Release of Shares in Escrow 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”) Release of Shares from Escrow Pursuant to ASX Listing Rule 3.10, Tawana Resources NL (ASX: TAW) advises that 50,000,000 ordinary shares were released from escrow on 02 January 2018 as follows: • Chalmsbury Nominees Pty Ltd – 18,750,000 fully paid ordinary shares; • Corporate & Resource Consultants Pty Ltd – 14,540,000 fully paid ordinary shares • Mr Mark Calderwood – 10,460,000 fully paid ordinary shares • Merriwee Pty Ltd – 6,250,000 fully paid ordinary shares; The issue of the above securities related to the acquisition of Lithco No. 2 Pty Ltd as outlined in the notice of meeting dated 22 November 2016. The shares issued were subject to an escrow period of one year from 30 December 2016. For further information please contact the Company Secretary, Claire O’Brien on +61 8 9489 2600. Yours faithfully Claire O’Brien Joint Company Secretary Detailed information on all aspects of Tawana’s projects can be found on the Company’s website www.tawana.com.au 3 January 2018 Sponsor PricewaterhouseCoopers Corporate Finance (Pty) Ltd Date: 03/01/2018 09:20:00 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.