TIVAN LIMITED — Capital/Financing Update 2016

Dec 4, 2016

5 December 2016

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ASX ANNOUNCEMENT
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SPP OFFER DOCUMENTS SENT

TNG Limited (ASX:TNG) ( TNG or the Company ) is pleased to advise that the offer documents in relation to its Share Purchase Plan ( SPP ) announced on 1 December 2016 have been sent to all shareholders who were registered as holders of TNG shares at 4.00pm (AWST) on 30 November 2016, and whose registered address is in Australia or New Zealand ( Eligible Shareholders ).

A notice under Section 708A of the Corporations Act 2001 (Cth) relating to the offers is attached.

Under the SPP the Company is offering Eligible Shareholders the opportunity to acquire up to $15,000 worth of fully paid ordinary shares in TNG ( Shares ) at an issue price of $0.135 per Share without paying brokerage or other transaction costs, and including a free attaching option on a 1 for 2 basis.

The SPP provides Eligible Shareholders with the opportunity to increase their holding at an attractive price without paying brokerage or transaction costs, as the Company moves ahead with the next phase of development of the Mount Peake Project in the Northern Territory.

Simon Robertson Company Secretary

5 December 2016

Inquiries:

Simon Robertson Company Secretary + 61 (0) 8 9327 0900

W www.tngltd.com.au E corporate@tngltd.com.au

ASX CODE: TNG ABN 12 000 817 023

REGISTERED OFFICE T +61 8 9327 0900 Level 1, 282 Rokeby Road F +61 8 9327 0901 Subiaco, Western Australia 6008

5 December 2016

The Manager Market Announcements Office ASX Limited Level 40, Central Park 152-158 St Georges Terrace Perth, WA 6000

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SHARE PURCHASE PLAN - CLEANSING NOTICE

TNG Limited (ASX: TNG) ( TNG ) confirms that it will today send offers under the share purchase plan announced to ASX on 1 December 2016.

TNG hereby notifies ASX pursuant to paragraph 7(f)(ii) of ASIC Class Order [CO 09/425] that:

1. TNG will make offers to issue shares under a share purchase plan without disclosure to investors under Part 6D.2 of the Corporations Act 2001 (Cwlth) ( Corporations Act );

2. this notice is given by TNG in accordance with ASIC Class Order [CO 09/425];

3. as at the date of this notice, TNG has complied with the provisions of Chapter 2M of the Corporations Act as they apply to TNG and section 674 of the Corporations Act; and

4. as at the date of this notice, there is no excluded information (in accordance with requirements of subsections 708A(7) and (8) of the Corporations Act as if this notice were a notice under paragraph 708A(5)(e) of the Corporations Act).

Yours faithfully,

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Simon Robertson Company Secretary

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