TYRANNA RESOURCES LIMITED — Capital/Financing Update 2017

Dec 14, 2017

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15 December 2017

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Placement of Shares – Section 708A

Tyranna Resources Limited (TYX) has issued the following securities:

• 35,764,710 ordinary fully paid shares (TYX) and (Share Purchase Plan Shortfall)

ASX CODE: TYX

• 14,705, 882 ordinary fully paid shares (Purchase Consideration - Eureka Gold Project)

DIRECTORS

Joseph S. Pinto Non-Executive Chairman

Bruno Seneque Managing Director

Nick Revell Technical Director

Yugi Gouw CFO/ Company Secretary

Tyranna Resources has successfully concluded a two-phase Share Placement Plan as originally announced to shareholders and the ASX on the 24th August 2017.

The Share Purchase Plan Shortfall, which was offered to interested third parties, has since been allocated, raising a further $608,000. Today, 15th December 2017, Tyranna Resources has issued 35,764,710 ordinary fully paid shares and 35,764,710 free attaching options (TYXOC) in relation to these shortfall applications. The options are issued under the Prospectus issued by the Company dated 5 September 2017.

SHARE REGISTRY

Advanced Share Registry Limited

110 Stirling Highway Nedlands WA 6009 T: +61 8 9389 8033 F: +61 8 9389 7871

Furthermore, the Company has issued 14,705,882 ordinary fully paid shares as part of the purchase consideration for the Eureka Gold Project, as announced on 1[st] December 2017.

For the purpose of section 708(A) of Corporations Act 2001 (“Act), the Company gives notice as follows:

REGISTERED OFFICE

Level 2 679 Murray Street West Perth WA 6005 P: +61 8 9485 1040 F: +61 8 9485 1050

1. This notice is being given under paragraph (5)(e) of section 708A of the Act:

2. The Shares were issued without disclosure to investors under Part 6D.2 of the Act in reliance on Section 708(A)(5) of the Act:

3. As at the date of this notice, the Company has complied with:

4. The provisions of Chapter 2M of the Act as they apply to the Company; and

5. Section 674 of the Act

6. As at the date of this notice, there is no information that is “excluded information”, within the meaning of sections 708A(7) and (8) of the Act.

By order of the board of directors

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Bruno Seneque Managing Director P: +61 8 9485 1040

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Level 2, 679 Murray Street, WEST PERTH WA 6005 | PO Box 1124, WEST PERTH WA 6872 T +61 (08) 9485 1040 | F +61 (08) 9485 1050 | E info@tyrannaresources.com | W tyrannaresources.com

ASX TYX | ABN 79 124 990 405