Auris Minerals : Appendix 3B – AUROA

Appendix 3B

Rule 2.7, 3.10.3, 3.10.4, 3.10.5

New issue announcement, application for quotation of additional securities and agreement

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Introduced 01/07/96 Origin: Appendix 5 Amended 01/07/98, 01/09/99, 01/07/00, 30/09/01, 11/03/02, 01/01/03, 24/10/05, 01/08/12, 04/03/13

Name of entity

AURIS MINERALS LIMITED

ABN

77 085 806 284

We (the entity) give ASX the following information.

Part 1 - All issues

You must complete the relevant sections (attach sheets if there is not enough space).

Fully paid ordinary shares

1 +Class of +securities issued or to be issued

242,027 Fully paid ordinary shares

1. Number of +securities issued or to be issued (if known) or maximum number which may be issued

   Fully paid ordinary shares

2. Principal terms of the

   +securities (e.g. if options, exercise price and expiry date; if partly paid +securities, the amount outstanding and due dates for payment; if

   +convertible securities, the conversion price and dates for conversion)

   + See chapter 19 for defined terms.

   04/03/2013 Appendix 3B Page 1

   Yes, the shares rank equally with the fully paid ordinary shares currently on issue.

3. Do the +securities rank equally in all respects from the +issue date with an existing +class of quoted +securities?

   If the additional +securities do not rank equally, please state:

   • the date from which they do

   • the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment

   • the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment

     $0.08 per share

4. Issue price or consideration

   Issued pursuant to the exercise of $0.08 options, expiring 20 September 2017 (AUROA).

5. Purpose of the issue

(If issued as consideration for the acquisition of assets, clearly identify those assets)

Yes

6aIs the entity an +eligible entity that has obtained security holder approval under rule 7.1A?

If Yes, complete sections 6b - 6h in relation to the +securities the subject of this Appendix 3B, and comply with section 6i

25 November 2016

6b The date the security holder resolution under rule 7.1A was passed

N/A

6c Number of +securities issued without security holder approval under rule 7.1

N/A

6d Number of +securities issued with security holder approval under rule 7.1A

Nil

6e Number of +securities issued with security holder approval under rule 7.3, or another specific security holder approval (specify date of meeting)

242,027 Fully paid ordinary shares

6f Number of +securities issued under an exception in rule 7.2

N/A

6g If +securities issued under rule 7.1A, was issue price at least 75% of 15 day VWAP as calculated under rule 7.1A.3? Include the

+issue date and both values. Include the source of the VWAP calculation.

N/A

6h If +securities were issued under rule 7.1A for non‐cash consideration, state date on which valuation of consideration was released to ASX Market Announcements

Refer Annexure 1

6i Calculate the entity's remaining issue capacity under rule 7.1 and rule 7.1A - complete Annexure 1 and release to ASX Market Announcements

4 September 2017
Number	+Class
382,798,408	Fully paid ordinary
shares
49,201,185	Listed options expiring
20 September 2017,
exercisable at $0.08
49,776,458	Listed options expiring
	20 June 2018,
	exercisable at $0.12

7 +Issue dates

Note: The issue date may be prescribed by ASX (refer to the definition of issue date in rule 19.12). For example, the issue date for a pro rata entitlement issue must comply with the applicable timetable in Appendix 7A.

Cross reference: item 33 of Appendix 3B.

8 Number and +class of all

+securities quoted on ASX (including the +securities in section 2 if applicable)

+ See chapter 19 for defined terms.

04/03/2013 Appendix 3B Page 3

Number	+Class
2	Convertible Notes with
a face value of $20,000,
expiring 1 July 2018
600,000	Options expiring
15 September 2017,
exercisable at $1.25
300,000	Options expiring
9 November 2017,
exercisable at $3.00
600,000	Options expiring
31 January 2018,
exercisable at $0.15
6,000,000	Options expiring
20 September 2018,
exercisable at $0.12
1,480,000	Options expiring
3 October 2018,
exercisable at $0.60
2,500,000	Options expiring
	8 October 2019,
	exercisable at $1.30
The Company does not currently have a dividend policy.

1. Number and +class of all

   +securities not quoted on ASX (including the +securities in section 2 if applicable)

2. Dividend policy (in the case of a trust, distribution policy) on the increased capital (interests)

   Part 2 - Pro rata issue

   N/A

3. Is security holder approval required?

   N/A

4. Is the issue renounceable or non‐ renounceable?

   N/A

5. Ratio in which the +securities will be offered

N/A

14 +Class of +securities to which the offer relates

N/A

15 +Record date to determine entitlements