Announcement PDF Parkway Minerals NL ASX ACN 147 346 334 Announcement 15 May 2020 ASX: FSE: Level 1, 675 Murray Street West Perth WA 6005 PO Box 1088 West Perth WA 6872 Australia T +61 8 9479 5386 parkwayminerals.com.au PWN 4IP NOTICE UNDER SECTION 708A Parkway Minerals NL (ASX: PWN) (“Parkway Minerals” or the “Company”) has today issued 32,166,364 fully paid ordinary shares. The ordinary fully paid shares are part of a class of securities quoted on the Australian Securities Exchange Limited (ASX). The Company gives this notice pursuant to Section 708A(5)(e) of the Corporations Act 2001. The shares were issued without disclosure to the investors under Part 6D.2, in reliance on Section 708A(5) of the Corporations Act 2001. The Company, as at the date of this notice, has complied with: a) the provisions of Chapter 2M of the Corporations Act 2001; and b) Section 674 of the Corporations Act 2001. There is no excluded information as at the date of this notice, for the purposes of Sections 708A(7) and (8) of the Corporations Act 2001. Approved for release on behalf of Parkway Minerals NL, by Bahay Ozcakmak. Additional Information For further information contact: Bahay Ozcakmak Managing Director T: +61 414 596 007 E: bahay@parkwayminerals.com.au About aMES™ Technology The activated Mineral Extraction System, or aMES™ is an innovative process technology that enables the treatment of concentrated brine solutions to recover a range of valuable minerals, reagents and fresh water. The technology utilises a proprietary multi-staged process incorporating novel membrane technology and is based on proprietary IP, incorporating patents, expertise and know-how acquired over more than a decade of intense process development initiatives. The advantages of the aMES™ technology include:  improvements in mineral recovery and product quality,  opportunity for substantial project capex & opex savings,  efficient use of energy and produces pure water as a by-product, and  improved project footprint and environmental sustainability. Ongoing collaboration with a number of brine project developers and operators has confirmed there are many applications where the aMES™ technology has the potential to deliver substantial value by enhancing existing flowsheets, in order to improve overall project performance. Additional Information www.parkwayminerals.com.au/ames-technology About Parkway Minerals In October 2019, Parkway Minerals (ASX: PWN) completed a transformational transaction by acquiring an Australian unlisted public company, Consolidated Potash Corporation (CPC). Through CPC, Parkway Minerals acquired a minority interest in the Karinga Lakes Potash Project (KLPP) in NT Australia, as well as a majority interest in the New Mexico Lithium Project (NMLP), in the United States. The CPC transaction, also resulted in Parkway Minerals acquiring the innovative aMES™ technology, which has been developed to process a range of challenging brine streams from the mining industry, in order to recover valuable minerals, reagents as well as produce fresh water. Given the significant market opportunities, Parkway Minerals is focused on building and leveraging the aMES™ technology platform to improve the efficiency, sustainability and ultimately the profitability of various brine and wastewater streams, by enabling the development of more innovative project development concepts, particularly in the mining and energy sectors. Strategic Investment Parkway Minerals holds a strategic investment (34.3 million shares) in Davenport Resources (ASX: DAV), which has successfully delineated a globally significant in-situ potash resource (in excess of 550 million tonnes of contained potash) across 4 projects, at its South Harz project in Germany. Recently completed scoping studies have delivered excellent technical and economic results and provide Parkway Minerals with encouragement that this investment will generate significant returns as well as provide Parkway Minerals with the opportunity to investigate a range of value-accretive initiatives. Page 2