AuKing Mining Limited Prospectus

Indicative Timetable Event Date Prospectus lodged with ASIC and ASX 9 March 2021 Public Offer Opening Date 10 March 2021 Notice of Meeting given to Shareholders* 18 March 2021 General Meeting to consider the Approval Resolutions* 16 April 2021 Public Offer Closing Date 23 April 2021 Issue of Offer Securities under Prospectus 27 April 2021 Completion of the KP Transaction 28 April 2021 Dispatch of Holding Statements 28 April 2021 Expected date for re-quotation of the Company’s Shares (and quotation of the Offer Options) on the ASX (subject to satisfaction of Chapters 1 and 2 of ASX Listing Rules) 29 April 2021 * Note – these dates are dependent upon review of the Notice of Meeting by ASIC pursuant to section 218 of the Corporations Act . Shareholders should note this is an indicative date for the General Meeting only and the General Meeting has not yet been convened. This timetable is indicative only. The Company reserves the right to vary the dates, which includes closing the Public Offer early or extending the close of the Public Offer, without notifying any recipients of the Prospectus or any Applicants subject to the Corporations Act , the Listing Rules and other applicable laws. Investors are encouraged to submit their Application Forms as soon as possible after the Public Offer opens. Furthermore, dates are dependent upon Completion, and as such, satisfaction of all KP Transaction Conditions, which includes ASX providing the Conditional Approval. Accordingly, the proposed dates are merely indicative and subject to a number of factors outside the control of the Company. Key Offer statistics Public Offer Public Offer Price $0.20 Shares available under the Public Offer 1 30,000,000 Total proceeds from the Public Offer 1 $6,000,000 before expenses Shares on issue prior to the Public Offer 2 4,662,923 Long Term Convertible Notes Shares to be issued 3, 4 3,553,333 Short Term Convertible Note Shares to be issued 3, 4 6,250,000 JCHX Repayment Shares to be issued 3, 5 7,500,000 Shares to be issued to the Existing Directors in lieu of unpaid directors’ fees and salaries 6 2,519,930 Shares to be issued to certain employees of the Company in lieu of unpaid salaries 6 615,690 Lead Manager success fee Shares 7 187,500 Total number of Shares on issue following the Public Offer 8, 10 55,289,376 Indicative market capitalisation of the Company at the Offer Price 9 $11,057,875 Brokerage fees associated with the Public Offer 7 $600,000 Estimated costs of the Public Offer (excluding brokerage) $400,000 Notes: 1. Assuming the Minimum Subscription under the Public Offer is achieved and that no Oversubscriptions are issued. If the Maximum Subscription is raised, a further $1,000,000 will be raised by the Public Offer through the issue of an additional 5,000,000 Shares. 2. Based on the number of Shares on issue as at the date of this Prospectus and assuming the existing Shares are consolidated on a 200:1 basis (subject to rounding), which is subject to shareholder approval. 3. Some of the Shares issued upon conversion of the Long Term Convertible Notes, Short Term Convertible Notes and in repayment of the JCHX Loan may be classified as Restricted Securities (see Sections 2.12 and 13.7). 4. Details of the Long Term Convertible Notes are set out in Section 12.10 and details of the Short Term Convertible Notes are set out in Section 12.11. Key Offer Statistics and Important Dates 4