Wolf Minerals : Cleansing Notice - 29 July 2016

T +61 8 6364 3776 Level 3, 22 Railway Road

F +61 8 6316 3357 Subiaco WA 6008

E admin@wolfminerals.com.au PO Box 2182 Subiaco WA 6008

www.wolfminerals.com.au

The Manager

Company Announcements Office ASX Limited

Level 6, 20 Bridge Street

SYDNEY NSW 2000

29 July 2016

Further to the Appendix 3B announcement today, Wolf Minerals Limited ("the Company") announces that it has issued 538,039 fully paid ordinary shares of no par value ("the Shares") on 29 July 2016.

Application will be made for the 538,039 Shares to be admitted to trading on the AIM Market of the London Stock Exchange and on the Australian Securities Exchange ("ASX") ("Admission"). Admission to trading on the AIM Market of the London Stock Exchange is expected to become effective on 3 August 2016. The Shares will rank pari passu with the Company's existing Shares.

Following Admission, the number of ordinary shares in issue and admitted to trading on AIM and the ASX will be 1,083,425,747.

The Shares are part of a class of securities quoted on the Australian Securities Exchange. The Corporations Act 2001 ("the Act") restricts the on-sale of securities issued without disclosure, unless the sale is exempt under Section 708 or 708A of the Act. By giving this notice, sale of the Shares will fall within the exemption in Section 708A(5) of the Act.

The Shares were issued without disclosure to investors under Part 6D.2 of the Act, in reliance on Section 708A(5). The Company gives this notice pursuant to Section 708A(5)(e) of the Act.

The Company, as at the date of this notice, has complied with:

1. the provisions of Chapter 2M of the Act as they apply to the Company; and

2. Section 674 of the Act.

As at the date of this notice, there is no excluded information for the purposes of Section 708A(7) or 708A(8) of the Act.

Yours faithfully Pauline Carr

Joint Company Secretary