Wanguo International Mining : Further Extension of Longstop Date in relation to Second Subscription of New Shares under General Mandate

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

This announcement appears for information only and does not constitute an invitation or offer to acquire, purchase or subscribe for any securities of the Company.

Wanguo International Mining Group Limited 萬國國際礦業集團有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 3939)

FURTHER EXTENSION OF LONGSTOP DATE IN RELATION TO

SECOND SUBSCRIPTION OF NEW SHARES

UNDER GENERAL MANDATE

References are made to the announcement dated 3 November 2017 (the "Announcement") and the announcements dated 24 November 2017 and 18 December 2017 of Wanguo International Mining Group Limited (the "Company") in respect of the Subscriptions of new Shares under the General Mandate. Unless the context otherwise requires, capitalised terms used herein shall have the same meanings as defined in the Announcement.

As the Subscriber requires additional time for obtaining necessary updated approvals from the relevant PRC government bureaus for remitting foreign currency payment for the Second Subscription due to the extension of time for completion of the Second Subscription, the parties to the Subscription Agreement entered into a second supplemental agreement dated 31 January 2018 pursuant to which the parties agreed to extend the latest date for fulfilment of the conditions precedent of the Second Subscription set out in the Subscription Agreement to 28 February 2018 (or any later date to be agreed in writing by the parties).

Save as the aforesaid, all terms and conditions of the Subscription Agreement shall remain unchanged.

The completion of the Second Subscription is subject to the satisfaction of the conditions under the Subscription Agreement, and may or may not proceed. Shareholders and potential investors are advised to exercise caution when dealing in Shares.

By Order of the Board

Wanguo International Mining Group Limited

Gao Mingqing

Chairman

Hong Kong, 31 January 2018

As at the date of this announcement, the Board comprises Mr. Gao Mingqing (Chairman), Ms. Gao Jinzhu, Mr. Xie Yaolin and Mr. Liu Zhichun as executive Directors; Mr. Li Kwok Ping and Mr. Lee Hung Yuen as non-executive Directors; and Dr. Lu Jian Zhong, Mr. Qi Yang and Mr. Shen Peng as independent non-executive Directors.