PATRONUS RESOURCES LIMITED — Board/Management Information 2016

Jul 3, 2016

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ASX Code: KIN

Board of Directors

KIN APPOINTS NEW CEO

Terry Grammer Chairman

Trevor Dixon Managing Director

Fritz Fitton Technical Director

Joe Graziano Non-Executive Director & Company Secretary

Contact Details

Post

PO Box 565 Mount Hawthorn Western Australia 6915

Office

342 Scarborough Beach Road Osborne Park Western Australia 6017

Kin Mining NL (ASX: KIN) is pleased to announce the appointment of Mr Don Harper as its new CEO commencing early August 2016.

Don is a qualified mining engineer with more than 25 years’ industry experience with a strong trackrecord of project management and taking resource projects from pre-feasibility stage into production.

Don is currently Chief Operating Officer of Sumatra Copper & Gold plc (ASX: SUM) and has held this position since January 2013. He has been instrumental in taking the Tembang gold & silver Project from feasibility, through to bullion production.

Prior to Sumatra, Don was also Chief Operating Officer for two ASX listed gold companies. Don has also been involved in developing mining operations in South Africa and Zambia. He has held several senior management roles both in underground and open pit operations.

Between 2003 and 2008 he was Managing Director of ASX-listed nickel & copper producer Fox Resources where he brought the Radio Hill Nickel/Copper mine from feasibility into full production. He was instrumental in taking Fox from a market capitalisation of $30M to in excess of $300M.

Don brings with him a strong combination of mine development, operational and corporate experience. Don holds a Bachelor of Engineering (Mining Engineering), from the West Australian School of Mines Kalgoorlie and is the holder of a Western Australian, First Class Mine Managers Certificate of Competency.

Kin’s Managing Director, Trevor Dixon said:

Phone

08 9242 2227

Fax

08 9242 1277

Email

info@kinmining.com.au

“The Board of Kin is delighted to have Don join the management team. He is a proven CEO with a great track record of delivering effective outcomes for his companies. The Board believes his leadership skills, strong mining background, and his deep knowledge of the mining industry in Australia will be beneficial in delivering Kin’s future strategy. I look forward to working alongside Don as an executive director of the company.”

Key terms of Mr Harper’s Executive Service Agreement are attached.

Website

www.kinmining.com.au

Shares on Issue: 89,512,891 46,614,690 (KIN)

Unlisted Options: 14,925,000

Yours Faithfully

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Joe Graziano Company Secretary

ASX: KIN

KIN Mining NL ACN 150 597 541 342 Scarborough Beach Road, Osborne Park WA 6017 www.kinmining.com.au

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CHIEF EXECUTIVE OFFICER – EMPLOYMENT TERMS

Name:	Mr Donovan Paul Harper
Position:	Chief Executive Officer
Start Date:	August 2016 or at the earliest opportunity
Term:	No fixed term
Remuneration –
Base Salary:	$270,000 exclusive of Superannuation, reviewed annually
Remuneration –
Short Term Incentives:	$100,000 Cash and $200,000 of Performance
	Rights in two tranches as follows:
Tranche 1:	Upon achievement of the Definitive Feasibility Study (DFS) life-of-mine production and the
	decision to mine;
Tranche 2:	Upon achievement of certain life-of-mine production and cost targets
	over a continuous 4 week period to be determined and finalised.

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