Sumatra Copper & Gold : Appendix 3B

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

Sumatra Copper & Gold plc

ABN

14 136 694 267

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).

CHESS Depository Interests (CDIs) and underlying fully paid ordinary shares.

1 +Class of +securities issued or to be issued

656,857,593 CDIs and underlying fully paid ordinary shares.

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

   CHESS Depository Interests (CDIs) each representing a beneficial interest in a Fully Paid Ordinary Share.

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 - CHESS Depository Interests (CDIs). Underlying Fully Paid Ordinary Shares are not quoted.

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

     A$0.01 per CDI.

4. Issue price or consideration

   Issue of CDIs at a price of A$0.01 per CDI as announced to ASX on 27 June 2017.

5. Purpose of the issue

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

No.

6a Is 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

N/A.

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

N/A.

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

N/A.

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

N/A.

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

7 July 2017.

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.

Number	+Class
1,941,893,608	CHESS Depository Interests (CDIs)

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
1,941,893,608	Fully paid ordinary
shares underlying
1,941,893,608 CDIs.
17,074,171	Warrants exercisable
at $0.057 each on or
before 7/8/17.
7,000,000	Convertible notes;
	A$0.057; 12/11/2017.
	Note - 1,500,000
	Options exercisable
	at $0.25 expired on
	14/6/17.
	44,260,914 Warrants
	exercisable at $0.06
	lapsed on 7/4/17.

Number and +class of all

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

N/A

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

   Part 2 - Pro rata issue

   N/A

2. Is security holder approval required?

3. Is the issue renounceable or non- renounceable?

4. Ratio in which the +securities will be offered

14 +Class of +securities to which the offer relates

15 +Record date to determine entitlements

16 Will holdings on different registers (or subregisters) be aggregated for calculating entitlements?