TRITON MINERALS LTD — Capital/Financing Update 2016

Jan 3, 2016

04 January 2016

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ASX ANNOUNCEMENT

Triton Minerals Ltd

ENTITLEMENT OFFER

ASX: ABN:

DESPATCH OF PROSPECTUS

Street address:

Postal address:

Tel: Fax:

Email:

Web:

On 17 December 2015, Triton Minerals Limited (ASX: TON, Triton or Company ) announced that the Company will be offering eligible shareholders the opportunity to acquire fully paid ordinary shares in the Company ( Shares ) through a pro rata non-renounceable entitlement issue of one (1) Share for every three (3) Shares held by eligible shareholders on the record date, at an issue price of $0.09 per Share to raise up to $11,296,483 (before costs), with each eligible shareholder offered one (1) free attaching option for every two (2) Shares subscribed for under the offer ( Options ( Entitlement Offer ). The Options are exercisable at $0.15 each and expire on 16 March 2017 and are expected to be listed subject to compliance with ASX Listing Rules.

The Company advises that it has now sent the prospectus and entitlement and acceptance forms which relate to this Entitlement Offer to all eligible shareholders.

Projects: Mozambique Balama North Graphite-Vanadium Ancuabe Graphite Balama South Graphite

If shareholders have any queries regarding the Entitlement Offer please contact the Company Secretary by telephone on +61 8 6489 2555 or your stockbroker or professional adviser.

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For further information, please contact:

Garth Higgo Paige Exley Chief Executive Officer Company Secretary Tel: + 61 8 6489 2555 Tel: + 61 8 6489 2555 Email: bboyle@tritonmineralsltd.com.au Email: pexley@tritonmineralsltd.com.au

Holder of the world’s largest known combined graphite-vanadium resource

Triton plans to establish Triton Mozambique graphite, produced from its Mozambique graphite projects (TMG) as the global graphite-industry benchmark by aiming to offer the world’s lowest cost and most diversified graphite product range, together with the longevity of a reliable supply of high quality flake graphite.

Triton is also actively pursuing vertical integration opportunities to be involved in all aspects of the graphite supply chain, which Triton believes will add significant value to the Company and its shareholders in the long term.

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