AuKing Mining Limited Prospectus

10.3 Independence of Directors Mark Elliott, Ian Hodkinson and Peter Tighe are considered by the Board to be able to fulfil the role of Independent Directors for the purposes of the ASX Corporate Governance Principles and Recommendations (Fourth Edition) on Completion. Mr Yin is not considered by the Board to be able to fulfil the role of Independent Director – due to his senior management role at JCHX (AKN’s largest shareholder). While Mr Hodkinson has agreed to consult to the Company (at a daily rate), is not considered by the Board that this role will be significant or material enough to impact Mr Hodkinson’s independence. 10.4 Management The senior management team of the Company has been assembled to incorporate the required expertise and skills to foster the Company’s corporate and business development. Following Completion, the following will comprise the senior management team of the Company: Paul Williams, Proposed Chief Executive Officer BA, LLB (UQ) (AKN Managing Director since March 2013) Mr Williams holds both Bachelor of Arts and Law Degrees from the University of Queensland and practised as a corporate and commercial lawyer with Brisbane legal firm HopgoodGanim Lawyers for 17 years. He ultimately became an equity partner of HopgoodGanim Lawyers before joining Eastern Corporation as their Chief Executive Officer in August 2004. In mid-2006 Mr Williams joined Mitsui Coal Holdings in the role of General Counsel, participating in the supervision of the coal mining interests and business development activities within the multinational Mitsui & Co group. Mr Williams is well known in the Brisbane investment community as well as in Sydney and Melbourne and brings to the AKN Board a broad range of commercial and legal expertise – especially in the context of mining and exploration activities. He also has a strong focus on corporate governance and the importance of clear and open communication of corporate activity to the investment markets. Mr Williams previously held a non-executive director role with Brisbane Lions AFL Club and has been the Managing Director of AKN since 2013. Garry Johnston, Proposed Technical Development Manager MSc (Dist Mineral Economics, University Medal), BSc Mr Johnston is a highly experienced mineral resources manager and executive with management roles at BHP and Newcrest Mining, and as Managing Director at ASX- listed Sardinia Gold Mines and Tanex Resources. Mr Johnston has broad experience in identifying and managing international natural resource opportunities and advising on corporate strategies. He has also provided advice on all sectors of the resource industry from grassroots exploration through to drill outs, feasibility studies, construction and operations. Specific expertise in assessing opportunities, metallurgical treatment and hydrometallurgy. Co-author of international patents including AmmLeach® and HyperLeach®. Garry has extensive international experience and assessments, including the Australia, South America, Mexico, Canada, Africa and South East Asia and is an expert in alkaline base metal leaching. Paul Marshall, Chief Financial Officer/Company Secretary LLB, ACA (AKN CFO since 2007) Paul Marshall is a Chartered Accountant. He holds a Bachelor of Law degree, and a post Graduate Diploma in Accounting and Finance. He has 35 years professional experience having worked for Ernst and Young for ten years, and subsequently spent 25 years in commercial roles as Company Secretary and CFO for a number of listed and unlisted companies mainly in the resources sector. Mr Marshall has extensive experience in all aspects of company financial reporting, corporate regulatory and governance areas, business acquisition and disposal due diligence, capital raising and company listings and company secretarial responsibilities. AuKing Mining Limited | PROSPECTUS 205