ST GEORGE MINING LIMITED — Capital/Financing Update 2018

Mar 19, 2018

ASX / MEDIA RELEASE

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20 March 2018

ST GEORGE COMPLETES OVERSUBSCRIBED CAPITAL RAISING

HIGHLIGHTS:

 $4 million oversubscribed placement completed with allotment of new shares

• Funds to support drilling of high‐grade nickel‐copper sulphide targets at Mt Alexander

Emerging Western Australian nickel company St George Mining Limited (ASX: SGQ ) (“St George” or “the Company”) is pleased to confirm that, further to the ASX Release dated 12 March 2018, it has completed a private placement of ordinary shares to raise $4 million (“Placement”).

John Prineas, Executive Chairman of St George Mining , said:

“We are very pleased with the strong goodwill received from new and existing shareholders. I thank all shareholders for their continued support.

“The funds raised will support ongoing drilling at the Mt Alexander Project where nickel‐copper‐cobalt‐PGE sulphides have been intersected over a 4km strike of the Cathedrals belt.

“With the 2018 drill programme for Mt Alexander getting underway this week, it is an exciting time for St George shareholders.”

The Company has issued 22,360,002 fully paid ordinary shares at $0.18 per share.

After the issue of the above securities, the Company has the following listed securities on issue:

Fully Paid Ordinary Shares 278,407,716 Listed Options exercisable at $0.20 on or before 30 June 2017 24,584,714

The shares issued under the Placement were issued pursuant to the Company’s 10% placement capacity under ASX Listing Rule 7.1A. As such, the Company provides the below information under ASX Listing Rule 7.1A.4(b) in respect of the shares issued under ASX Listing Rule 7.1A.

• (a) The Company issued 22,360,002 shares under ASX Listing Rule 7.1A which resulted in the following dilution to existing shareholders:

Number of shares on issue before the issue date 250,546,082 Shares issued under ASX Listing Rule 7.1A 22,360,002 Percentage of voting dilution to existing shareholders as a result of the shares issued pursuant to the Placement 8.92%

St George Mining Limited ACN 139 308 973

Level 1, 115 Cambridge Street, PO Box 1305, West Leederville WA 6007 Phone + 61 8 9322 6600 Facsimile + 61 8 9322 6610

ASX / MEDIA RELEASE

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Further details of the approximate percentage of the issued capital post the 7.1A placement held by the pre‐placement security holders and new security holders are as follows:

Percentage of pre‐placement security holders who did not 89.75% participate in the 7.1A placement Percentage of pre‐placement security holders who did 10.25% participate in the 7.1A placement Percentage of participants in the 7.1A placement who were 23.81% not previously security holders

• (b) The Company issued the shares as a placement under ASX Listing Rule 7.1A as the Company was of the view that it was the most efficient and expedient mechanism to raise the funds required to achieve its stated objectives.

• (c) The Company confirms that there was no underwriter in respect of the Placement.

• (d) The fee payable by the Company in connection with the Placement comprises a selling fee of 6% of the funds raised payable to the Lead Manager.

Funds from the placement will be applied towards exploration at the Mt Alexander Project and the Company’s other projects in Western Australia, as well as for working capital and general corporate expenses. Argonaut acted as Lead Manager to the Placement.

Conversion of Performance Shares

The Company further advises that 50 Class A and 50 Class B Performance Shares (being all of the Performance Shares on issue) have been converted into 5,000,000 fully paid ordinary shares in the Company.

The Appendix 3B, Cleansing Notice and Appendix 3Y in respect to the securities issued pursuant to the above, and other security issues, follows.

