Issue of Shares and Cleansing Statement Tawana Resources NL (Incorporated in Australia) (Registration number ACN 085 166 721) Share code on the JSE Limited: TAW ISIN: AU000000TAW7 Share code on the Australian Stock Exchange Limited: TAW ISIN: AU000000TAW7 (“the Company” or “Tawana”) Issue of Shares and Cleansing Statement Tawana Resources NL (“Tawana” or the “Company”) advises that it has issued 250,000 fully paid ordinary shares on the exercise of options as per the Appendix 3B released earlier today. With reference to the shares issued in accordance with section 708A(6) of the Corporations Act 2001 (Cth) (Corporations Act), the Company gives notice under paragraph 708A(5)(e) that: 1. The shares were issued without disclosure to investors under Part 6D.2 of the Corporations Act; 2. As at the date of this notice: a. The Company has complied with the provisions of Chapter 2M of the Corporations Act as it applies to the Company; b. The Company has complied with section 674 of the Corporations Act; and c. There is no excluded information within the meaning of sections 708A(7) and 708A(8) of the Corporations Act which is required to be disclosed under section 708A(6)(e) of the Corporations Act. For further information, please contact: Claire O’Brien Company Secretary Tawana Resources NL 11 May 2018 Sponsor PricewaterhouseCoopers Corporate Finance (Pty) Ltd Date: 11/05/2018 10:27:00 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.