CORE LITHIUM LTD — Capital/Financing Update 2017

Aug 28, 2017

==> picture [596 x 117] intentionally omitted <==

ASX ANNOUNCEMENT

ASX : CXO

Placement cleansing notice under section 708A(5)(e) of the Corporations Act

Issuer: Core Exploration Limited (ASX Code: CXO) Release date: 29 August 2017

Core Exploration Limited ( Core or Company ) has issued 16,700,000 fully paid ordinary shares in the Company at a $0.06 issue price per share under a placement ( Placement ).

Details of the Placement

Class of Securities: Ordinary shares ASX Code of the securities: CXO Date of the issue 29 August 2017 Total number of shares issued: 16,700,000

Core advises that:

1. The shares offered under the Placement were issued without disclosure to investors under Part 6D.2 Corporations Act 2001 (Cth) ( Corporations Act ).

2. This notice is given under section 708A(5)(e) of the Corporations Act.

3. As at the date of this notice, Core has complied with the provisions of Chapter 2M Corporations Act as they apply to Core and has complied with section 674 Corporations Act.

4. As at the date of this notice, there is no excluded information of the type referred to in sections 708A(7) and 708A(8) of the Corporations Act that has not already been disclosed to investors generally.

For further information please contact:

Stephen Biggins Managing Director Core Exploration Ltd 08 7324 2987 info@coreexploration.com.au

A 26 Gray Court, Adelaide SA 5000 | T (08) 7324 2987 | E info@coreexploration.com.au www.coreexploration.com.au