CONNECTED MINERALS LIMITED — Capital/Financing Update 2015

Sep 15, 2015

Leopard Resources NL

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PO Box 8 • West Perth • Western Australia • 6872 T: +61 (0)8 9381 2517 F: +61 (0)8 9381 5853 ABN 99 009 076 233

16 September 2015

Companies Announcements Office ASX Limited 20 Bridge Street Sydney NSW 2000

LEOPARD RESOURCES NL (“Company”)

EXTENSION OF DUE DILIGENCE – PROPOSED ACQUISITION OF CONNECTED IO

Further to the Company’s announcements dated 18 August 2015, the Board of Leopard Resources NL ( Company ) provides the following update on the proposed acquisition of the highly prospective next generation wireless technology business, Connected IO ( Proposed Acquisition ).

The parties agreed to extend the due diligence period expiry date to 30 September 2015. A formal Share Sale Agreement is currently being finalised and it is anticipated that this agreement will be signed on completion of the due diligence.

A Notice of Meeting to seek shareholder approval for the Proposed Acquisition is also being prepared for lodgement.

Yours faithfully

Damon Sweeny

Company Secretary Leopard Resources NL