For further information, please contact:

John Prineas Peter Klinger Executive Chairman Media and Investor Relations St George Mining Limited Cannings Purple (+61) 411 421 253 +61 (0) 411 251 540 John.prineas@stgm.com.au pklinger@canningspurple.com.au

St George Mining Limited ACN 139 308 973 Level 1, 115 Cambridge Street, PO Box 1305, West Leederville WA 6007 Phone + 61 8 9322 6600 Facsimile + 61 8 9322 6610

ASX / MEDIA RELEASE

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20 March 2018

ASX Limited Exchange Plaza 2 The Esplanade PERTH WA 6000

ST GEORGE MINING LIMITED SHARE PLACEMENT – NOTICE UNDER SECTION 708A(5)(e) OF THE CORPORATIONS ACT

On 20 March 2018, St George Mining Limited ( Company ) issued:

• (a) 22,360,002 fully paid ordinary shares in the capital of the Company ( Shares ) at an issue price of $0.18 per Share via a placement to sophisticated and professional Investors (as defined in the Corporations Act 2001 ( the Act ). The placement was previously announced on 12 March 2018.

• (b) 250,000 Shares at a deemed issue price of $0.18 per Share, 250,000 Shares at a deemed issue price of $0.20 per share and 95,000 Listed Options at a deemed issue price of $0.10 per Listed Option, in consideration for services rendered to the Company.

• (c) 5,000,000 Shares on conversion of the Class A and Class B Performance Shares on issue.

The Company gives notice pursuant to section 708A(5)(e) of the Act that:

• (a) the Shares were issued without disclosure to investors under Part 6D.2 of the Act;

• (b) as at 20 March 2018, the Company has complied with the provisions of Chapter 2M of the Act as they apply to the Company;

• (c) as at 20 March 2018, the Company has complied with section 674 of the Act;

• (d) as at 20 March 2018, there is no information to be disclosed which is excluded information (as defined in section 708A(7) of the Act) that is reasonable for investors and their professional advisers to expect to find in a disclosure document.

Yours faithfully

St George Mining Limited

St George Mining Limited ACN 139 308 973 Level 1, 115 Cambridge Street, PO Box 1305, West Leederville WA 6007 Phone + 61 8 9322 6600 Facsimile + 61 8 9322 6610

Appendix 3B New issue announcement

Rule 2.7, 3.10.3, 3.10.4, 3.10.5

Appendix 3B

New issue announcement,

application for quotation of additional securities and agreement

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 01/07/96 Origin: Appendix 5 Amended 01/07/98, 01/09/99, 01/07/00, 30/09/01, 11/03/02, 01/01/03, 24/10/05, 01/08/12, 04/03/13

Name of entity

St George Mining Limited

ABN

21 139 308 973

We (the entity) give ASX the following information.

Part 1 ‐ All issues

You must complete the relevant sections (attach sheets if there is not enough space).

1 +Class of+securities issued or to be issued 2 Number of+securities issued or to be issued (if known) or maximum number which may be issued 3 Principal terms of the+securities (e.g. if options, exercise price and expiry date; if partly paid +securities, the amount outstanding and due dates for payment; if +convertible securities, the conversion price and dates for conversion)	1. Fully Paid Ordinary Shares 2. Fully Paid Ordinary Shares 3. Fully Paid Ordinary Shares 4. Fully Paid Ordinary Shares 5. Fully Paid Ordinary Shares 6. Listed Options
	1. 22,360,002 2. 250,000 3. 250,000 4. 5,000,000 5. 1,632 6. 95,000
	1. Fully Paid Ordinary Shares 2. Fully Paid Ordinary Shares 3. Fully Paid Ordinary Shares 4. Fully Paid Ordinary Shares 5. Fully Paid Ordinary Shares 6. Listed Options exercisable at $0.20 on or before 30 September 2020

• See chapter 19 for defined terms.

