Minemakers Limited: Incentive Structure for Advisors

PERTH, AUSTRALIA--(Marketwired - July 29, 2015) - Pursuant to ASX release dated 29 June, 2015 Minemakers Limited (ASX:MAK)(TSX:MAK) confirms it has issued unlisted options, as shown in the attached Appendix 3B, to joint advisors Foster Stockbroking Pty Limited and EAS Advisors, as incentive remuneration for services. The details of the unlisted options issued are as follows:

• 3,000,000 unlisted options with a vesting price of $0.12, exercise price of $0.10 and expiry 30 June 2018
• 3,000,000 unlisted options with a vesting price of $0.18, exercise price of $0.15 and expiry 30 June 2018
  
• 3,000,000 unlisted options with a vesting price of $0.25, exercise price of $0.25 and expiry 30 June 2018

Cliff Lawrenson, Managing Director

ABN 48 116 296 541