Magnetic Resources NlASX: MAU

Purchase Agreement Signed and $500,000 Received

Nov 28, 2017 at 11:57 AM UTC · Issued by Magnetic Resources Nl

ASX Release ASX code: MAU 28 November 2017

Level 1 44A Kings Park Road

PO Box1388

West Perth WA 6872 Telephone 08 9226 1777 www.magres.com.au

PURCHASE AGREEMENT SIGNED AND $500,000 RECEIVED

Magnetic Resources NL is pleased to announce that it has received $500,000 after completion occurred for its Iron Ore Projects (Fig 1). Please refer to ASX Release announced on 13 November 2017.

Figure 1. Magnetic Resources NL Iron Ore Projects and Areas of Mutual Interest.

Magnetic Resources is now well funded to test its Hawks Nest, Mt Jumbo East, Mertondale and Christmas Well Projects.

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

ABN34 121 370 232

George Sakalidis Managing Director Phone (08) 9226 1777

Mobile 0411 640 337

Email george@magres.com.au