TUNGSTEN MINING NL — Director's Dealing 2018

Sep 25, 2018

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ASX Announcement

Correction to Change in Director’s Interests

Tungsten Mining NL (ASX: TGN , Tungsten or the Company) confirms the following changes to Director’s interests of Tan Sri Dato Tien Seng Law.

The attached Appendix 3Y includes an amendment to the announcement on 2 August 2018, correcting the opening number of shares held indirectly by his spouse.

The Company advises that it is aware of its listing rule obligations in relation to these disclosures and specifically listing rules 3.19A and 3.19B. In this respect the Company makes the following statements about the attached Appendix 3Y.

• 1) The Appendix 3Y’s are being filed to correct an administrative oversight;

• 2) The Company has informed all Directors of the disclosure requirements set out in listing rules 3.19A, 3.19B and s205G of the Corporations Act. In addition, the Company has adopted a Securities Trading Policy which has been disclosed to the market and outlines the requirements for disclosure and approval of all securities trading; and

• 3) The Company is confident that the arrangements it currently has in place are adequate and doesn’t believe that any additional steps are required to ensure ongoing compliance with listing rule 3.19B.

-ENDS-

26 September 2018

For further information: Craig Ferrier Chief Executive Officer Ph: +61 8 9486 8492 E: craig.ferrier@tungstenmining.com

Mark Pitts Company Secretary Ph: +61 8 9316 9100

E: mark.pitts@tungstenmining.com.au

Competent Person’s Statement

The information in this report that relates to Exploration Targets and Exploration Results is based on, and fairly represents, information compiled by Peter Bleakley, who is a Member of the Australasian Institute of Mining and Metallurgy. Mr Bleakley is not a full-time employee of the company. Mr Bleakley is a consultant to the mining industry. Mr Bleakley has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr Bleakley consents to the inclusion in the report of the matters based on his information in the form and context in which it appears

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97 Outram Street PO Box 517 T +61 8 9486 8492 E info@tungstenmining.com West Perth WA 6005 West Perth WA 6872 F +61 8 9322 2370 W www.tungstenmining.com

Tungsten Mining NL ABN 67 152 084 403

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About Tungsten Mining

Emerging Australian tungsten developer, Tungsten Mining NL is an Australian based resources company listed on the Australian Securities Exchange. The Company’s prime focus is the exploration and development of tungsten projects in Australia.

Tungsten (chemical symbol W), occurs naturally on Earth, not in its pure form but as a constituent of other minerals, only two of which support commercial extraction and processing - wolframite ((Fe, Mn)WO4) and scheelite (CaWO4).

Tungsten has the highest melting point of all elements except carbon – around 3400°C giving it excellent high temperature mechanical properties and the lowest expansion coefficient of all metals. Tungsten is a metal of considerable strategic importance, essential to modern industrial development (across aerospace and defence, electronics, automotive, extractive and construction sectors) with uses in cemented carbides, high-speed steels and super alloys, tungsten mill products and chemicals.

Tungsten Mining has four advanced tungsten projects in Australia: in Western Australia, the Mt Mulgine Project in the Murchison region, the Big Hill Project in the Pilbara region and the Kilba Project in the Ashburton region and in Queensland the Watershed Project in north east Queensland.

Tungsten Mining is implementing a staged approach to the development of the Mt Mulgine Tungsten Project, initially focussed on a low capital start-up from Mulgine Hill, directed at demonstrating a pathway to positive cash flow and the basis for large scale mining and processing operations at Mulgine Trench.

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/09/01 Amended 01/01/11

Name of entity Tungsten Mining NL ABN 67 152 084 403

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Tan Sri Dato Tien Seng Law
Date of last notice	18 January 2018

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Direct or indirect interest	Direct and indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Holdings via Wynnes Investment Holding Limited, which is a company controlled by Tan Sri Dato Tien Seng Law and Mr Law’s spouse Saw Geok Ngor. Holdings via Armardale Offshore Incorporation which is a company controlled by Tan Sri Dato Tien Seng Law. Holding via Saw Geok Ngor, the spouse of Tan Sri Dato Tien Seng Law.
Date of change	25 July 2018 & 26 July 2018
No. of securities held prior to changes	1) 46,865,000 Fully paid ordinary shares 2) 7,250,000 Unlisted options are exercisable by payment of 3 cents on or before 31 December 2019.
Class	1) Fully paid ordinary shares 3) Unlisted options exercisable by payment of 60 cents on or before 31 December 2019.

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Number acquired	1) Fully paid ordinary shares a) 17,300,000 b) 6,000,000 3) 3,460,000 unlisted options exercisable by payment of 60 cents on or before 31 December 2019
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	1a) $0.34 per share 1b) $0.478 per share 3) $Nil, free attaching option
No. of securities held after change	1) 70,165,000 Fully paid ordinary shares 2) 7,250,000 Unlisted options are exercisable by payment of 3 cents on or before 31 December 2019.. 3) 3,460,000 unlisted options. exercisable by payment of 60 cents on or before 31 December 2019
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy- back	1a & 3) Issued in accordance with resolutions approved by shareholders on 20 July 2018 1b) Ordinary fully paid shares issued pursuant to the Tungsten Mining NL Loan Share Plan as approved by Shareholders on 20 July 2018 and subject to limited Recourse Loan Agreement and holding lock

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
Date of change	N/A
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	N/A
Interest acquired	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	No
If so, was prior written clearance provided to allow the trade to proceed during this period?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3