Issue of Shares

20 December 2016

Harvest Minerals Limited

("Harvest", "HMI" or the "Company")

Issue of Shares

The Company announces that in accordance with the mineral rights purchase and sale agreement dated 11 June 2015 (as amended on 6 July 2015) entered into between (1) Triunfo Mineracao do Brasil Ltda (the Company's wholly owned subsidiary), (2) KMINE Holding Ltd, and (3) the Company (as a consenting party) relating to the acquisition of the Sergi Potash Project (the "Sergi Potash Project Agreement"), the Company has issued 3,000,000 Shares each to KMINE Holding Ltd and Americas Investments & Participation Limited (the "Consideration Shares").

Application has been made to the London Stock Exchange for the admission to trading on AIM ("Admission") of the Consideration Shares and it is expected that Admission will take place at 8 a.m. on 23 December 2016.

For further information on the Sergi Potash Project Agreement, please refer to the Company's AIM Admission Document (published on 2 September 2015), which is available on the Company's website at www.harvestminerals.net 

Total Voting Rights

Following Admission, the Company will have 105,355,089 Shares on issue. The Company holds no shares in treasury. Shareholders should therefore use the figure of 105,355,089 as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company, under the FCA's Disclosure and Transparency Rules.

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