Cleansing notice

20 February 2015

Company Announcements OfficeAustralian Securities Exchange20 Bridge StreetSydney NSW 2000

Dear Sir/Madam

Issue of 75,335,833 Shares - Cleansing Notice

Notification Pursuant to Paragraph 708A(5)(e) of the Corporations Act 2001 (Act).

We refer to the placement of 75,335,833 fully paid ordinary shares (Shares) at an issue price of A$0.006 (£ 0.003) per Share with attached 75,335,833 new options (Placement) by Metminco Limited ACN 119 759 349 (ASX: MNC) (Company) on 20 February 2015 to raise approximately A$452,015.

Cleansing Notice

In making the Placement, the Company relies on section 708A(5) of the Act and notifies the ASX under section 708A(5)(e) that:

(a) the Company issued the Shares without disclosure to investors under Part 6D.2 of the Act;

(b) the Company is providing this notice under section 708A(5)(e) of the Act;

(c) as at the date of this notice, the Company has complied with the provisions of Chapter 2M of the Act as they apply to the Company, and section 674 of the Act; and

(d) as at the date of this notice there is no information:

(i) that has been excluded from a continuous disclosure notice in accordance with the ASX Listing Rules; and

(ii) that investors and their professional advisors would reasonably require for the purpose of making an informed assessment of:

(A) the assets and liabilities, financial position and performance, profits and losses and prospects of the Company; or

(B) the rights and liabilities attached to the Shares.

Metminco Limited

Philip Killen

Company Secretary