Harvest Minerals Limited / Index: LSE / Epic: HMI / Sector: Mining. Harvest Minerals Limited ( Harvest or the Company )

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1 11 June 2018 Harvest Minerals Limited / Index: LSE / Epic: HMI / Sector: Mining Harvest Minerals Limited ( Harvest or the Company ) Million Fundraise following the close of an Accelerated Bookbuild The Board of Harvest Minerals Limited, the AIM quoted natural fertiliser producer, is pleased to announce that further to the Company s announcement earlier today, the accelerated bookbuild has now closed and as a result of strong demand the Company has raised million via a placing of 52,497,295 new ordinary shares of no par value in the capital of the Company (the Ordinary Shares ) (the Placing Shares ) with certain existing and new institutional and other investors at a price of 18.5p per share (the Placing ). The Placing was oversubscribed. The net proceeds of the Placing will primarily be used to support the continued development and expansion of production facilities at the Company s Arapua Fertiliser Project ( Arapua ) in Brazil, further strengthening the Company s in-country sales and marketing team as it focuses on building its sales pipeline, and for general working capital purposes. The Placing has been organised on behalf of the Company by Arden Partners Plc, that acted as sole bookrunner and was appointed as its joint broker alongside Shard Capital Partners LLP earlier today. Harvest s Executive Chairman, Brian McMaster, said, This million placing is a significant achievement for the Company and a pivotal moment in its evolution. As a revenue generative producer with a large project located in the heart of the largest and fastest growing fertiliser market in Brazil and with a clear growth strategy, Harvest is a straightforward, yet compelling proposition; it is encouraging that institutional investors have recognised its potential. The funds raised via this oversubscribed accelerated bookbuild will enable us to increase production at Arapua as incoming sales orders necessitate, strengthen our in-country sales team and enable us to capitalise on further opportunities. I would like to take this opportunity to thank new and existing shareholders for their commitment and ongoing support as we accelerate the growth of Harvest. Details of the Placing Application has been made for the Placing Shares to be admitted to trading on the AIM market of the London Stock Exchange plc ( Admission ). It is expected that Admission and commencement of dealings in the Placing Shares will occur on or around 8.00 a.m. on 15 June The Placing Shares will be credited as fully paid and rank pari passu with the existing Ordinary Shares. Total Voting Rights

2 Following the issue of the Placing Shares, the total issued share capital of the Company will consist of 184,335,884 Ordinary Shares. The Company does not hold any Ordinary Shares in treasury. Therefore, the total number of voting rights in the Company is 184,335,884 and this figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules. Participation in the Placing by the Directors Certain of the Directors have, in aggregate, subscribed for a total of 145,945 Placing Shares. The participation of certain of the Directors in the Placing is detailed below. Director Number of Placing Shares subscribed for Pro forma holding of Ordinary Shares following subscription Ordinary Share holding as a percentage of enlarged share capital Luis Azevedo 135,135 1,145, % Frank Moxon 10,810 10, % The notifications below, made in accordance with the requirement of the Market Abuse Regulation, provide further detail in relation to the Director participation in the Placing. 1 Details of the person discharging managerial responsibilities / person closely associated (a) Name Luis Azevedo 2 Reason for the notification (a) Position/status Non-Executive Director (b) Initial notification/amendment Initial Notification 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor (a) Name Harvest Minerals Ltd. (b) LEI FQKFCEUYOHCP43

3 4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted (a) Description of financial Ordinary Shares of no par value instrument, type of instrument Identification code Identification code (ISIN) for Harvest Minerals Ltd. Ordinary shares: AU000XINEAB4 (b) Nature of the transaction Purchase of shares (c) Price(s) and volume(s) Price(s) Volume(s) 18.5p 135,135 (d) Aggregate information Aggregated volume 135,135 Price 18.5 (e) Date of transaction 11 June 2018 (f) Place of transaction London Stock Exchange, AIM Market (XLON) 1 Details of the person discharging managerial responsibilities / person closely associated (a) Name Frank Moxon 2 Reason for the notification (a) Position/status Non-Executive Director

4 Initial notification/amendment Initial Notification 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor (a) Name Harvest Minerals Ltd. (b) LEI FQKFCEUYOHCP43 4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted (a) Description of financial Ordinary Shares of no par value instrument, type of instrument Identification code Identification code (ISIN) for Harvest Minerals Ltd. Ordinary shares: AU000XINEAB4 (b) Nature of the transaction Purchase of shares (c) Price(s) and volume(s) Price(s) Volume(s) 18.5p 10,810 (d) Aggregate information Aggregated volume 10,810 Price 18.5p (e) Date of transaction 11 June 2018 (f) Place of transaction London Stock Exchange, AIM Market (XLON)

5 Definitions for the capitalised terms used in this Announcement have been outlined in the announcement released by the Company at 7.01 a.m. today. All references to times and dates in this Announcement refer to times and dates in London, United Kingdom unless stated otherwise. This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014 *ENDS* For further information please visit or contact: Harvest Minerals Limited Brian McMaster (Chairman) Tel: +44 (0) Strand Hanson Limited (Nominated & Financial Adviser) James Spinney Ritchie Balmer Tel: +44 (0) Arden Partners plc Joint Broker Shard Capital Partners (Joint Broker) Tim Dainton Tel: +44 (0) Paul Brotherhood Paul Shackleton Damon Heath Tel: +44 (0) St Brides Partners Ltd (Financial PR) Isabel de Salis Gaby Jenner Tel: +44 (0) Notes: Harvest Minerals (HMI.L) is a Brazilian focused fertiliser producer advancing the 100% owned Arapua Fertiliser Project, which produces KPfértil, a proven, multi-nutrient, slow release, organic fertiliser and remineraliser. KPfértil offers many economic and agronomic benefits and addresses the significant demand for locally produced fertiliser in Brazil, with its abundant agricultural land; currently, the country imports 90% of the potash it uses but has a target to be self-sufficient in fertilisers by Covering 14,946 hectares and located in the heart of the Brazilian agriculture belt in Minas Gerais, Arapua is a shallow, low cost mine with an indicated and inferred resource of 13.07Mt at 3.1% K2O and 2.49% P2O5. This is based on drilling just 6.7% of the known mineralisation, leaving significant upside potential. This resource is equivalent over 29 years production and the known mineralisation expected to support 100+ years production at 450,000 tonnes per annum.