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COPPERMOLY LIMITED Capital/Financing Update 2018

Nov 13, 2018

64690_rns_2018-11-13_5a128717-21fb-4bbe-b47d-c79a1239a9d8.pdf

Capital/Financing Update

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ADDRESS PHONE Unit 2, 42 Morrow Street +61 (07) 3217 7544 Taringa QLD 4068 FAX +61 (07) 3876 0695 EMAIL ABN 54 126 490 855 [email protected] WEBSITE www.coppermoly.com.au

ASX Announcement

14 November 2018

ASX Code: COY

EXTENSION OF CONVERTIBLE NOTES’ TERM

Coppermoly Limited ( ASX:COY) announces that Jade Triumph International Limited (“ Jade Triumph ”) has agreed to further extend the maturity date for the Convertible Notes held by Jade Triumph by twenty-four months to 19 December 2020. All other terms of the Convertible Notes remain unchanged.

Each Convertible Note is convertible, at the option of Jade Triumph, into one new fully paid ordinary share in the Company on or before 5:00pm on the maturity date, unless repaid earlier, subject to such conversion not resulting in the holder breaching the Corporations Act 2001.

On behalf of the Board. Stephen Kelly

Company Secretary Coppermoly Limited

About Coppermoly

Coppermoly Ltd (COY) is an ASX listed junior exploration company which has been listed on the ASX since 2008. Coppermoly’s head office is located in Brisbane, Australia and its mineral exploration activities are focused entirely on the island of New Britain in PNG where it is exploring for copper, gold, silver, zinc, and molybdenum.