PREDICTIVE DISCOVERY LIMITED — Share Issue/Capital Change 2019

Oct 23, 2019

24 October 2019

Company Announcements Office ASX Limited PO Box H224 Australia Square SYDNEY NSW 2000

Dear Sir/Madam

Notice Given Under Section 708A(5)(e) of the Corporations Act

Predictive Discovery Limited ( Company ) gives notice to the ASX for the purpose of Section 708A(5)(e) of the Corporations Act 2001 (the ' Act '), that on 24 October 2019 it issued and allotted a total of 73,000,000 fully paid ordinary shares in the capital of the Company ( Shares) without disclosure under Part 6D.2 of the Act.

The Shares above are part of a class of securities quoted on ASX and may be subject to a subsequent offer for sale.

The Company notifies ASX under paragraph 708A(5)(e) of the Act that:

1. The Company issued the above Shares without disclosure to the relevant parties under Part 6D.2 of the Act.

2. As at the date of this notice the Company has complied with: (a) The provisions of Chapter 2M of the Act (as applicable to the Company); and (b) Section 674 of the Act.

3. As at the date of this notice there is no excluded information (as defined in paragraphs (7) and (8) of section 708A of the Act) which is required to be disclosed by the Company. However, for completeness the Company advises that it has entered into a non-material binding memorandum of understanding to acquire, if they are granted, five exploration permits in Guinea that are prospective for gold. The terms sheet is highly conditional, including being subject to a 6 week due diligence period and the permits themselves being granted and therefore becoming available for purchase. There is no certainty that the transaction will be concluded. In the event it is the Company will advise the market.

An Appendix 3B with respect to the issue of the shares was issued on 24 October 2019.

Yours faithfully

==> picture [102 x 61] intentionally omitted <==

Eric Moore Company Secretary Predictive Discovery Limited