Resolutions of General Meeting and Scheme Meeting

2 October 2019

MOD Resources Limited

("MOD" or the "Company")

Resolutions of the General Meeting and Scheme Meeting

MOD Resources Ltd, (ASX/LSE: MOD) the copper exploration and development company focused on the central Kalahari Copper Belt in Botswana, confirms that it has submitted to the National Storage Mechanism a copy of the resolutions passed at the General Meeting and at the Scheme Meeting of its shareholders on 1 October 2019.

A copy of the resolutions passed has been submitted to the National Storage Mechanism and will be available for inspection (subject to securities laws) at www.morningstar.co.uk/uk/NSM.

The full PDF version of the resolutions passed is available on the Company's website at: https://www.modresources.com.au/announcements.

-ENDS-

For and on behalf of the Board.

Julian Hanna Mark Clements

Managing Director Executive Chairman and Company Secretary

Jeff Sansom Jos Simson / Emily Moss (UK PR & IR)

Investor Relations Tavistock

+61 9322 8233 +44 207 920 3150

[email protected] [email protected] 

Subscribe at: www.modresources.com.au

About MOD Resources

MOD Resources Ltd (ASX/LSE: MOD) is a dual listed copper exploration and development company with a dominant land position within the Kalahari Copper Belt in Botswana. The Company is focussed on developing the 100% MOD owned T3 Copper Project, which has potential to be a high-margin, low-cost copper mine. In parallel with the progressing towards the development of the T3 Copper Project, MOD has undertaken substantial exploration programs across several priority drill targets and within untested areas of interesting and potentially significant Electromagnetic and Cu-Zn soil anomalies.

MOD and its in-country operating companies Tshukudu Metals Botswana (Pty) Ltd and Tshukudu Exploration (Pty) Ltd have a social licence to operate within Botswana as well as within the host community of Ghanzi. MOD continues to work collaboratively with Government regulators and members of the Ghanzi District community to ensure that any social investments and developments are targeted to create a positive and lasting legacy.

On 25 June 2019, the Company announced Sandfire Resources had made an offer to acquire 100% of MOD shares by way of a Scheme of Arrangement and on 1 October 2019, MOD shareholders approved the transaction at a General Meeting and a Scheme Meeting.