Magnetic Resources NL : Notice under Section 708A5(E)

ASX Release ASX code: MAU 7 September 2017 NOTICE UNDER SECTION 708A(5)(E) CORPORATIONS ACT

Level 1 44A Kings Park Road West Perth WA 6005

PO Box1388

West PerthWA 6872

Telephone [phone] www.magres.com.au

ABN34 121 370 232

On 7 September 2017, the Company issued a total of 5,278,696 fully paid ordinary shares to investors as announced on 29 August 2017.

Accordingly the Company gives notice under section 708A(5)(e) of the

Corporations Act 2001 (Cth) (the "Corporations Act") that:

the abovementioned ordinary shares were issued without disclosure to investors under Part 6D.2 of the Corporations Act;

1. as at the date of this notice the Company has complied with:

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

3. section 674 Corporations Act; and

4. as at the date of this notice there is no "excluded information" (as defined in subsection 708A(7) of the Corporations Act) which is required to be disclosed by the Company.

5. For more information on the company visit www.magres.com.au

   George Sakalidis Managing Director Phone [phone]

   Email [e-mail]