ORBMINCO LIMITED — Board/Management Information 2017

Dec 3, 2017

AusROC Metals Ltd

4 December 2017

Ausroc Metals Limited (ACN 073 155 781) (ASX:ARK)

ASX Announcement

Effectuation of the Deed of Company Arrangement and appointment of officers

The Company refers to its previous ASX Announcement dated 29 November 2017.

The Company is now pleased to advise that the Deed of Company Arrangement was fully effectuated on 4 December 2017. The Company has now exited external administration and control of the Company has passed to the directors of the Company.

New Board of Directors and Company Secretary

With effect on and from effectuation of the Deed of Company Arrangement:

• (a) the Deed Administrators removed Mr Ben Mead as director and appointed:

  • (i) Mr Gerard Anderson as executive director;

  • (ii) Mr Neville Martin as non-executive director;

  • (iii) Mr David Lindh as non-executive director;

  • (iv) Mr Donald Triggs as executive director; and

  • (v) Mr Joe Fekete as non-executive director.

The new Board of Directors have since resolved to:

• (a) pursuant to clause 7.1 of the Company’s Constitution, appoint Mr Gerard Anderson as managing Director of the Company; and

• (b) pursuant to clause 7.2 of the Company’s Constitution, remove Mr Mead as Company Secretary and appointed Mr Jonathan Lindh as Company Secretary.

The Company is working towards completing the acquisition of Woomera Exploration Limited (subject to shareholder approval) and seeking re-instatement of its shares to trading. The Board will continue to update shareholders on its progress.

Company Secretary Ausroc Metals Limited

Jonathan Lindh