AuKing Mining Limited Prospectus

12.6 Service Agreement – Ian Hodkinson (Proposed Senior Geological Consultant) The Company has entered into a consultancy agreement dated 16 February 2021 with Cornubian Resources Pty Ltd (ACN 160 061 718), an entity associated with the proposed senior geological consultant Ian Hodkinson ( Hodkinson Consultancy Agreement ). The Hodkinson Consultancy Agreement provides that Cornubian will procure the services of Mr Hodkinson in the role of Senior Geological Consultant of the Company. The agreement does not make Mr Hodkinson an employee of the Company. Under the terms of the Hodkinson Consultancy Agreement, Cornubian will receive consultancy fees calculated on a service rate of $1350.00 per day plus GST. The Company is also obliged to reimburse Cornubian for certain reasonable expenses including travel and accommodation incurred in the provision of the services. The Hodkinson Consultancy Agreement has a minimum term of 12 month unless the agreement is terminated. The Hodkinson Consultancy Agreement may be terminated by the Company immediately with cause (on the grounds of inappropriate conduct) and by either party with one (1) months’ notice (without cause). 12.7 Service Agreement – Garry Johnston (Proposed Technical Development Manager) The Company has entered into a service agreement dated 8 March 2021 with Domani Metals Pty Ltd (ACN 648 086 999) ( Domani ) and Garry Johnston (J ohnston Services Agreement ). The Johnston Services Agreement will commence immediately upon the Re-admission Date and provides that Domani (with Johnston) shall fulfil the position of Technical Development Manager of the Company. Specifically, Domani shall procure that Johnston will direct and supervise the Company’s metallurgical test work programme on the Koongie Park Project, in particular the oxide and transition ores at the Onedin deposit. Domani (with Johnston) will provide the services contemplated under the Johnston Services Agreement on approximately a fulltime basis and as and when reasonably requested to do so. Under the Johnson Services Agreement, Mr Johnston will be paid an annual remuneration (inclusive of superannuation) of $220,000 per annum. The Company is also obliged to reimburse Domani for certain reasonable expenses including travel and accommodation incurred in the provision of the services. The Johnston Services Agreement operates for an initial two (2) year period unless it is terminated. If Domani and Johnston have complied with the terms of the agreement, the agreement will automatically extend if the Company elects to proceed for a further 12 months under the Koongie Park Earn-In. The Company may terminate the Johnston Services Agreement by giving Domani three (3) months prior notice of termination if the Company’s circumstances change in respect of the focus of project activity (i.e. the Company no longer wishes to proceed with the Koongie Park Project) or where it is no longer viable or feasible for Domani to provide the services. Domani may terminate the Johnston Service Agreement by giving the Company 3 months’ prior notice in writing of its intention to terminate the agreement. The Company may, at its sole discretion, terminate the Johnston Service Agreement if Domani or Johnston (among other things), as the case may be: a. beaches any term of the Johnston Service Agreement; b. misappropriates any property of the Company; c. is wound up or is placed into external administration; d. fails for any reason to fulfil the duties of the position for a period longer than twenty (20) consecutive days; or e. is guilty of gross mismanagement of the assets of the Company. Domani has agreed to indemnify the Company against all claims, actions or loss suffered as a result of the intentional or negligent acts and omissions by Domani in the performance of the services contemplated under the Johnston Services Agreement. The Company has agreed to indemnify Domani against all claims, actions or loss suffered as a result of the intentional or negligent acts and omissions of the Company in connection with the conduct by the Company in respect of the business conduct by the Company. AuKing Mining Limited | PROSPECTUS 235