METRO

MINING

LIMIT ED Notice of 2017

Annual General Meeting

Explore | Define | Mine

2

Contents

A message from our Chairman 3 Notice of Meeting 6

Explanatory Memorandum 8

Notice of Annual General Meeting

Metro Mining Limited ACN 117 763 443 | ASX: MMI

Notice is given that the Annual General Meeting of Metro Mining Limited will be held at:

Location: Office of McCullough Robertson Lawyers, Level 11, 66 Eagle Street,

Brisbane QLD 4000

Date: 21 November 2017

Time: 11.00am AEST

A Message from our Chairman

Dear Shareholder,

It is my pleasure to invite you to Metro Mining's 2017 Annual General Meeting (AGM) on Tuesday 21 November 2017. It will be held at the offices of McCullough Robertson Lawyers, Level 11, 66 Eagle Street, Brisbane, Queensland and will commence at 11am with shareholder registration opening at 10.30 am.

A key purpose of the AGM is to allow shareholders to vote on important matters. With the endorsement of the Board, we will be seeking your voting contribution to the following resolutions:

  1. Directors' remuneration report

  2. Re-election of Mr Philip Hennessy

  3. Re-election of Mr Lindsay Ward

  4. Re-election of Mr Jijun Liu

  5. Change of Auditor

6(a). Ratification of approval of issue of Warrants 6(b). Ratification of approval of Options to Argonaut

  1. Approval to issue securities under amended Employee Incentive Plan

  2. Approval of additional 10% capacity to issue Shares under Listing Rule 7.1A

In addition to voting, Metro Mining's Managing Director and CEO, Mr Simon Finnis, will be making a presentation to shareholders. The Managing Director's presentation and results of voting at the AGM will be released to the ASX and available on our website at www.metromining.com.au

Instructions on how to lodge your vote, or appoint a proxy to vote on your behalf if you're unable to attend, are on the Proxy form enclosed with this Notice of Meeting.

You can also register your voting intentions online, or appoint a proxy to do so on your behalf, via our share registry at www.linkmarketservices.com.au

As the AGM is the Board's opportunity to hear directly from shareholders, you will be given an opportunity to ask questions during the AGM or at the end during refreshments.

The Board and Senior Management Team look forward to meeting you and I look forward to seeing you there.

Yours faithfully,

Stephen Everett

Chairman

Metro Mining Limited

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Bankable Feasibility Study - Key Financial Results

Initial capital cost A$35.8 million

(including 10% contingency)

Average annual Earnings Before Interest Tax Depreciation and Amortisation (EBITDA) A$145 million

After tax Net Present Value (NPV) A$601 million

After tax Internal Rate of Return (IRR) 81%

Metro Mining Limited published this content on 19 October 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 19 October 2017 00:10:02 UTC.

Original documenthttp://www.metromining.com.au/media/1731/20171019-agm-notice-of-meeting.pdf

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