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COPPERMOLY LIMITED Capital/Financing Update 2018

Dec 5, 2018

64690_rns_2018-12-05_0211404a-7c39-4fd3-a816-ccec427f83af.pdf

Capital/Financing Update

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ADDRESS PHONE PO Box 5807 +61 (07) 3217 7544 Brisbane EMAIL Qld 4000 Australia [email protected] WEBSITE www.coppermoly.com.au ABN 54 126 490 855

ASX Announcement

6 DECEMBER 2018

ASX Code: COY

NON-RENOUNCEABLE ENTITLEMENT OFFER – EXTENSION OF CLOSING DATE

Coppermoly Limited (“Coppermoly” or “the Company”; ASX: COY) advises that the Closing Date for the current non-renounceable Entitlement Offer announced on 23 November 2018 has been extended from Wednesday 12 December 2018 to Friday 21 December 2018.

Under the Entitlement Offer, each eligible shareholder is entitled to apply for one share for every three shares held at an issue price of $0.007 per share. Eligible Shareholders will also be entitled to subscribe for any New Shares that are not taken up by other Eligible Shareholders in accordance with the Offer (“Shortfall Offer”).

The revised indicative timetable for the Entitlement Offer is set out below. These dates are indicative only and Coppermoly reserves the right to vary these dates (subject to the Corporations Act and the ASX Listing Rules).

Announcement of Offer and Appendix 3B lodged with ASX Friday, 23 November 2018
Notice sent to Eligible and Ineligible Shareholders regarding Offer Monday, 26 November 2018
Shares quoted on an 'ex-basis’ Tuesday, 27 November 2018
Record Date for determining Entitlements Wednesday, 28 November 2018
Offer Booklet and Application Form dispatched to Eligible Shareholders Monday, 3 December 2018
Last date to extend the Closing Date of the Offer and Shortfall Offer Tuesday, 18 December 2018
Closing Date for applications in accordance with the Offer and Shortfall
Offer Friday, 21 December 2018
Expected commencement of trading of New Shares on a deferred
settlement basis on ASX Monday, 24 December 2018
Latest date for advising ASX of subscriptions received for the Offer and
Shortfall Offer Friday, 28 December 2018
Issue date and deferred settlement trading ends Wednesday, 2 January 2019
Normal trading of New Shares re-commences Thursday, 3 January 2019
Holding statements dispatched to successful Applicants Thursday, 3 January 2019

On behalf of the Board.

Stephen Kelly Company Secretary and Chief Financial Officer Coppermoly Limited