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COMET RIDGE LIMITED Capital/Financing Update 2016

Oct 11, 2016

64686_rns_2016-10-11_575a95c5-4c09-49c9-8be4-4a558791d6d3.pdf

Capital/Financing Update

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Comet Ridge Limited Level 3 283 Elizabeth Street Brisbane Qld 4000 Phone: +61 7 3221 3661 Fax: +61 7 3221 3668 [email protected]

12 October 2016

Company Announcements Office Australian Securities Exchange 20 Bridge Street Sydney NSW 2000

By Electronic Lodgement

Despatch of Non-Renounceable Entitlement Offer Booklet

On Friday 30 September 2016, Comet Ridge Limited ABN 47 106 092 577 (“ Comet Ridge” ) announced that it would undertake a non-renounceable entitlement rights issue on a 1 for 25 basis (“ Entitlement Offer” ). A copy of the Offer Booklet for the Entitlement Offer was lodged with the ASX that day.

Comet Ridge confirms that it has today despatched the Non-Renounceable Entitlement Offer Booklet and personalised Entitlement and Acceptance Forms to Eligible Shareholders.

Yours sincerely Comet Ridge Limited

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Stephen Rodgers Company Secretary