Ann: Revised Appendix 3B - Allotment of Placement Securities, page-2

REVISED APPENDIX 3B ALLOTMENT OF PLACEMENT SECURITIES

Orinoco Gold Limited (ASX: OGX)

(“Orinoco” or “the Company”) wishes to advise that the total number of New Shares and OGXOD listed options issued and allotted under the recent Placement announced on 6 April 2018 should have been as follows: • 92,611,914 (instead of 92,611,700) New Shares; and • 21,226,954 (instead of 21,226,883) OGXOD listed options.

The reason for the disparity in the number of New Shares and OGXOD listed options was that, subsequent to the Placement having been announced, the Company took the decision to issue and allot the full number of securities as applied for by all Placement investors, notwithstanding that some applications were nominally short due to bank transfer fees having been deducted at source. Attached is a revised Appendix 3B relating to the issue of the Placement securities.