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COPPERMOLY LIMITED Capital/Financing Update 2013

Aug 25, 2013

64690_rns_2013-08-25_8edf80ce-5256-4aab-aca6-0580eec5e7ac.pdf

Capital/Financing Update

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26 August 2013

ASX Code: COY

ALLOTMENT OF SHARES TO ELIGIBLE SHAREHOLDERS AND UNDERWRITER

Coppermoly Limited is pleased to advise that, in accordance with the terms of the Underwriting Agreement with Jelsh Holdings Pty Ltd and the orders made by the Takeovers Panel on 20 August 2013, it has received payment from the Underwriter for the sum of $1,426,041.70 being the aggregate issue price for the Shares acquired by the Underwriter, at the price of AUD$0.045 per share, less the underwriting fee and other permitted deductions payable under the Underwriting Agreement.

The Company also received $28,386.68 from Eligible Shareholders and has therefore today allotted 35,342,331 Shares to the Underwriter and 630,815 Shares to Eligible Shareholders under the Offer and Shortfall Offer.

A further announcement will be made to the market following completion of the allotment procedures for the Sale Offer as detailed in the Announcement dated 23 August 2013.

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Maurice Gannon Managing Director

Level 1, 94 Bundall Rd Bundall, Queensland 4217 Email: [email protected] Telephone: +61 7 5592 1001