CONNECTED MINERALS LIMITED — Capital/Financing Update 2018

Aug 27, 2018

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28 August 2018

Dear Overseas Shareholder

NON-RENOUNCEABLE ENTITLEMENT OFFER TO RAISE $2.13M

On 22 August 2018 Connected IO Limited ( Connected IO or Company ) announced an underwritten pro rata non renounceable entitlement offer ( Entitlement Offer ) to raise approximately $2.13 million (before costs).

Connected IO has determined, pursuant to the Corporations Act 2001 (Cth) and ASX Listing Rule 7.7.1(a), that it would be unreasonable to make offers under the Entitlement Offer to shareholders with a registered address outside of Australia, New Zealand and Mauritius.

Accordingly, in compliance with ASX Listing Rule 7.7.1(a) and the Corporations Act, Connected IO wishes to advise that it will not be extending the Entitlement Offer to Shareholders with registered addresses outside of Australia, New Zealand and Mauritius as at the record date, being 5.00pm (WST) on 30 August 2018. Your shareholding in Connected IO is currently registered to an address outside of Australia, New Zealand and Mauritius.

If you have any queries about the Entitlement Offer, please contact the Company on +61 8 6211 5099.

Yours faithfully

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Nicki Farley Company Secretary

Connected IO Limited ABN 99 009 076 233 Level 24, 44 St Georges Tce, Perth WA 6000 T +61 8 6211 5099; F +61 8 9218 8875