PATRONUS RESOURCES LIMITED — Capital/Financing Update 2017

Jul 27, 2017

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A.C.N: 150 597 541
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28 JULY 2017
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Board of Directors

Trevor Dixon Non Executive Chairman

Don Harper Managing Director

NOTIFICATION OF EXPIRY OF UNLISTED OPTIONS

Kin Mining NL (ASX: KIN ) advises that the attached letter has been sent to holders of Kin Unlisted Options exercisable at $0.20 on or before 31 August 2017, as notification of the expiry of their options on 31 August 2017.

David Sproule Non‐Executive Director

Joe Graziano Non‐Executive Director/ Company Secretary

Yours Sincerely

Contact Details

Post

Joe Graziano Company Secretary

PO Box 565 Mount Hawthorn Western Australia 6915

Office

342 Scarborough Beach Road Osborne Park Western Australia 6017

Phone

08 9242 2227

Email

info@kinmining.com.au

Website

www.kinmining.com.au

For further information, please contact:

Shares on Issue: 162,219,684

Unlisted Options : 28,342,250

Don Harper Paul Armstrong/Nicholas Read Managing Director Read Corporate Kin Mining NL +61 (0) 8 9388 1474 +61 8 9242 2227

ASX: KIN

342 Scarborough Beach Road, Osborne Park WA 6017 PO Box 565, Mt Hawthorn 6915 Tel: 08 9242 2227 ACN: 150 597 541 ABN: 30 15 0597 541 www.kinmining.com.au | info@kinmining.com.au

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28 July 2017

Dear Option Holder

NOTIFICATION OF EXPIRY OF UNLISTED OPTIONS

At the date of this notice you are the registered holder of Unlisted Options in Kin Mining NL which are due to expire on Thursday, 31 August 2017. Your options will expire unless exercised on or before that date. It is therefore important that you carefully read the following information and if necessary seek independent financial advice.

Expiry Date

Your options expire WST 5:00pm on Thursday, 31 August 2017.

Number of Options held and the amount due on exercise

The number of options held at the date of this notice and the amount due on any exercise of options is shown on the attached Notice of Exercise of Unlisted Options Form.

Exercise Price and Payment

The exercise price of the Options is $0.20 per Option. One fully paid ordinary share in Kin Mining NL will be issued for each Option exercised. You may exercise your Options by payment of the amount due on exercise either by cheque or electronic transfer.

Cheques in Australian currency equivalent to the amount due on exercise should be made payable to Kin Mining NL and crossed “Not Negotiable”. Your cheque, together with completed and signed Notice of Exercise of Unlisted Options Form should be lodged with the Company or Advanced Share Registry Services:

by hand by post by electronic transfer 342 Scarborough Beach Rd PO Box 1156 Account Name : Kin Mining NL Osborne Park WA 6017 Nedlands WA 6909 BSB : 086 270 Account # :14543361 Ref : name of OptionHolder Email remittance advice and Notice of Exercise of Unlisted Options Form to info@kinmining.com.au

by no later than close of business WST 5:00pm on Thursday, 31 August 2017. Any enquiries should be directed to the Company on 08 9242 2227 (within Australia) or +61 8 9242 2227 (outside Australia).

Consequence of Non-Payment

Options not exercised by Thursday, 31 August 2017 will expire with no value and no further entitlement will exist.

Share Prices

The latest available market sale price on the Australian Securities Exchange Limited before the date of this notice for fully paid ordinary shares in Kin Mining NL (ASX: KIN) being the underlying securities to which the Options relate to was $0.33 on 27 July 2017.

The highest and lowest market price for KIN during the three months immediately before the date of this notice were as follows:

Highest Price $0.45 on 12 May 2017 Lowest Price $0.27 on 13 July 2017

Yours Faithfully

Joe Graziano

Company Secretary

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