RED MOUNTAIN MINING LIMITED — Capital/Financing Update 2019

Apr 16, 2019

==> picture [595 x 72] intentionally omitted <==

ASX : RMX Company Directors ASX ANNOUNCEMENT Jeremy King RED MOUNTAIN MINING LTD Lincoln Ho Robert Parton Company Secretary Mauro Piccini

RED MOUNTAIN MINING LTD

17 April 2019

COMPLETION OF UNMARKETABLE PARCEL SALE FACILITY

On 13 February 2019, Red Mountain Mining Limited (“ RMX ” or the “ Company ”) announced the implementation of a share sale facility for shareholders who own less than $500 value of RMX shares (“ Unmarketable Parcel Sale Facility ”). The Company is pleased to advise the completion of the sale of RMX shares in accordance with the Unmarketable Parcel Sale Facility.

A total of 22,082,013 shares were sold off-market at a price of $0.004 per share and the proceeds will be distributed to shareholders who participated in the Unmarketable Parcel Sale Facility on or before 1 April 2019.

For and on behalf of the Board

Mauro Piccini Company Secretary

==> picture [595 x 49] intentionally omitted <==