04/03/2013

Appendix 3B Page 1

Appendix 3B New issue announcement

4 Do the+securities rank equally in all respects from the+issue date with an existing+class of quoted +securities? If the additional+securities do not rank equally, please state:  the date from which they do  the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment  the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment 5 Issue price or consideration 6 Purpose of the issue (If issued as consideration for the acquisition of assets, clearly identify those assets) 6a Is the entity an+eligible entity that has obtained security holder approval under rule 7.1A? If Yes, complete sections 6b – 6h in relation to the+securities the subject of this Appendix 3B, and comply with section 6i 6b The date the security holder resolution under rule 7.1A was passed 6c Number of+securities issued without security holder approval under rule 7.1	Yes
	1. $0.18 per share 2. $0.18 per share 3. $0.20 per share 4. Nil 5. $0.25 per share 6. $0.10per Listed Option
	1. Issued pursuant to a placement to sophisticated investors 2. For services provided to the Company 3. For services provided to the Company 4. On conversion of Class A and B Performance Shares approved at the Annual General Meeting held on 23 November 2016 5. Exercise of Unlisted Options 6. For services provided to the Company
	Yes
	22 November 2017
	250,000 Fully Paid Ordinary Shares 250,000 Fully Paid Ordinary Shares 95,000 Listed Options

• See chapter 19 for defined terms.

04/03/2013

Appendix 3B Page 2

Appendix 3B New issue announcement

6d Number of+securities issued with security holder approval under rule 7.1A 6e Number of+securities issued with security holder approval under rule 7.3, or another specific security holder approval (specify date of meeting) 6f Number of+securities issued under an exception in rule 7.2 6g If+securities issued under rule 7.1A, was issue price at least 75% of 15 day VWAP as calculated under rule 7.1A.3? Include the +issue date and both values. Include the source of the VWAP calculation. 6h If+securities were issued under rule 7.1A for non‐cash consideration, state date on which valuation of consideration was released to ASX Market Announcements 6i Calculate the entity’s remaining issue capacity under rule 7.1 and rule 7.1A – complete Annexure 1 and release to ASX Market Announcements 7 +Issue dates Note: The issue date may be prescribed by ASX (refer to the definition of issue date in rule 19.12). For example, the issue date for a pro rata entitlement issue must comply with the applicable timetable in Appendix 7A. Cross reference: item 33 of Appendix 3B.	22,360,002 Fully Paid Ordinary Shares
	5,000,000 Fully Paid Ordinary Shares – approved at the Annual General Meeting held on 23 November 2016
	1,632 Fully Paid Ordinary Shares
	Yes VWAP Date: 19 March 2018 Issue Date: 20 March 2018 15 Day VWAP: $0.211 75% VWAP: $0.158 Source: 2018 Orient Capital PtyLtd
	N/A
	See Annexure 1
	20 March 2018

• See chapter 19 for defined terms.

04/03/2013

Appendix 3B Page 3

Appendix 3B New issue announcement

8 Number and +class of all +securities quoted on ASX (including the +securities in section 2 if applicable) 9 Number and +class of all +securities not quoted on ASX (including the +securities in section 2 if applicable) 10 Dividend policy (in the case of a trust, distribution policy) on the increased capital (interests)	Number	+Class
	278,407,716 24,584,714	Fully Paid Ordinary Shares Options ex. $0.20 on or before 30 September 2020
	Number	+Class
	12,411,688 3,500,000	Unlisted Options ex. $0.25 on or before 23 April 2018 Unlisted Options ex. $0.25 on or before 2 December 2019
	N/A

Part 2 ‐ Pro rata issue

11 Is security holder approval required? 12 Is the issue renounceable or non‐ renounceable? 13 Ratio in which the+securities will be offered 14 +Class of +securities to which the offer relates 15 +Record date to determine entitlements 16 Will holdings on different registers (or subregisters) be aggregated for calculating entitlements? 17 Policy for deciding entitlements in relation to fractions	N/A
	N/A
	N/A
	N/A
	N/A
	N/A
	N/A

• See chapter 19 for defined terms.

