ACROW LIMITED — Share Issue/Capital Change 2015

Oct 25, 2015

Notification of Consolidation/Split

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Notification of Consolidation/Split

Announcement Summary

Entity name

NOBLE MINERAL RESOURCES LIMITED

Applicable security for the reorganisation

NMG ORDINARY FULLY PAID

Announcement Type

New Announcement

Date of this announcement

Monday October 26, 2015

Reorganisation type

Security consolidation

Effective Date

Wednesday November 25, 2015

Record Date

Friday November 27, 2015

Issue Date

Friday December 4, 2015

Refer to below for full details of the announcement

Announcement Details

Part 1 - Entity and announcement details

*1.1 Name of +Entity

NOBLE MINERAL RESOURCES LIMITED

Registration Number

*1.2 Registered Number Type

ACN 124893465

*1.3 ASX issuer code

NMG

*1.4 The announcement is

New announcement

*1.5 Date of this announcement

Monday October 26, 2015

*1.6 Securities affected by the reorganisation

Notification of Consolidation/Split

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Notification of Consolidation/Split

NMG

ORDINARY FULLY PAID

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Part 2 - Approvals

*2.1 Are any of the below approvals required for the reorganisation before business day 0 of the timetable?

• Security holder approval Court approval

• Lodgement of court order with +ASIC ACCC approval

• FIRB approval

• Another approval/condition external to the entity required to be given/met before business day 0 of the timetable for the reorganisation.

Yes

2.2 Approvals

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----- Start of picture text ----- Approval/Condition Date for determination Is the date estimated Approval+Security holder Monday November or actual? received/conditionapproval 23, 2015 Actual met?[Select...]Comments----- End of picture text -----**

Part 3 - Reorganisation timetable and details

*3.1 +Record date

Friday November 27, 2015

3.2 Date of +security holder meeting

Monday November 23, 2015

3.3 Last day for trading in the pre-re-organised +securities

Tuesday November 24, 2015

*3.4 Effective date. Trading in the re-organised securities commences on a +deferred settlement basis. If the +entity's securities are suspended from trading during this period there will be no +deferred settlement trading however ASX still captures this date.

Wednesday November 25, 2015

3.5 Record date

Friday November 27, 2015

3.6 First day for +entity to send notices to +security holders of the change in the number of +securities they hold. First day for +entity to register +securities on a post-reorganised basis Monday November 30, 2015

*3.7 +Issue date. +Deferred settlement market ends. Last day for +entity to send notices to +security holder of the change in the number of +securities they hold. Last day for +entity to register +securities on a post-reorganised basis Friday December 4, 2015

Notification of Consolidation/Split

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Notification of Consolidation/Split

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3.8 Trading starts on a normal T+3 basis

Monday December 7, 2015

3.9 First settlement of trades conducted on a +deferred settlement basis and on a normal T+3 basis

Thursday December 10, 2015

Part 4 - Reorganisation type and details

*4.1 The reorganisation is

+Security consolidation

*4.1a Consolidation ratio: the +securities will be consolidated on the basis that every

50

(pre-consolidation) +securities will be consolidated into 1

(post-consolidation) +security (/ies).

*4.2 Scrip fraction rounding

Fractions of 0.5 or more rounded up

Part 5 - +Securities on issue before and after reorganisation

*5.1 +Securities on issue before and after the reorganisation

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----- Start of picture text ----- *ASX +Security Code *ASX +SecurityNMG DescriptionORDINARY FULLYPAIDQuoted/unquoted Number on issue Number on issue after Estimate/ActualQuoted before reorganisation reorganisation Estimated666,397,952 13,327,959----- End of picture text -----

Part 6 - Further information

6.1 Further information relating to the reorganisation

6.2 Additional information for inclusion in the Announcement Summary

Notification of Consolidation/Split

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