Moly Mines : Shareholder Frequently Asked Questions

Moly Mines Limited ("the Company") will be delisted from the Australian Securities Exchange as at close of trade 21 April 2017 ("the Delisting Date") and will become an unlisted public company. Each shareholder will retain their existing fully paid ordinary shares in the Company which will have the same voting rights and entitlements as prior to delisting. Each shareholder will receive a share certificate in the mail post delisting.

As the Company's shares are currently quoted on ASX, you hold your shares in uncertificated form. After the Delisting Date, your shareholding in the Company - whether CHESS sponsored or issuer sponsored - will be automatically converted into certificated form on the Company's Australian share register, and a share certificate will be posted to your registered address. You are not required to do or pay anything to facilitate this.

The only process for selling your unlisted stock is to locate a willing buyer and transfer the stock via an Off-Market Transfer.

The Transfer Form can be downloaded from Computershare's Investor Centre Website under the Printable Forms link at www.investorcentre.com or a copy of the Form is also available on the Company's website.

You will still be able to view/update your holding details through Computershare's Investor Centre website at www.investorcentre.com. You will need your holder number which can be located on the right hand side of your certificate.

For any further information regarding your shareholding in the Company, you can contact the share register Computershare on 1300 850 505 (within Australia) or +61 3 9415 4000 (Overseas), Monday to Friday 8am to 7pm AEST.

Following delisting, you can change your address through Computershare's Investor Centre website at www.investorcentre.com.

Alternatively you can complete a Change of Address Form and mail to this Computershare for processing. The Change of Address Form including information on how to complete the form and where to mail it, a copy of the Form is available on the Company's website.

If you lose your share certificate, you will need to complete a lost certificate form and send it to Computershare for processing.

The Certificate Replacement Request Form can be downloaded from Computershare's Investor Centre Website under the Printable Forms link at www.investorcentre.com or a copy of the Form is also available on the Company's website.

How will I keep up with Company news?

The Company will continue to communicate with shareholders on a regular basis and all announcements will be posted on the Moly Mines Ltd website (www.molymines.com). Moly remains a Reporting Issuer in Canada and as such, all material information will continue to be released to the market in North America and filed on SEDAR.

We encourage all shareholders to subscribe to our email list which you can do via the homepage on the Company's website.