MINERAL COMMODITIES LTD — Board/Management Information 2018

Apr 22, 2018

MINERAL COMMODITIES LTD ABN 39 008 478 653 Email: info@mncom.com.au Web: www.mncom.com.au

23 April 2018

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Australian Securities Exchange Company Announcements Office

NOTICES UNDER SECTION 249D OF THE CORPORATIONS ACT

Mineral Commodities Ltd (ASX: MRC) (“MRC” or “the Company”) advises that on 19 April 2018 it received correspondence from Au Mining Limited (“Au Mining”), a substantial shareholder, noting the following:

• Au Mining wish to nominate Messrs. David Baker and Michael Gibson (“Nominated Directors”) to be elected as Directors of MRC in accordance with clause 35(h)(4) of MRC’s constitution (“Constitution”);

• Au Mining request that MRC include resolutions for the appointment of the Nominated Directors in the notice to shareholders (“Notice of AGM”) to be issued for the upcoming annual general meeting (“AGM”); and

• if MRC does not consider it is required to include resolutions for the appointment of the Nominated Directors in the Notice of AGM, pursuant to section 249D of the Corporations Act 2001 (Cth), Au Mining request that the Directors of MRC call and arrange to hold a general meeting for the purpose of considering the appointment of the Nominated Directors (“249D Notice”).

The Company has advised that the nomination from Au Mining on 19 April 2018 was not received in accordance with the Constitution and MRC is therefore not required to include resolutions for the appointment of the Nominated Directors in the Notice of AGM.

Under section 249D of the Corporations Act, directors must call and arrange to hold a general meeting on the request of members with at least 5% of the votes that may be cast at the general meeting. Directors must call the meeting within 21 days after the request is given and the meeting is to be held not later than 2 months after the notice of request has been received.

The Company confirms receipt of the 249D Notice and will now undertake the necessary steps to convene a general meeting in compliance with the Corporations Act. The proposed date of the meeting will be announced to ASX and a notice of general meeting including details of the meeting and an explanatory memorandum will be circulated in due course.

For and on behalf of the Board.

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Peter Torre Director/Company Secretary

39 – 43 Murray Road North WELSHPOOL Western Australia 6106 PO Box 235 WELSHPOOL DC WA 6986

Telephone: +61 8 6253 1100 Fax: +61 8 9258 3601 Email: info@mncom.com.au

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