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TUNGSTEN MINING NL Capital/Financing Update 2017

Nov 8, 2017

65918_rns_2017-11-08_19c8d32a-83c9-46ad-98e3-79558edcf6f1.pdf

Capital/Financing Update

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ASX Announcement

Non-renounceable Entitlement Issue – Allotment

Tungsten Mining NL (ASX: TGN) (“TGN” or “the Company”) confirms that the Company has instructed its registry to allot and issue 64,937,620 ordinary fully paid shares, being acceptances in the Non Renounceable Entitlement Issue for which cleared funds of $6,493,762 have been received.

These shares have been entered onto the Company’s share register today Thursday, 9[th] November 2017. Following this issue the Company will have a total in this class of security of 481,515,484 ordinary fully paid shares.

A statement setting out the top 20 largest holders of this class of security and the percentage held is attached.

-ENDS-

9 November 2017

For further information:

Craig Ferrier Chief Executive Officer Ph: +61 8 9486 8492 E: [email protected]

Mark Pitts Company Secretary Ph: +61 8 9316 9100 E: mark.pitts@tungstenmining .com.au

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Tungsten Mining NL 97 Outram Street PO Box 517 T +61 8 9486 8492 E [email protected] ABN 67 152 084 403 West Perth WA 6005 West Perth WA 6872 F +61 8 9322 2370 W www.tungstenmining.com

Top twenty holders of ordinary fully paid shares

Rank **Holder ** No. of Shares % Held
1. HSBC CustodyNom AustLtd 80,537,459 16.73%
2. GWRGroupLtd 70,000,000 14.54%
3. CiticorpNom Pl 60,266,057 12.52%
4. WynnesInv HldgLtd 25,140,000 5.22%
5. ElmarGlobal Inv Ltd 22,500,213 4.67%
6. KrestaInv Ltd 18,062,500 3.75%
7. LeongKok Hou 17,500,000 3.63%
8. Hilux ResPL 13,200,000 2.74%
9. Lavington Intnl Ltd 11,490,000 2.39%
10. ReynaudIntnl Ltd 11,006,100 2.29%
11. YapKim Foong 7,500,000 1.56%
12. Teoh KongTuck 7,500,000 1.56%
13. RHBSec SingaporePteLtd 6,849,445 1.42%
14. ChuaDato Goon Eng 6,666,667 1.38%
15. ColfordIntnl Ltd 6,000,000 1.25%
16. ReynaudIntnl Ltd 5,750,000 1.19%
17. Woodwork InvestmentsLtd 5,000,000 1.04%
18. Yeo Siak Poh 5,000,000 1.04%
19. OceanStateEntpsLtd 4,000,000 0.83%
20. Paul Berndt 3,916,765 0.81%