SOUTHERN HEMISPHERE MINING LIMITED — Capital/Financing Update 2016

May 12, 2016

ASX RELEASE MAY 13, 2016

Southern Hemisphere Mining Limited (ASX: SUH) (“Southern Hemisphere” or the “Company”) advises that it is in discussions with an international mining group in respect to the Company’s Chilean mining concessions. These incomplete discussions may result in the sale or joint venture of these mining concessions.

—ENDS— For further information, please contact: Trevor Tennant – Managing Director on +61 (8) 9481 2122

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ASX: SUH AUSTRALIAN OFFICE ABN: 17 140 494 784 33 Ventnor Avenue www.shmining.com.au West Perth WA 6005 TEL: +61 8 9481 2122