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XREF LIMITED Capital/Financing Update 2015

Jan 4, 2015

66097_rns_2015-01-04_bed1df18-c8f1-42bd-9c40-95a3e56c3339.pdf

Capital/Financing Update

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King Solomon Mines Limited

242 Marine Parade, Otaki 5512, New Zealand Office (within Australia): 1 800 061 569 (outside Australia): +64 6 364 8462 Fax: +64 6 364 8497 [email protected] www.kingsolomonmines.com

5 January 2015

Companies Announcements Office Australian Securities Exchange

END OF VOLUNTARY ESCROW

The issue of the shares below was approved by shareholders at the Annual General Meeting on 28 August 2014. They were issued to a director, to an entity associated with a director and to an entity associated with an ex director of the company.

These 6,854,166 shares will be released from voluntary escrow on 19 January 2015:

Shares to be released
Shareholder from Escrow on 19 January 2015
Bodhi Svaha Holdings Limited 2,333,333
Mr Christopher David Castle 2,333,333
Inner Mongolia Ao Meng Xin Economic and Trade Co., Ltd 2,187,500
6,854,166

King Solomon Mines Limited

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Stephen McPhail Managing Director

ARBN 122 404 666

King Solomon Mines Limited