TUNGSTEN MINING NL — Capital/Financing Update 2017

Sep 28, 2017

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MARKET RELEASE

29 September 2017

Tungsten Mining NL

TRADING HALT

The securities of Tungsten Mining NL (the “Company”) will be placed in Trading Halt Session State at the request of the Company, pending the release of an announcement by the Company. Unless ASX decides otherwise, the securities will remain in Trading Halt Session State until the earlier of the commencement of normal trading on Tuesday, 3 October 2017, or when the announcement is released to the market.

Security Code: TGN

Mauro Piccini SENIOR ADVISER, LISTINGS COMPLIANCE (PERTH)

Tel: 08 9224 0000

20 Bridge Street Sydney NSW 2000

ASX Compliance Pty Limited ABN 26 087 780 489

www.asx.com.au Customer service 13 12 79

29 September 2017

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ASX Announcement

Australia Securities Exchange Level 8, Exchange Plaza 2 The Esplanade Perth WA 6000

Attention: Hayley Pratt By email: hayley.pratt@asx.com.au

Dear Ms Pratt,

REQUEST FOR TRADING HALT

Pursuant to ASX Listing Rule 17.1 Tungsten Mining NL (“TGN, the Company”) requests a trading halt on its securities pending an announcement regarding a proposed capital raising.

The Company expects the trading halt will be required for a period not exceeding the commencement of trading on Tuesday, 3 October 2017, and that an announcement will likely be made within that timeframe and in accordance with ASX Listing Rule 17.1.1 and ASX Operating Rule 16.4.2.

The Company is not aware of any reason why the trading halt should not be granted, nor of any other information relevant to this request.

Yours faithfully

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Mark Pitts Company Secretary

Tungsten Mining NL 97 Outram Street ABN 67 152 084 403 West Perth WA 6005

PO Box 517 T +61 8 9486 8492 E info@tungstenmining.com West Perth WA 6872 F +61 8 9322 2370 W www.tungstenmining.com