Cleansing Notice

.

9 November 2015

Company Announcements OfficeAustralian Securities Exchange20 Bridge StreetSydney NSW 2000

Dear Sir/Madam

Issue of 257,052,186 Shares - Cleansing Notice

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

On 9 November 2015, Metminco Limited (the Company) issued 250,000,000 fully paid ordinary shares (Shares) in accordance with a placement of securities to sophisticated and professional investors and 7,052,186 Shares in lieu of consulting fees which was announced to the market on 9 November 2015.

Accordingly the Company gives notice under section 708A(5)(e) of the Corporations Act 2001 (Cth) (the "Corporations Act") that:

1. the abovementioned ordinary shares were issued without disclosure to investors under Part 6D.2 of the Corporations Act;

2. as at the date of this notice the Company has complied with:

(a) the provisions of Chapter 2M Corporations Act as they apply to the Company; and

(b) section 674 Corporations Act; and

3. as at the date of this notice there is no "excluded information" (as defined in subsection 708A(7) of the Corporations Act) which is required to be disclosed by the Company.

Yours faithfully

Metminco Limited

Philip Killen

Company Secretary