AuKing Mining Limited Prospectus

Topic Summary For more information Proposed Senior Management (Paul Williams, Paul Marshall and Garry Johnston) Executive service agreements. Subject to the Approval Resolutions being passed, the following shares will be issued to the proposed senior management: 1. 1,614,445 Shares to Mr Williams on conversion of the Williams Convertible Note and in lieu of unpaid salaries and entitlements; and 2. 262,170 Shares to Mr Marshall in lieu of unpaid service fees and entitlements. Lead Manager Fees for services Subject to the Approval Resolutions being passed, 187,500 Shares will be issued to the Lead Manager as part payment of fees. Advisers and other service providers Fees for services Existing Shareholders Retained interest in the Company on completion of the Public Offer. Sections 10.4, 12.5, 12.6 and 12.7 Section 12.4 Section 13.11 Section 3.3 Are there any significant related party transactions associated with the KP Transaction? The earn-in of an interest by the Company in the Koongie Park Project does not directly involve any related parties. However, a number of the Approval Resolutions involve related parties, namely: – the issue of the JCHX Repayment Shares to JCHX in satisfaction of the Company’s obligation to repay the moneys owing under the JCHX Loan; – the payment of outstanding non-executive directors’ fees by way of the issue of Shares; – the payment of outstanding salaries by way of the issue of Shares; – the conversion of the Related Party Convertible Notes. Each of these matters are included in the Approval Resolutions. The Board considered that the issue of the Related Party Convertible Notes and the JCHX Loan were on arm’s length terms and accordingly shareholder approval was not required. Sections 10.8 AuKing Mining Limited | PROSPECTUS 27