04/03/2013

Appendix 3B Page 4

Appendix 3B New issue announcement

18 Names of countries in which the entity has security holders who will not be sent new offer documents Note: Security holders must be told how their entitlements are to be dealt with. Cross reference: rule 7.7. 19 Closing date for receipt of acceptances or renunciations 20 Names of any underwriters 21 Amount of any underwriting fee or commission 22 Names of any brokers to the issue 23 Fee or commission payable to the broker to the issue 24 Amount of any handling fee payable to brokers who lodge acceptances or renunciations on behalf of security holders 25 If the issue is contingent on security holders’ approval, the date of the meeting 26 Date entitlement and acceptance form and offer documents will be sent to persons entitled 27 If the entity has issued options, and the terms entitle option holders to participate on exercise, the date on which notices will be sent to option holders 28 Date rights trading will begin (if applicable) 29 Date rights trading will end (if applicable) 30 How do security holders sell their entitlements_in full_through a	N/A
	N/A
	N/A
	N/A
	N/A
	N/A
	N/A
	N/A
	N/A
	N/A
	N/A
	N/A
	N/A

• See chapter 19 for defined terms.

04/03/2013

Appendix 3B Page 5

Appendix 3B New issue announcement

broker?

31 How do security holders sell part of N/A their entitlements through a broker and accept for the balance? 32 How do security holders dispose of N/A their entitlements (except by sale through a broker)? 33 +Issue date N/A

Part 3 ‐ Quotation of securities

You need only complete this section if you are applying for quotation of securities

34 Type of[+] securities ( tick one )

(a) +Securities described in Part 1

(b)[All other ][+][securities ]

Example: restricted securities at the end of the escrowed period, partly paid securities that become fully paid, employee incentive share securities when restriction ends, securities issued on expiry or conversion of convertible securities

Entities that have ticked box 34(a)

Additional securities forming a new class of securities

Tick to indicate you are providing the information or documents

35[If the ][+][securities are ][+][equity securities, the names of the 20 largest holders of the ] additional[+] securities, and the number and percentage of additional[+] securities held by those holders

36[If the ] +securities setting out the number of holders in the categories[+][securities are ][+][equity securities, a distribution schedule of the additional ] 1 ‐ 1,000

1,001 ‐ 5,000 5,001 ‐ 10,000 10,001 ‐ 100,000 100,001 and over

37[A copy of any trust deed for the additional ][+][securities ]

• See chapter 19 for defined terms.

04/03/2013

Appendix 3B Page 6

Appendix 3B New issue announcement

Entities that have ticked box 34(b)

38 Number of[+] securities for which N/A +quotation is sought 39 +Class of +securities for which N/A quotation is sought 40 Do the[+] securities rank equally in all N/A respects from the[+] issue date with an existing +class of quoted +securities? If the additional[+] securities do not rank equally, please state:  the date from which they do  the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment  the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment 41 Reason for request for quotation N/A now Example: In the case of restricted securities, end of restriction period (if issued upon conversion of another[+] security, clearly identify that other[+] security) Number +Class 42 Number and[+] class of all[+] securities N/A quoted on ASX ( including the +securities in clause 38)

• See chapter 19 for defined terms.

04/03/2013

Appendix 3B Page 7

Appendix 3B New issue announcement

Quotation agreement

• 1 +Quotation of our additional +securities is in ASX’s absolute discretion. ASX may quote the[+] securities on any conditions it decides.

• 2 We warrant the following to ASX.

• The issue of the[+] securities to be quoted complies with the law and is not for an illegal purpose.

• There is no reason why those[+] securities should not be granted[+] quotation.

• An offer of the[+] securities for sale within 12 months after their issue will not require disclosure under section 707(3) or section 1012C(6) of the Corporations Act.

Note: An entity may need to obtain appropriate warranties from subscribers for the securities in order to be able to give this warranty

• Section 724 or section 1016E of the Corporations Act does not apply to any applications received by us in relation to any[+] securities to be quoted and that no‐one has any right to return any[+] securities to be quoted under sections 737, 738 or 1016F of the Corporations Act at the time that we request that the[+] securities be quoted.

