AUDALIA RESOURCES LIMITED — Capital/Financing Update 2018

Feb 14, 2018

ANNOUNCEMENT

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UPDATE ON LOAN FACILITIES

15 FEBRUARY 2018

Audalia Resources Limited ( Audalia or the Company ) (ASX: ACP) advises that further to the ASX announcements of 24 March 2015, 25 September 2015 and 8 August 2016 in relation to the loan facilities of A$3.625 million, the Company has negotiated early repayment and settlement of $1.625 million of those facilities. Audalia will pay $1 million in full and final settlement of $1.625 million loan facilities over a 10month period.

The directors are assessing all funding alternatives to ensure that the Company can continue exploration and evaluation activities and advance the next stage of approvals for the Medcalf Project.

Authorised by:

Brent Butler Executive Director and CEO

ASX: ACP l Find out more at www.audalia.com.au

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