BULLETIN RESOURCES LIMITED — Capital/Financing Update 2016

Jul 14, 2016

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15 July 2016

ASX RELEASE

Capital Reduction and Distribution Timetable

Chairman

Paul Poli

Non- Executive Directors

The Company wishes to advise an amendment to the timetable announced on the 14[th] of July 2016 in regards to the in-specie distribution.

The amended timetable is as below:

Frank Sibbel

Robert Martin

Company Secretary

Andrew Chapman

Shares on Issue

179.29 million shares

Top Shareholders

Matsa Resources Ltd 27.4% Goldfire Enterprises 22.6%

Market Capitalisation

$13.6 million @ 7.6 cents

For further information, please contact:

Paul Poli, Chairman Phone : +61 8 9230 35

Bulletin Resources Limited

Suite 11, 139 Newcastle Street, Perth, WA 6000 I PO Box 376 Northbridge WA 6865 I phone (08) 9230 3585 I fax (08) 9227 0370 I www.bulletinresources.com

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The timetable for the capital reduction and in-specie distribution is as follows:

Event	Date
Last day for trading of Bulletin Shares on a “cum” Capital Reductionentitlement basis (Bulletin Shares acquired after this date will notbe entitled to participate in the Distribution)	15 July 2016
Start of trading of Bulletin Shares on an “ex” Capital Reductionentitlement basis	18 July 2016
Time and date to determine entitlements under the Distribution(Distribution Record Date)	3.00pm (WST)19 July 2016
In specie distribution to Shareholders of Pantoro Shares	25 July 2016

For further information, please contact:

Paul Poli, Chairman Phone : +61 8 9230 3585

Bulletin Resources Limited

Suite 11, 139 Newcastle Street, Perth, WA 6000 I PO Box 376 Northbridge WA 6865 I phone (08) 9230 3585 I fax (08) 9227 0370 I www.bulletinresources.com

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