PATRONUS RESOURCES LIMITED — Share Issue/Capital Change 2016

Nov 20, 2016

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ISSUE OF SHARES AND OPTIONS

Kin Mining NL (ASX: KIN ‘the Company’) is pleased to advise that, it has entered into a consultancy agreement with Intuitive Pty Ltd, for the purpose of assisting the Board with its strategy for introducing and finalising new investment opportunities ( Intuitive Consultancy Agreement ).

The Company, with the consideration of its upcoming cash commitments, considered it most appropriate to incorporate an equity element to further incentivise Intuitive Pty Ltd’s performance as part of the Intuitive Consultancy Agreement.

The Intuitive Consultancy Agreement, under Listing Rule 7.1, provides for the issue of up to 400,000 Ordinary Shares ( Intuitive Consultancy Shares ), and 400,000 Unlisted Options ( Intuitive Consultancy Options ) to be issued to Intuitive Pty Ltd and/or its Nominees upon reaching certain performance milestones.

The Company will issue 100,000 Intuitive Consultancy Shares and 100,000 Intuitive Consultancy Options at each of the following milestones:

1. Upon commencement of the Intuitive Consultancy Agreement;

2. When the share price reaches $0.50;

3. When the share price reaches $0.75; and

4. When the share price reaches $1.00.

The Intuitive Consultancy Shares will be issued for nil consideration. The Intuitive Consultancy Options will be issued for nil consideration with the terms of the options being 2 years, exercisable at a 34% premium to 5 day VWAP prior to issue.

The Company is further pleased to advise that, it has entered in a purchase agreement with Classic Information Systems Pty Ltd ( Purchase Agreement) for the purchase and support of the Classic Mining ERP solution which is tailored for mining and exploration industry. The Purchase Agreement will be settled via the issue of 201,695 Ordinary Shares ( Classic Shares ), to Classic Information Systems Pty Ltd and or its Nominees, under Listing Rule 7.1. The purpose of the Classic Mining ERP solution is to give the Company the ability to further improve its tenement management processes and provide a system that can be used as the Company grows, as well as catering for construction and operational activity. The Classic Shares will be issued for $0.2479, being the five day VWAP, per share totaling $50,000.

For further information, please contact:

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

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About Kin Mining NL

Kin Mining (ASX: KIN) is an emerging gold development company with a significant tenement portfolio in the Eastern Goldfields of Western Australia. Through exploration success and selective acquisition, the Company aims to become a profitable, high-margin Australian gold producer. The immediate focus of the Company is completing an updated pre-feasibility study at its flagship Leonora Gold Project (100%), containing a JORC resource of 722koz, by the end of the calendar year.

Kin’s exploration is targeting near-mine and prospects within the transport corridor linking further discovery to a proposed independent processing plant located at the Leonora Gold Project. Kin aims to fund its regional exploration at its extensive and highly prospective project portfolio with an ongoing focus of limiting dilution.

Directors:

Terry Grammer Trevor Dixon Fritz Fitton Joe Graziano Chairman Executive Director Technical Director Non-Exec Director & Co. Sec.

Contact:

Office

Post

Level 1, 342 Scarborough Beach Road PO Box 565 Osborne Park, Western Australia 6017 Mt Hawthorn, Western Australia 6915 T: 08 9242 2227 E : info@kinmining.com.au ACN: 150 597 541

Web: www.kinmining.com.au

Shares on Issue: 114,045,309 Unlisted Options: 13,460,000