VERITY RESOURCES LIMITED — Capital/Financing Update 2015

Jun 17, 2015

ABN 96 122 995 073

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ASX Code: BML

TO: COMPANY ANNOUNCEMENTS OFFICE ASX LIMITED DATE: 18 JUNE 2015

SHARE PURCHASE PLAN – CLEANSING NOTICE

Botswana Metals Limited (ASX: BML) (“the Company”) refers to previous announcements regarding the Share Purchase Plan (“the Plan”) to be offered to shareholders with registered addresses in Australia or New Zealand under which those shareholders can purchase additional fully paid ordinary shares in the Company (“New Shares”).

The offer of New Shares under the Plan is made without a Prospectus or Disclosure Document in reliance on ASIC Class Order [CO 09/425].

Cleansing Notice

The Company gives notice under paragraph 7(f)(ii) of ASIC Class Order [CO 09/425] that:

• (a) the Company will make offers to issue New Shares under a Share Purchase Plan without disclosure to investors under Part 6D.2 of the Corporations Act 2001 (“the Act”); and

• (b) this notice is given in accordance with ASIC Class Order [CO 09/425]; and

• (c) as at the date of this notice, the Company has complied with:

• (i) the provisions of Chapter 2M of the Act as they apply to the Company; and

• (ii) Section 674 of the Act; and

• (d) as at the date of this notice, there is no excluded information (in accordance with the requirements of subsections 708A(7) and (8) of the Act) as if this notice were a notice under paragraph 708A(5)(e) of the Act.

The Company reserves the right not to proceed with the whole or part of the Plan at any time prior to the issue of the New Shares. In that event, application monies will be refunded in full without interest.

Pat Volpe Chairman

Botswana Metals Limited

REGISTERED OFFICE Suite 506, Level 5, 1 Princess Street Kew Vic Australia 3101 P: +61 3 9855 1885; F: +61 3 9855 2885 Email info@botswanametals.com.au www.botswanametals.com.au