Second offtake prepayment received Tawana Resources NL (Incorporated in Australia) (Registration number ACN 085 166 721) Share code on the JSE Limited: TAW JSE ISIN: AU0000TAWDA9 Share code on the Australian Securities Exchange Limited: TAW ASX ISIN: AU000000TAW7 (“the Company” or “Tawana”) Second offtake prepayment received Tawana Resources NL (ASX: TAW) is pleased to announce it has received the second payment of $4,375,000 which forms part of the lithium concentrate offtake agreement (Refer to ASX announcement of 26 April 2017) from a subsidiary of Burwill Holdings Ltd (Burwill), a company listed on the main Board of The Stock Exchange of Hong Kong Limited (stock code 0024). Burwill has committed a prepayment totalling $12,500,000, of which $8,125,000 has been received by Tawana with the final instalment due on 15 September 2017. The terms of the prepayment are: • The funds are to be used towards the capital and operational costs of the Bald Hill Project. • Is interest free and to be repaid from 20% of each lithium concentrate shipment until the prepayment has been repaid. For further information please contact: Mark Calderwood Managing Director Tawana Resources NL Telephone +61 8 9489 2600 17 July 2017 Sponsor PricewaterhouseCoopers Corporate Finance (Pty) Ltd Date: 17/07/2017 08:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.