ASPERMONT LIMITED. — Capital/Financing Update 2016

Aug 24, 2016

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ASX ANNOUNCEMENT

25 August 2016

NOTICE UNDER SECTION 708A(5) OF THE CORPORATIONS ACT

Aspermont Limited (ASX: ASP or the Company) issued a total of 66,400,000 ordinary shares on 23 August 2016 (per announcement Appendix 3B Private Placement) under a placement announced 11 May 2016.

Accordingly, the Company gives notice under Section 708A(5)(e) of the Corporations Act 2001 (Cth) (“Act”) that:

1. the abovementioned shares were issued without disclosure to investors under Part 6D.2 of the Act.

2. as at the date of this notice the Company has complied with:

3. a. the provisions of Chapter 2M of the Act as they apply to the Company; and

4. b. section 674 of the Act; and

5. as at the date of this notice there is no information to be disclosed which is “excluded information” as defined in subsection 708A(7) and 708(8) of the Act that is reasonable for investors and their professional advisors to find in a disclosure document.

Appendix 3B Annexure 1 is attached to this announcement.

David Straface Company Secretary Tel: +61 8 6263 9100

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Appendix 3B New issue announcement

Appendix 3B – Annexure 1

Calculation of placement capacity under rule 7.1 and rule 7.1A for eligible entities

Introduced 01/08/12 Amended 04/03/13

Part 1

Rule 7.1 – Issues exceeding 15% of capital

Step 1: Calculate “A”, the base figure from which the placement capacity is calculated

Rule 7.1 – Issues exceeding 15% of capital	Rule 7.1 – Issues exceeding 15% of capital
Step 1: Calculate “A”, the base figure from which the placement capacity is calculated
Insertnumber of fully paid+ordinary securities on issue 12 months before the +issue date or date of agreement to issue	724,918,019
Addthe following: • Number of fully paid+ordinary securities issued in that 12 month period under an exception in rule 7.2 • Number of fully paid+ordinary securities issued in that 12 month period with shareholder approval • Number of partly paid+ordinary securities that became fully paid in that 12 month period Note: • Include only ordinary securities here – other classes of equity securities cannot be added • Include here (if applicable) the securities the subject of the Appendix 3B to which this form is annexed • It may be useful to set out issues of securities on different dates as separate line items	301,999,988
Subtractthe number of fully paid+ordinary securities cancelled during that 12 month period
“A”	1,026,918,007

• Include only ordinary securities here – other classes of equity securities cannot be added

• • Include here (if applicable) the securities the subject of the Appendix 3B to which this form is annexed

• • It may be useful to set out issues of securities on different dates as separate line items

• Subtract the number of fully paid[+] ordinary securities cancelled during that 12 month period “A” 1,026,918,007

• See chapter 19 for defined terms.

Appendix 3B Page 10

04/03/2013

Appendix 3B New issue announcement

Step 2: Calculate 15% of “A”

Step 2: Calculate 15% of “A”
“B”	0.15
	[Note: this value cannot be changed]
Multiply“A” by 0.15	154,037,701
Step 3: Calculate “C”, the amount of placement capacity under rule 7.1
that has already been used
Insertnumber of+equity securities issued	83,909,236
or agreed to be issued in that 12 month period_not counting_those issued:	66,400,000
• Under an exception in rule 7.2
• Under rule 7.1A
• With security holder approval under rule
7.1 or rule 7.4
Note:
• This applies to equity securities, unless
specifically excluded – not just ordinary
securities
• Include here (if applicable) the securities
the subject of the Appendix 3B to which
this form is annexed
• It may be useful to set out issues of
securities on different dates as separate
line items

that has already been used
Insertnumber of+equity securities issued	83,909,236
or agreed to be issued in that 12 month period_not counting_those issued:	66,400,000
• Under an exception in rule 7.2
• Under rule 7.1A
• With security holder approval under rule
7.1 or rule 7.4
Note:
• This applies to equity securities, unless
specifically excluded – not just ordinary
securities
• Include here (if applicable) the securities
the subject of the Appendix 3B to which
this form is annexed
• It may be useful to set out issues of
securities on different dates as separate
line items
“C”	150,309,236
Step 4: Subtract “C” from [“A” x “B”] to calculate remaining
placement capacity under rule 7.1

Step 4: Subtract “C” from [“A” x “B”] to calculate remaining	Step 4: Subtract “C” from [“A” x “B”] to calculate remaining
placement capacity under rule 7.1
“A” x 0.15	154,037,701
Note: number must be same as shown in
Step 2
Subtract“C”	150,309,236
Note: number must be same as shown in
Step 3
Total[“A” x 0.15] – “C”	3,728,465
	[Note: this is the remaining placement
	capacity under rule 7.1]

• See chapter 19 for defined terms.

Appendix 3B Page 11

04/03/2013