Mr. Thomas Rabone reports

ANTIPODES GOLD: COMPANY UPDATE

Further to Antipodes Gold Ltd.'s news release of May 8 (private placement to advance WKP gold project), the company continues to seek working capital for development of the WKP project, and the company is now also assessing all alternative options.

To arrange interim financing during this process, the company has drawn down a loan of $40,000 (New Zealand) (approximately $36,570) from Chris Castle, under an agreement dated April 29, 2014, which is to be repaid to the lender, without interest, on or before Dec. 31, 2014. This loan is secured. The company announces that it will issue 200,000 common shares to Mr. Castle under this arrangement, subject to TSX Venture Exchange approval.

In addition, as advised earlier, the company incurred loans in March/April, 2014, of $40,000 from directors and officers, repayable by Sept. 30, 2014, or convertible to common shares at the lenders' election.

At the company's annual general meeting, held on July 28, 2014, all resolutions proposed were approved.