Issue of Equity

4 July 2018

Wolf Minerals Limited

 ("Wolf" or the "Company")

Issue of Equity

Wolf Minerals Limited announces that on 3 July 2018 a total of 795,918 fully paid ordinary shares of no par value ("the Shares") were issued.

The 795,918 ordinary shares were issued to a former employee upon vesting of performance rights issued in accordance with the Wolf Minerals Limited Performance Rights Plan, as approved by shareholders on 29 November 2016.

Application has been made for the 795,918 Shares to be admitted to AIM and on the Australian Securities Exchange ("ASX") ("Admission"). Admission to trading on AIM of these Shares is expected to become effective on 10 July 2018. The Shares will rank pari passu with the Company's existing Shares.

Following Admission, the number of ordinary shares on issue and admitted to trading on AIM and the ASX will be 1,090,880,251

ENDS

About Wolf Minerals

Wolf Minerals is a dual listed (ASX: WLF, AIM: WLFE) specialty metals producer. In 2015, Wolf Minerals completed the development of a large tungsten resource at its Drakelands Mine, located at Hemerdon, in southwest England.