ORBMINCO LIMITED — Capital/Financing Update 2019

Sep 18, 2019

Woomera Mining Limited

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

19 September 2019

ASX Announcement

ISSUE OF SHORTFALL SECURITIES PURSUANT TO RIGHTS ISSUE

Further to the announcement dated 18 September 2019, Woomera Mining Limited (ASX: WML) ( Woomera or the Company ) wishes to advise that it has reached agreement to allot the placement of 8,000,000 shortfall shares and 4,000,000 attaching quoted options (ASX Code: WMLOA) (after rounding up) following the 1 for 1.2 non-underwritten, pro-rata, non-renounceable rights offer to Eligible Shareholders ( Rights Issue ) detailed in the Company’s Rights Offer Prospectus dated 13 August 2019.

The 8,000,000 shortfall shares will be issued at an issue price of $0.025 to raise a further $200,000 (before costs), bringing the total capital raised from the Rights Issue to approximately $979,895 and the Company expects settlement of the shortfall shares and attaching quoted options to occur on or about 25 September 2019.

The Directors of the Company have reserved the right to place the balance of the shortfall, being 72,371,917 shares and 36,185,959 quoted options, at the discretion of the Board within three (3) months after the closing of the Rights Issue. The Rights Issue closed on 11 September 2019.

The Company is continuing its discussions with those parties who expressed interest in applying for shortfall shares.

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 Binneringie near Lake Cowan and several WA lithium brine prospects over Dundas and Dumbleyung ( Lakes Lithium Projects ).