ORA BANDA MINING LTD — Capital/Financing Update 2018

Aug 7, 2018

8 August 2018

Mr Ben Secrett Senior Advisor Listings Compliance (Perth) ASX Compliance Pty Ltd Level 40, Central Park 152-158 St George’s Terrace PERTH WA 6000

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Via Email: tradinghaltsperth@asx.com.au

Dear Ben,

EASTERN GOLDFIELDS LIMITED (ASX: EGS) - REQUEST FOR EXTENSION OF VOLUNTARY SUSPENSION

Pursuant to ASX Listing Rule 17.2, Eastern Goldfields Limited (“Company”) requests a continuation of the voluntary suspension of the Company’s securities.

In accordance with ASX Listing Rule 17.2, the Company provides the following information:

1. Reason for suspension – The Company requests a continuation of the voluntary suspension in its securities so that the Company can continue its efforts to finalise a capital raising.

2. Duration of the suspension – the Company anticipates that the voluntary suspension will remain in place until the earlier of such time as it makes an announcement to the market in relation to a capital raising, which it expects to make on or before market open, Wednesday 22 August 2018.

3. Termination of the suspension – the Company anticipates that the voluntary suspension will cease upon it making an announcement in relation to a capital raising.

4. No reason – the Company is not aware of any reason why the voluntary suspension should not be granted.

5. Other information – the Company is not aware of any other information to inform the market about the voluntary suspension.

Yours sincerely,

Brendon Morton

Company Secretary

EASTERN GOLDFIELDS LIMITED | www.easterngoldfields.com.au | ASX:EGS 24 MUMFORD PLACE BALCATTA WA 6021 T: +61 8 6241 1866 | F: +61 8 6241 1811 | ABN: 69 100 038 266