TIVAN LIMITED — Capital/Financing Update 2013

Nov 19, 2013

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TNG COMPLETES ACQUISITION OF TIVAN[®] METALLURGICAL PATENT

ASX ANNOUNCEMENT 20 November 2013

Another important milestone for TNG

ASX CODE: TNG

REGISTERED OFFICE TNG Limited Level 1, 282 Rokeby Road Subiaco, Western Australia 6008

T +61 8 9327 0900 F +61 8 9327 0901 W www.tngltd.com.au E corporate@tngltd.com.au

Further to its announcement of 1 October 2013, TNG Limited (ASX: TNG) is pleased to advise that it has now executed formal agreements with process engineering group Mineral Engineering Technical Services Pty Ltd (“METS”) to acquire 100% ownership of the TIVAN[®] hydrometallurgical process for titano-magnetite hosted vanadium ores.

TNG has signed an Assignment of the Patent Deed with METS covering the TIVAN[®] Process and technology, which has been codeveloped by TNG and METS over the past four years. TNG is already the sole owner of the TIVAN[®] trademark.

ABN 12 000 817 023

DIRECTORS Jianrong Xu Paul Burton Michael Evans Stuart Crow Rex Turkington Wang Zhigang

COMPANY SECRETARY Simon Robertson

PROJECTS

Mount Peake: Fe-V-Ti Manbarrum: Zn-Pb-Ag East Rover: Cu-Au McArthur: Cu Mount Hardy Cu-Au Sandover Cu-Au

CONTACT DETAILS

TIVAN[®] was developed as a cost-effective alternative to conventional pyro-metallurgical processes for vanadium ores, and forms a central plank of TNG’s development plan for its flagship Mount Peake Vanadium-Titanium-Iron Project in the Northern Territory.

The TIVAN[®] Process is designed to produce high purity vanadiumpentoxide, iron-oxide and titanium-dioxide products which are forecast to be in high demand in world markets.

The consolidation of 100% ownership of the technology within TNG gives the Company greater flexibility in progressing the commercial development of both the Mount Peake Project and the TIVAN[®] Process.

Paul E Burton Managing Director 20 November 2013

Paul Burton | +61 8 9327 0900 Nicholas Read | +61 419 929 046 Simon Robertson | +61 8 9327 0900

Enquiries: Paul E Burton, Managing Director + 61 (0) 8 9327 0900 Nicholas Read Read Corporate + 61 (0) 8 9388 1474

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About TNG:

TNG Ltd (ASX: TNG) is an emerging resources company with an extensive portfolio and exploration and development stage projects in the Northern Territory of Australia.

The Company is currently developing its 100%-owned world-class Mount Peake Vanadium-TitaniumIron Project which is currently at the Definitive Feasibility Stage with anticipated production in 2015. In addition, it is also actively exploring its copper projects including its 100%-owned Mt Hardy Project which is emerging as a potential major copper-gold and polymetallic project.

The Company has joint ventures on its other projects with Rio Tinto, Norilsk, and Western Desert Resources and investment from Ao-Zhong Ltd., a 100%-owned subsidiary of China’s ECE Ltd.

For more information please see the company’s website at www.tngltd.com.au

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