• If we are a trust, we warrant that no person has the right to return the +securities to be quoted under section 1019B of the Corporations Act at the time that we request that the[+] securities be quoted.

• 3 We will indemnify ASX to the fullest extent permitted by law in respect of any claim, action or expense arising from or connected with any breach of the warranties in this agreement.

• 4 We give ASX the information and documents required by this form. If any information or document is not available now, we will give it to ASX before +quotation of the +securities begins. We acknowledge that ASX is relying on the information and documents. We warrant that they are (will be) true and complete.

Sign here: Sarah Shipway Date: 20 March 2018 Company Secretary

Print name: Sarah Shipway

== == == == ==

• See chapter 19 for defined terms.

04/03/2013

Appendix 3B Page 8

Appendix 3B New issue announcement

Appendix 3B – Annexure 1

Calculation of placement capacity under rule 7.1 and rule 7.1A for eligible entities

Introduced 01/08/12 Amended 04/03/13

Part 1

Rule 7.1 – Issues exceeding 15% of capital

Step 1: Calculate “A”, the base figure from which the placement capacity is calculated

Part 1	Part 1
Rule 7.1 – Issues exceeding 15% of capital
Step 1: Calculate “A”, the base figure from which the placement capacity is calculated
Insertnumber of fully paid+ordinary securities on issue 12 months before the+issue date or date of agreement to issue	250,359,725
Addthe following: • Number of fully paid+ordinary securities issued in that 12 month period under an exception in rule 7.2 • Number of fully paid+ordinary securities issued in that 12 month period with shareholder approval • Number of partly paid+ordinary securities that became fully paid in that 12 month period Note: • Include only ordinary securities here – other classes of equity securities cannot be added • Include here (if applicable) the securities the subject of the Appendix 3B to which this form is annexed • It may be useful to set out issues of securities on different dates as separate line items	30 June 2017 ‐ 1,100 Fully Paid Ordinary Shares ‐ Exercise of Options 27 October 2017 ‐ 2,650 Fully Paid Ordinary Shares ‐ Exercise of Options 4 December 2017 – 1,636 Fully Paid Ordinary Shares ‐ Exercise of Options 19 December 2017 – 83,238 Fully Paid Ordinary Shares – Exercise of Options 3 January 2018 – 17,000 Fully Paid Ordinary Shares – Exercise of Options 17 January 2018 – 24,647 Fully Paid Ordinary Shares – Exercise of Options 12 February 2018 – 42,500 Fully Paid Ordinary Shares – Exercise of Options 19 February 2018 – 1,500 Fully Paid Ordinary Shares – Exercise of Options 27 February 2018 – 3,336 Fully Paid Ordinary Shares – Exercise of Options 12 March 2018 – 8,750 Fully Paid Ordinary Shares – Exercise of Options 20 March 2018 – 1,632 Fully Paid Ordinary Shares – Exercise of Options

• See chapter 19 for defined terms.

04/03/2013

Appendix 3B Page 9

Appendix 3B New issue announcement

Appendix 3B New issue announcement
	20 March 2018 – 5,000,000 Fully Paid Ordinary Shares – Conversion of Performance Shares
Subtractthe number of fully paid+ordinary securities cancelled during that 12 month period	N/A
“A”	255,547,714
Step 2: Calculate 15% of “A”
“B”	0.15 [Note: this value cannot be changed]
Multiply“A” by 0.15	38,332,157
Step 3: Calculate “C”, the amount of placement capacity under rule 7.1 that has already been used
Insertnumber of+equity securities issued or agreed to be issued in that 12 month period not counting_those issued: • Under an exception in rule 7.2 • Under rule 7.1A • With security holder approval under rule 7.1 or rule 7.4 _Note: • This applies to equity securities, unless specifically excluded – not just ordinary securities • Include here (if applicable) the securities the subject of the Appendix 3B to which this form is annexed • It may be useful to set out issues of securities on different dates as separate line items	3 October 2017 ‐ 577,083 Listed Options 20 March 2018 – 500,000 Fully Paid Ordinary Shares 20 March 2018 ‐ 95,000 Listed Options
“C”	1,172,083
Step 4: Subtract “C” from [“A” x “B”] to calculate remaining placement capacity under rule 7.1
“A” x 0.15 Note: number must be same as shown in Step 2	38,332,157
Subtract“C” Note: number must be same as shown in Step 3	1,172,083

• See chapter 19 for defined terms.

