Cleansing Notice

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30 March 2015

Company Announcements OfficeAustralian Securities Exchange20 Bridge StreetSydney NSW 2000

Dear Sir/Madam

Issue of 123,900,576 Shares - Cleansing Notice

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

We refer to the placement of 103,855,318 fully paid ordinary shares (Shares) at an issue price of A$0.006 (£ 0.003) per Share with attached 103,855,318 new options (Placement) by Metminco Limited ACN 119 759 349 (ASX: MNC) (Company) on 20 February 2015 to raise approximately A$623,000, and the issue of 20,045,258 Shares at an issue price of approximately A$0.006 per Share in lieu of employee termination payments.

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

Level 6, 122 Walker Street

North Sydney NSW 2060

Australia

t (612) 9460 1856

f (612) 9460 1857

Metminco Limited

ACN 119 759 349