AUSMON RESOURCES LIMITED — Capital/Financing Update 2016

Oct 13, 2016

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14 October 2016

ASX Market Announcements

SHARE PURCHASE PLAN CLOSES EARLY OVERSUBSCRIBED

Ausmon Resources Limited (“Company”) is pleased to announce that the Share Purchase Plan (SPP), which it opened on Monday 10[th] October 2016, is presently oversubscribed. In light of the strong response by shareholders, the Directors have decided to close the offer today.

The SPP provided eligible shareholders with the opportunity to apply for up to $15,000 worth of shares at $0.007 per share in order to raise $245,000. Funds raised are to be used by the Company on its up-coming drilling program in its mineral licences in New South Wales as well as for general working capital. The SPP was fully underwritten by Patersons Securities Limited.

Chairman Mr Boris Patkin says: “The rapid uptake of the SPP, and successful completion of a placement by Paterson Securities Limited earlier this week, is proof positive of the strong fundamental support of shareholders for the Company’s plans. As previously announced, Dr Ray Shaw, who recently joined the Board, has been tasked to identify new projects that can deliver a growth strategy in the near term”.

John Wang Managing Director/Secretary

AUSMON RESOURCES LIMITED ABN 88 134 358 964 ‘World Tower” Suite 1312, 87-89 Liverpool Street, Sydney NSW 2000 Australia. PO BOX 20188 World Square, NSW 2002 Australia

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Tel: 61 2 9264 6988 Fax: 61 2 9283 7166 Email: office@ausmonresources.com.au www.ausmonresources.com.au ASX code: AOA