04/03/2013

Appendix 3B Page 10

Appendix 3B New issue announcement

Total [“A” x 0.15] – “C”

37,160,074 [Note: this is the remaining placement capacity under rule 7.1]

Part 2

Rule 7.1A – Additional placement capacity for eligible entities

Step 1: Calculate “A”, the base figure from which the placement capacity is calculated

Rule 7.1A – Additional placement capacity for eligible entities	Rule 7.1A – Additional placement capacity for eligible entities
Step 1: Calculate “A”, the base figure from which the placement capacity is calculated
“A” Note: number must be same as shown in Step 1 of Part 1	255,547,714
Step 2: Calculate 10% of “A”
“D”	0.10 Note: this value cannot be changed
Multiply“A” by 0.10	25,554,771
Step 3: Calculate “E”, the amount of placement capacity under rule 7.1A that has already been used
Insertnumber of+equity securities issued or agreed to be issued in that 12 month period under rule 7.1A Notes: • This applies to equity securities – not just ordinary securities • Include here – if applicable – the securities the subject of the Appendix 3B to which this form is annexed • Do not include equity securities issued under rule 7.1 (they must be dealt with in Part 1), or for which specific security holder approval has been obtained • It may be useful to set out issues of securities on different dates as separate line items	20 March 2018 – 22,360,002 Fully Paid Ordinary Shares
“E”	22,360,002

Insertnumber of+equity securities issued or	Insertnumber of+equity securities issued or	20 March 2018 – 22,360,002 Fully Paid Ordinary
agreed to be issued in that 12 month period		Shares
under rule 7.1A
Notes:
•	This applies to equity securities – not just
	ordinary securities
•	Include here – if applicable – the securities
	the subject of the Appendix 3B to which this
	form is annexed
•	Do not include equity securities issued
	under rule 7.1 (they must be dealt with in
	Part 1), or for which specific security holder
	approval has been obtained
•	It may be useful to set out issues of
	securities on different dates as separate line
	items
“E”		22,360,002

• See chapter 19 for defined terms.

04/03/2013

Appendix 3B Page 11

Appendix 3B New issue announcement

Step 4: Subtract “E” from [“A” x “D”] to calculate remaining placement capacity under rule 7.1A

Appendix 3B New issue announcement	Appendix 3B New issue announcement
Step 4: Subtract “E” from [“A” x “D”] to calculate remaining placement capacity under rule 7.1A
“A” x 0.10 Note: number must be same as shown in Step 2	25,554,771
Subtract“E” Note: number must be same as shown in Step 3	22,360,002
Total[“A” x 0.10] – “E”	3,194,769 Note: this is the remaining placement capacity under rule 7.1A

• See chapter 19 for defined terms.

04/03/2013

Appendix 3B Page 12

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/09/01 Amended 01/01/11

Name of entity St George Mining Limited

ABN 21 139 308 973

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	John Prineas
Date of last notice	21 February 2018

Part 1 ‐ Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

disclosed in this part.
Direct or indirect interest	Direct and Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Zeus Private Equity Pty Ltd – Director and Shareholder Zeus Super Pty Ltd as trustee for the Zeus Super Fund A/C – Director and Shareholder
Date of change	20 March 2018
No. of securities held prior to change John Prineas Zeus Private Equity Pty Ltd Zeus Super Pty Ltd	9,189,021 Ordinary Fully Paid Shares 918,902 Listed Options 459,451 Unlisted Options 20 Class A Performance Shares 20 Class B Performance Shares 821,200 Ordinary Fully Paid Shares 41,060 Unlisted Options 82,120 Listed Options 204,000 Ordinary Fully Paid Shares 20,400 Listed Options 10,200 Unlisted Options

