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ASF GROUP LIMITED Capital/Financing Update 2017

Nov 13, 2017

64323_rns_2017-11-13_6f537226-8d8e-4c55-a82e-03e391f1ce8c.pdf

Capital/Financing Update

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ActivEX Limited A.C.N. 113 452 896

Suite 1, Level 1 12 Creek Street BRISBANE QLD 4000

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P.O. Box 1533 Milton QLD 4064 P: (07) 3236 4188 E: [email protected] W: activex.com.au

14 November 2017

The Manager Company Announcements Office Australian Stock Exchange

Via Online Electronic Lodgement

$1 MILLION LOAN FACILITY

ActivEX Limited (“ActivEX”) is pleased to announce that the Company has entered into a Loan Facility Agreement (“Loan Facility”) with ASF Group Limited (“ASF”). Pursuant to the Loan Facility, ASF will provide up to $1 million in standby funding under which ActivEX can draw down as required, to fund its exploration activities and general working capital.

Interest will accrue daily at a rate of 12% per annum. Repayment of the loan facility is due on 13 November 2018, or earlier at ASF’s election and upon 3 months’ notice to ActivEX.

As at the date of this announcement, ASF holds approximately 19.62% of the issued share capital of ActivEX.

For further information contact: Mr Grant Thomas, Managing Director or Mr Craig McPherson, Company Secretary