ASX Announcement

14 October 2020

SUNDANCE NOTEHOLDER APPROVAL OF FURTHER EXTENSION OF AGREEMENT

AustSino Resources Group Ltd ("AustSino" or the "Company") (ASX: ANS) provides the following market update.

The Company announced on 30 September 2020 that it had signed a conditional extension with Sundance Resources Limited ("Sundance") of the Sundance Agreement to 30 November 2020 ("Final Extension Letter").

The Final Extension Letter was conditional on approval being received for the extension from the noteholders in Sundance ("Noteholders").

The Company is pleased to announce that approval from the Noteholders was received on 14 October 2020.

Authorised for release by Michael Keemink, Executive Director.

Further inquiries:

Mr Henko Vos

Company Secretary

T: +61 8 9463 2463

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Austsino Resources Group Ltd. published this content on 15 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 October 2020 09:34:05 UTC