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Class	Fully Paid Ordinary Shares
Number acquired John Prineas	2,000,000
Number disposed/expired	20 Class A and 20 B Performance Shares
Value/Consideration Note: If consideration is non‐cash, provide details and estimated valuation	Nil
No. of securities held after change John Prineas Zeus Private Equity Pty Ltd Zeus Super Pty Ltd	11,189,021 Ordinary Fully Paid Shares 918,902 Listed Options 459,451 Unlisted Options 821,200 Ordinary Fully Paid Shares 82,120 Listed Options 41,060 Unlisted Options 204,000 Ordinary Fully Paid Shares 20,400 Listed Options 10,200 Unlisted Options
Nature of change Example: on‐market trade, off‐market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy‐back	On conversion of Class A and B Performance Shares approved at the Annual General Meeting held on 23 November 2016

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

disclosed in this part.
Detail of contract	N/A
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
Date of change	N/A
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	N/A
Interest acquired	N/A

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 2

Appendix 3Y Change of Director’s Interest Notice

Interest disposed	N/A
Value/Consideration Note: If consideration is non‐cash, provide details and an estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	No
If so, was prior written clearance provided to allow the trade to proceed during this period?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 3

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/09/01 Amended 01/01/11

Name of entity St George Mining Limited

ABN 21 139 308 973

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Tim Hronsky
Date of last notice	21 February 2018

Part 1 ‐ Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

disclosed in this part.
Direct or indirect interest	Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	N/A
Date of change	20 March 2018
No. of securities held prior to change	1,062,500 Ordinary Fully Paid Shares 106,250 Listed Options 53,125 Unlisted Options 300,000 Class E Unlisted Options 15 Class A Performance Shares 15 Class B Performance Shares
Class	Fully Paid Ordinary Shares
Number acquired	1,500,000
Number disposed/expired	15 Class A and 15 B Performance Shares
Value/Consideration Note: If consideration is non‐cash, provide details and estimated valuation	Nil

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	2,562,500 Ordinary Fully Paid Shares 106,250 Listed Options 53,125 Unlisted Options 300,000 Class E Unlisted Options
Nature of change Example: on‐market trade, off‐market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy‐back	On conversion of Class A and B Performance Shares approved at the Annual General Meeting held on 23 November 2016

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

disclosed in this part.
Detail of contract	N/A
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
Date of change	N/A
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non‐cash, provide details and an estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	No
If so, was prior written clearance provided to allow the trade to proceed during this period?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 2

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/09/01 Amended 01/01/11

Name of entity St George Mining Limited

ABN 21 139 308 973

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Sarah Shipway
Date of last notice	21 February 2018

Part 1 ‐ Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

disclosed in this part.
Direct or indirect interest	Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	N/A
Date of change	20 March 2018
No. of securities held prior to change	5 Class A Performance Shares 5 Class B Performance Shares
Class	Fully Paid Ordinary Shares
Number acquired John Prineas	500,000
Number disposed/expired	5 Class A and 5 B Performance Shares
Value/Consideration Note: If consideration is non‐cash, provide details and estimated valuation	Nil
No. of securities held after change	500,000 Ordinary Fully Paid Shares

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Nature of change On conversion of Class A and B Performance Example: on‐market trade, off‐market trade, exercise of options, issue of Shares approved at the Annual General securities under dividend reinvestment plan, participation in buy‐back Meeting held on 23 November 2016

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
Date of change	N/A
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non‐cash, provide details and an estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	No
If so, was prior written clearance provided to allow the trade to proceed during this period?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

• See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 2