ABN: 48 124 943 728

Suite 1, 6 Richardson Street

P: +61 (0)8 9226 0866

West Perth 6005 Western Australia

info@myanmarmetals.com.au

PO Box 1559

www.myanmarmetals.com.au

West Perth 6872 Western Australia

22 February 2018

ARGONAUT APPOINTED AS FINANCIAL ADVISER FOR THE

BAWDWIN CONCESSION

Myanmar Metals Limited (ASX: MYL) (Myanmar Metals or the Company) is pleased to announce that it has appointed Argonaut as its exclusive financial adviser.

Argonaut will assist the Company in delivering the optimal funding package for the option exercise and the future development of the Bawdwin Concession.

Argonaut are a specialist natural resources financial adviser with offices in Hong Kong and Perth with significant experience in international equity, debt and hybrid financing, having completed transactions totalling over $10 billion since 2007.

Argonaut's presence and network in Asia as well as long term experience working on Asian related transactions ideally places them to support our Bawdwin Concession funding discussions which are underway.

Commenting on the appointment of Argonaut, Myanmar Metal's Chairman and CEO, John Lamb said

"I am delighted that we have partnered with Argonaut. They provide the depth of experience, international presence and track record that will be critical to support the financing of the Bawdwin mine back into production."

For further information visithttps://myanmarmetals.com.au/ or please contact:

John Lamb

Greg Southee

Chairman and Chief Executive Officer

Head of Asia

Myanmar Metals Limited

Argonaut Securities (Asia) Limited

Tel: +61 400 165 078

Tel: +852 3557 4888

Email:j.lamb@myanmarmetals.com.au

Email:gsouthee@argonaut.com

Myanmar Metals Ltd. published this content on 22 February 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 22 February 2018 16:56:11 UTC.

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