Arapua Fertiliser Project Update

20 September 2016

Harvest Minerals Limited

("Harvest" or the "Company")

ARAPUA FERTILISER PROJECT UPDATE

Harvest Minerals Limited ("Harvest" or "the Company") is very pleased to announce that it has appointed Dr. Eduardo Spolidorio to work on product development and marketing for its Maximus Direct Application Natural Fertilizer (DANF) Project, located in the Brazilian state of Minas Gerais.

Dr Spolidorio has been retained as a consultant and will work to develop and implement Harvest's current and future agronomic studies as part of the previously announced work being conducted with the Brazilian Ministry of Agriculture, Livestock and Supply (MAPA). In addition, he will be working with the Company on product optimization and marketing for our planned customer base.

Dr Spolidorio has outstanding credentials including a Masters Degree and Ph.D in Nuclear Energy in Agriculture, with an emphasis on mineral nutrition in plants, and a Bachelors Degree in Agronomic Engineering. In addition, Dr Spolidorio has an extensive career in the fertilizer industry over the past 20 years including 12 years as an Agronomist Engineer with Honeywell and more recently as the Marketing Manager at Verde Fertilizantes.

Executive Chairman of Harvest, Brian McMaster commented, "We are delighted to welcome Dr. Spolidorio to our team at Harvest. Dr. Spolidorio's strong agronomic expertise will complement our current skill set especially as we expand our knowledge and develop products to meet customer demands. Building out our team is an exciting development and we welcome Dr Spolidorio's experience and expertise"

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This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.