ADHERIUM LIMITED — Capital/Financing Update 2017

Jun 13, 2017

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The Company Announcements Office ASX Limited

Adherium Limited Collins Square, Tower 4 Level 18, 727 Collins Street Melbourne, VIC 3000

ASX ANNOUNCEMENT

14 June 2017

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Cleansing notice under section 708A the Corporations Act 2001 (Cth)

On 8 June 2017 Adherium Limited ACN 605 352 510 ( Company ) (ASX: ADR) announced the exercise of options and the resulting issue and allotment of 150,000 fully paid ordinary shares in the capital of the Company ( Shares ) at the issue price of $0.134039 per Share. The Company also applied for quotation of the Shares on ASX.

The Company gives notice pursuant to section 708A(5)(e) of the Corporations Act 2001 (Cth) ( Act ) that:

1. the Company issued the Shares without disclosure to investors under Part 6D.2 of the Act;

2. as at the date of this notice, the Company has complied with the provisions of Chapter 2M of the Act as they apply to the Company and section 674 of the Act; and

as at the date of this notice there is no information:

• (a) that has been excluded from a continuous disclosure notice in accordance with the ASX Listing Rules; and

• (b) that investors and their professional advisers would reasonably require for the purpose of making an informed assessment of:

  • (i) the assets and liabilities, financial position and performance, profits and losses and prospects of the Company; or

  • (ii) the rights and liabilities attaching to the Shares.

Yours faithfully

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Rob Turnbull

CFO & Joint Company Secretary