Update on Signature Gold & Bass Funds Received

21 March 2016

Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR).

StratMin Global Resources Plc

("StratMin" or the "Company")

Update on Signature Gold Limited and Funds Received from Bass

Further to the announcement of 2 February 2017 (the "Announcement"), the Company is pleased to confirm that Signature Gold Limited ("Signature") has today sent details of the proposed scheme of arrangement (under Australian law) to its shareholders in order to facilitate the proposed acquisition of Signature by StratMin (the "Scheme"). Details of the Scheme can be viewed on Signature's website at http://www.signaturegold.com.au. As stated in the Announcement, the acquisition of Signature by StratMin will be subject to the publication of a new AIM Admission Document, approval by the Company's shareholders at a general meeting and admission to trading on AIM of the shares of the enlarged group (the "Transaction"). The Transaction will be accompanied by a fundraising of new equity. 

The Company can also confirm receipt of the A$1.185 million (circa £734,000) from Bass Metals Limited ("Bass") under the early settlement agreement, in accordance with the announcement of 7 March 2017. 

The Company will issue a further statement if and when appropriate.

For further information please visit www.stratminglobal.com or contact: