Management Changes 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”) Management Changes Tawana Resources NL (ASX: TAW) (Tawana) announces that Mr Michael Naylor will step down as Executive Director, Chief Financial Officer and Company Secretary of the Company, effective close of business on 31 October 2017. Mr Naylor has been a part-time consultant to Tawana since January 2014. Given the advanced nature of the Bald Hill Lithium and Tantalum Mine and the workload associated with bringing the mine into production by the first quarter of 2018, the Company has decided to engage a full time Chief Financial Officer. Mr Craig Hasson, the Company’s Commercial Manager will assume an interim CFO position until the executive search to appoint a new CFO, which is currently underway, has been completed. Managing Director Mark Calderwood said: “On behalf of the Board and management I wish to extend my thanks and gratitude to Michael for his contribution and commitment. Michael has played an integral part in transitioning Tawana from a West African iron ore exploration company to a fully funded lithium developer. We look forward to building on what the team has achieved in last 12 months as the company progresses to become a lithium producer in the first quarter of 2018.” 27 October 2017 Sponsor PricewaterhouseCoopers Corporate Finance (Pty) Ltd Date: 27/10/2017 08:44:00 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.