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CANTERBURY RESOURCES LIMITED Capital/Financing Update 2020

Aug 19, 2020

64613_rns_2020-08-19_fb48c61f-2f93-45aa-9ede-9e16dba56629.pdf

Capital/Financing Update

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ASX Announcement

20 August 2020

Extension of Closing Date for Share Purchase Plan

Canterbury Resources Limited (ASX: CBY) ( Canterbury or the Company ) advises that the closing date for its share purchase plan released on 27 July 2020 ( SPP ) is extended by three weeks to Friday 11 September 2020 at 5pm (Sydney time). The extension is made in accordance with cl. 3.2 of the SPP booklet and will ensure that all eligible shareholders have additional time to consider participation in the SPP.

All other terms of the SPP remain the same. Shareholders that have already applied for shares under the SPP are not required to re-submit their application form unless they wish to apply for additional shares up to the maximum Application Amount of $30,000*.

Shareholders wishing to participate in the SPP can apply by making payment directly by BPay® or Electronic Funds Transfer (EFT) in accordance with the details on the Application Form.

Eligible shareholders can access their Application Form electronically on the Automic Share Registry website at www.automic.com.au using their investor login or by contacting the registry on 1300 288 664 (within Australia), +61 2 9698 5414 (international) or via email at [email protected].

Details of the SPP are set out in the Terms and Conditions contained in the SPP Booklet, available at: https://www.canterburyresources.com.au/wp-content/uploads/2020/07/CBY-share-purchase-plan-July2020-FINAL.pdf.

The updated SPP timetable is:

Event Date
Record Date of the SPP (7.00pm Sydney time) Tuesday 20 July 2020
SPP Announcement Date Wednesday 21 July 2020
Opening Date of the SPP Monday 27 July 2020
Closing Date of the SPP Friday 11 September 2020
Issue and Allotment of New Shares under the SPP Tuesday 15 September 2020
Despatch of holding statements Wednesday 16 September 2020

The above timetable is indicative only. Canterbury reserves the right to vary any of the key dates above, including the Closing Date and the Issue Date, without further notice.

Under the SPP, each Eligible Shareholder is entitled to apply for parcels of new fully paid ordinary shares ( Shares ) ranging from a minimum of $1,000, up to a maximum of $30,000*, without incurring brokerage or other costs. The issue price of Shares under the SPP is A$0.10 per Share, the same price at which the recent placement to sophisticated and/or professional investors was undertaken.

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Veronique Morgan-Smith Company Secretary Please direct enquiries to: Telephone: +61 9392 8020 Email: [email protected]

Canterbury Resources Limited ASX: CBY Suite 108, 55 Miller Street, Pyrmont NSW 2009

ACN 152 189 369 www.canterburyresources.com.au

*refer to the Terms and Conditions of the SPP released on 27 July 2020 for more detail.