PATRONUS RESOURCES LIMITED — Board/Management Information 2018

Feb 27, 2018

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ASX Code: KIN
28 February 2018
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Board of Directors

Jeremy Kirkwood

FURTHER RESTRUCTURE OF KIN BOARD

Chairman

Trevor Dixon

Managing Director

Joe Graziano

Non-Executive Director & Company Secretary

Brian Dawes

Non-Executive Director

Contact Details

Kin Mining NL (ASX: KIN) is pleased to announce the appointment of Mr Jeremy David Kirkwood to its Board as Independent Non-Executive Chairman. The current Chairman, Mr Trevor John Dixon, will become interim Managing Director, at the request of the Board, while the Company undertakes a process to appoint a suitably qualified applicant for the role of Managing Director. Thereafter, Mr Dixon will remain on the Board as a Non-Executive Director.

The appointment of Mr Kirkwood further strengthens the Board on its path to production.

Mr Kirkwood has extensive experience in corporate strategy, investment banking and global capital markets, and will provide invaluable strategic input and guidance to the Company’s board and management team.

Post

PO Box 565 Mount Hawthorn Western Australia 6915

Office

342 Scarborough Beach Road Osborne Park Western Australia 6017

Mr Kirkwood is a principal of Pilot Advisory Group and is the current non-executive chairman of Talisman Mining Ltd and was previously a managing director at Credit Suisse, Morgan Stanley and Austock. He has primarily worked in public markets, undertaking mergers and acquisitions and capital raisings for companies principally in the metals and mining, energy and infrastructure sectors. He also serves as a Director of ASX listed Zenitas Ltd (formerly BGD Corporation) and is the current chairman of Geelong Grammar School, a Trustee of The RE Ross Trust and a Director of Independent Schools Victoria.

Phone

08 9242 2227

Fax

08 9242 1277

Email

info@kinmining.com.au

Website

www.kinmining.com.au

Upon his appointment, Mr Kirkwood said “I am pleased to join the Kin Board and honoured to be appointed Chairman by my colleagues. I believe the company has an exciting future with excellent assets, a near term, strongly cash generative project and strong growth prospects. The Board’s immediate focus is to develop the Leonora Gold Project, appoint a new Managing Director and generate shareholder value.”

Kin’s outgoing Chairman, Trevor Dixon, said: “We are very excited to welcome Jeremy to our Board. He brings critical expertise in relation to strategy, investment banking and global capital markets. His contribution will be invaluable as we continue to develop the Leonora Gold Project to production and cashflow.”

Shares on Issue:

221,347,198 Unlisted Options : 37,335,750

Furthermore, the Board advises that Mr David Sproule has resigned as a Director effective immediately. The Board thanks him for his service to the Company.

-ENDS-

ASX: KIN

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For further information, please contact:

Trevor Dixon Joe Graziano Managing Director Company Secretary Kin Mining NL Kin Mining NL +61 8 9242 2227 +61 8 9242 2227

About Kin Mining

Kin Mining (ASX: KIN) is an emerging gold development company with a significant tenement portfolio in the highly prospective North-Eastern Goldfields region of Western Australia. The Company has completed its Definitive Feasibility Study on the Leonora Gold Project forecasting an average production rate of 55,000oz[1] pa. The Company has also upgraded its resources to 1.02Moz[2] and released its Maiden Ore Reserve of 373,000oz[1] . Kin is seeking to increase shareholder value through continued aggressive exploration on its tenements and achieving gold production in the second half of 2018.

1The 2 October 2017 DFS included the proposed 3.75% West Australian Government Gold Tax. This proposal has since been rejected with the revised AISC now A$1,018/oz. The Company confirms that it is not aware of any new information or data that materially affects the information included in the ASX announcement of 2 October 2017 “Feasibility confirms a high margin gold mine for Kin at its Leonora Gold Project”, and that all material assumptions and technical parameters underpinning the estimates in that announcement continue to apply and have not materially changed. For Reference see ASX Announcement 2/10/2017 Feasibility confirms a high margin gold mine for Kin at its Leonora Gold Project

2The Company confirms that it is not aware of any new information or data that materially affects the information included in the ASX Announcement of 30 August 2017 “Kin Defines +1 Million ounces of Gold at the Leonora Gold Project”, and that all material assumptions and technical parameters underpinning the estimates in that announcement continue to apply and have not materially changed.