PATRONUS RESOURCES LIMITED — Capital/Financing Update 2018

Jun 4, 2018

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Management

INFORMATION REQUIRED UNDER ASX LISTING RULE 3.10.5A

Andrew Munckton Chief Executive Officer

Glenn Grayson Exploration Manager

Further to the Appendix 3B lodged on 5 June 2018 for the issue of 21,909,586 fully paid ordinary shares (“Placement”), Kin Mining NL (ASX: KIN ) (or “the Company ”) hereby provides the following information required under ASX Listing Rule 3.10.5A.

Board of Directors

Jeremy Kirkwood Chairman

Trevor Dixon Executive Director Business Development & Land Tenure

Joe Graziano Non-Executive Director & Company Secretary

(a) The dilutive effect of the Placement on existing shareholders is a follows:

Number of shares on issue prior to the Placement: 221,638,347

Placement issue under ListingRule 7.1(20,081,752 shares) (“7.1 Placement”)	8.24%
Placement issue under ListingRule 7.1A(1,827,834 shares) (“7.1A Placement”)	0.75%
Total dilution as a result of the Placement	8.99%

Brian Dawes Non-Executive Director

Number of shares on issue following the Placement: 243,547,933

Contact Details

Post

PO Box 565

Mount Hawthorn Western Australia 6915

Further details of the approximate percentage of the issued capital following the completion of the Placement held by the pre-Placement shareholders and new shareholders are as follows. Please note that this information relates specifically in relation to the portion of shares issued under Listing Rule 7.1A (1,827,834).

Office

342 Scarborough Beach Road

Osborne Park Western Australia 6017

Phone

08 9242 2227

Email

info@kinmining.com.au

Website

www.kinmining.com.au

Shares on Issue

Pre-issue shareholders who didnot participate in the 7.1A Placement	99.25%
Pre-issue shareholders whodid participate in the 7.1A Placement	0.00%
Participants in the 7.1A Placement who were notpreviouslyshareholders	0.75%

(b) The Company considered the Placement the most efficient and expedient method for raising the funds required to achieve its stated objectives given the funding certainty. The Company also considered that there were significant benefits in introducing Institutional and sophisticated investors to promote a more diverse shareholder base.

(c) An underwriting agreement was in place for the Placement with Euroz Securities Ltd and the Board of Kin agreed to pay a fee of 5% on the funds raised pursuant to the Placement in relation to 21,909,586 shares;

221,638,347

Unlisted Options 37,335,750

For and on behalf of the Board

Joe Graziano Director/Company Secretary

-ENDS-

For further information, please contact:

Investor enquiries

Media enquiries

Andrew Munckton Michael Vaughan Chief Executive Officer, Kin Mining NL Fivemark Partners +61 (0) 8 9242 2227 +61 422 602 720

About Kin Mining NL

Kin Mining NL (ASX: KIN) is a West Australian based gold development and exploration company. Kin’s key focus is its 100% owned Leonora Gold Project (LGP) located in the highly prospective North-Eastern Goldfields region of Western Australia. The LGP has a +1Moz[1] gold Mineral Resource defined in both supergene and deeper primary mineralisation with considerable potential to grow this resource with further drilling.

1The 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.