PATRONUS RESOURCES LIMITED — Capital/Financing Update 2016

Jul 28, 2016

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ASX Code: KIN

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----- Start of picture text ----- 29 [th] JULY 2016----- End of picture text -----

Board of Directors

46,614,690 (KIN) 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

Phone

08 9242 2227

Fax 08 9242 1277

Email info@kinmining.com.au

Website

KIN MINING UPDATE

Kin Mining NL (ASX: KIN ) is pleased to announce the following update to the market.

Mining and Production at Lewis Trial Mining

The trial mining excavation at the Stage 1 East Pit at Lewis within the Cardinia Project Area has now been completed (see Figure 1).

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Figure 1: Extracting Remaining Ore at the Final Bench within Lewis Stage 1 East Pit

The Company has executed a Toll Milling Agreement with Golden Mile Milling’s Lakewood Treatment Plant to process a parcel of ore totaling approximately 15,000 tonnes. Furthermore, the Company has executed a Cartage Agreement with MLG Oz Pty Ltd to Load and Haul to the processing facility. First ore is likely to be processed within the coming weeks. All costs associated with the Load, Haul and Processing will be met from production revenue generated from gold sales during the period.

www.kinmining.com.au

Shares on Issue: 90,482,891

Unlisted Options: 13,955,000

ASX: KIN

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

Extension of Loan – Mr Fritz Fitton

Kin is very pleased to announce that the $1 million loan provided by Mr Fritz Fitton, the company’s Technical Director, to assist with the acquisition of the Leonora Gold Project in October 2014 will be extended for a further 12 month term commencing on the 24[th] October 2016 on the same terms and interest rate as previously announced.

Yours Faithfully

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Joe Graziano Company Secretary