AuKing Mining Limited Prospectus

AuKing Mining Limited Solicitor’s Report on Tenements HopgoodGanim Lawyers Page 32 of 46 Ngarrawanji Native Title Heritage Agreement 8.5 There is a Native Title, Heritage Protection and Mineral Exploration Agreement for Ngarrawanji Lands between KLC and AAR dated 3 December 2018 ( Ngarrawanji Native Title Heritage Agreement ). The Tenements the subject of this agreement are show in Schedule 1. 8.6 Under the Ngarrawanji Native Title Heritage Agreement, the claim group agreed to the grant of certain tenement applications by AAR. The Ngarrawanji Native Title Heritage Agreement provides for AAR’s use of the area overlapping the land the subject of the Ngarrawanji group and provides an agreed procedure for AAR to carry out exploration on the tenements in consideration for certain benefits provided to the Koonjie-Elvire traditional owners under the agreement. 9. Assumptions and qualifications 9.1 In relation to the Western Australian tenure, we have made the following assumptions in the preparation of this Solicitor’s Report: (a) our investigations were confined to the Searches unless otherwise specified. We note that this Solicitor’s Report is accurate and complete only to the extent that the information resulting from these Searches was correct as at the date that the searches were conducted; (b) there have been no material changes in the standing of the Tenements since the dates of our Searches; (c) the Ministers administering the relevant Acts mentioned by this Solicitor’s Report and each of their delegates have been validly appointed, have acted within the scope of their power, authority and discretion in granting the Tenements and are able and willing to grant any required consents and approvals under relevant legislation; (d) the authenticity of all signatures and seals and of any duty stamp or marking; (e) the effectiveness, accuracy, completeness and conformity to originals of all copy documents submitted to us; (f) that the documents are within the capacity and powers of, and have been validly authorised, executed, duly stamped (where required) and delivered by and are binding on the parties to them; (g) that there are no defaults or contraventions under any agreement or instrument (other than those set out in this Solicitor’s Report) which have led or will lead to litigation or have other adverse consequences; (h) that all relevant authorisations were obtained in all relevant jurisdictions prior to all transactions reviewed being entered into and were in full force and effect at all material times and that all obligations under those authorisations have been observed at all times; (i) other than where we have indicated more information is required, that there were no documents other than those which were disclosed to us which related to the issues which we examined; (j) the constitutional validity of all relevant legislation; (k) that the registered holder of a Tenement has valid legal title to the Tenement; AuKing Mining Limited | PROSPECTUS 187