please visit: www.voltamining.com.au

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