ORBMINCO LIMITED — Capital/Financing Update 2019

Oct 3, 2019

Woomera Mining Limited

Suite 116, 147 Pirie Street Adelaide SA 5000 admin@WoomeraMining.com.au www.WoomeraMining.com.au

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4 October 2019

ASX Announcement

ALLOTMENT OF SHORTFALL SECURITIES

Woomera Mining Limited (ACN 073 155 781) (ASX: WML) ( WML or the Company ) refers to its ASX Announcement of 19 September 2019 ( Announcement ) regarding the placement of shortfall shares following its 1 for 1.2 non-underwritten, pro-rata, non-renounceable rights offer to Eligible Shareholders (as detailed in the prospectus lodged with ASIC and the ASX on 13 August 2019) ( Offer ).

The Company is pleased to confirm that 7,000,000 shares (and 3,500,000 attaching quoted options (ASX: WMLOA)) were allotted on 4 October 2019 at an issue price of $0.025 to raise an additional $175,000. Following the allotment, the total raised under the Offer is $954,895. The Company advises that since the Announcement, a third party failed to settle on the issue of 1,000,000 shares amounting to $25,000 and consequently, a lesser number of shares have been placed at this stage.

As disclosed in the Offer document, the Directors of the Company have reserved the right to place any of the remaining shortfall shares at the same price of A$0.025 per share and the Company is continuing its discussions with those parties who expressed interest.

The Company intends on prioritising the funds raised under the Offer along with its existing cash reserves on its key focus, the Mt Venn Gold Project.

For further information please contact:

Contact

Gerard Anderson Peter Taylor Managing Director Investor Relations Woomera Mining Limited 0412 036 231 Peter@nwrcommunications.com.au

About Woomera Mining Limited

Woomera Mining Limited (Woomera) is an ASX listed exploration company based in Adelaide, South Australia with an extensive minerals tenement portfolio prospective for Copper, Lithium, Gold, Uranium, Iron Ore, Nickel and Cobalt. The Woomera tenement package includes tenements in the Musgrave Province of South Australia ( Musgrave Alcurra-Tieyon Project ). The Company also has tenements in the Gawler Craton which are considered prospective for IOCGU deposits, Cu-Ni-Co deposits, RE and Precious Metals. Woomera’s tenement portfolio also includes 9 granted tenements and 3 tenement applications in Western Australia including 2 tenements and 1 tenement application in the Pilbara region of WA ( Pilgangoora Lithium Project) , 3 lithium tenements near Ravensthorpe ( Mt Cattlin Lithium Project), 1 lithium tenement and 1 tenement application at Binnerengie near Lake Cowan and several WA lithium brine prospects over Lakes Tay, Sharpe, Dundas and Dumbleyung ( Lakes Lithium Projects ).