CST Mining : LAPSE OF THE SPECIFIC MANDATE (in PDF)

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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

NetMind Financial Holdings Limited

網 智 金 控 集 團 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 985)

LAPSE OF THE SPECIFIC MANDATE

This announcement is made by NetMind Financial Holdings Limited (the ''Company'') pursuant to Rule 13.09(2) of the Listing Rules and the Inside Information Provisions (as defined in the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

Reference is made to the announcements of the Company dated 15 March 2016, 20 April 2016 and 16 May 2016 respectively, and the circular of the Company dated 21 April 2016 (the ''Circular'') in relation to, among other things, the proposed placing of new Shares under the Specific Mandate. Unless otherwise stated, capitalised terms used in this announcement shall have the same meanings as those defined in the Circular.

Having regard to the recent market volatility and conditions, the proposed Placing cannot be completed before the expiry of the Specific Mandate on Thursday, 16 June 2016, and accordingly the Specific Mandate will lapse.

By order of the Board

NetMind Financial Holdings Limited Chiu Tao

Executive Director and Chairman

Hong Kong, 13 June 2016

As at the date of this announcement, the Board comprises (i) Mr. Chiu Tao (Chairman), Mr. Hui Richard Rui, Mr. Lee Ming Tung, Mr. Kwan Kam Hung, Jimmy, Mr. Yeung Kwok Yu, Mr. Tsui Ching Hung and Mr. Chen Weixing as executive directors; and (ii) Mr. Yu Pan, Ms. Tong So Yuet, Ms. Ma Yin Fan and Mr. Leung Hoi Ying as independent non-executive directors.