CAZALY RESOURCES LIMITED — Capital/Financing Update 2019

Jun 12, 2019

==> picture [169 x 92] intentionally omitted <==

13 June 2019

SECONDARY TRADING NOTICE PURSUANT TO SECTION 708A(5) OF THE CORPORATIONS ACT 2001 (“Act”)

On 10 June 2019, Cazaly Resources Limited (“ the Company ”) issued a total of 16,043,110 fully paid ordinary shares (‘Shares’) in the Company on the conversion of notes to note holders (15,043,110 Shares) and to a director in relation to a placement (1,000,000 Shares).

The Act restricts the on-sale of securities issued without disclosure, unless the sale is exempt under section 708 or 708A of the Act. By giving this notice, the on sale of the Shares noted above will fall within the exemption in section 708A(5) of the Act.

The Company hereby notifies ASX under paragraph 708A(5)(e) of the Act that:

• a) The Company issued a total of 16,043,110 Shares without disclosure to investors under Part 6D.2 of the Act;

• b) The Company has complied with the provisions of Chapter 2M of the Act as they apply to the Company, and section 674 of the Act; and

• c) There is no information:

  • a. That has been excluded from a continuous disclosure notice in accordance with the ASX Listing Rules; and

  • b. That investors and their professional advisers would reasonably require for the purpose of making an informed assessment of:

    • i. The assets and liabilities, financial position and performance, profits and losses and prospects of the Company; or

    • ii. The rights and liabilities attaching to the Shares.

The relevant Appendix 3B was lodged on 10 June 2019.

Yours faithfully

Mike Robbins Company Secretary

Level 2, 38 Richardson Street West Perth Western Australia, 6005. PO Box 396, West Perth, Western Australia, 6872 Phone: +61 8 9322 6283 Fax: +61 8 9322 6398 email: admin@cazalyresources.com.au ACN 101 049334 www.cazalyresources.com.au