CORE LITHIUM LTD — Capital/Financing Update 2018

Sep 4, 2018

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ASX: CXO ANNOUNCEMENT

5 September 2018

Argonaut and Hartleys Strengthen Core Capabilities

Emerging Australian lithium developer, Core Exploration Ltd (ASX: CXO) (“Core” or the “Company”) is pleased to announce that it has appointed Argonaut as a financial adviser.

Alongside Core’s long-term broking supporter Hartleys, Argonaut will assist the Company in delivering the optimal financing package for development of its flagship Finniss Lithium Project in Northern Territory, Australia.

Argonaut is a specialist natural resources financial adviser with offices in Hong Kong and Perth that offers significant experience in international equity, debt and hybrid financing, having completed transactions totalling over $10 billion since 2007.

Commenting on the appointment of Argonaut, Core’s Managing Director, Stephen Biggins said:

"I am delighted to enter into this partnership with a high-quality firm such as Argonaut to add to our excellent long-term relationship with Hartleys. Together they provide the depth of experience, international presence and track record that will be critical to support delivery of the Finniss Lithium Project.”

For further information please contact:

For Media and Broker queries:

Stephen Biggins Andrew Rowell Managing Director Director - Investor Relations Core Exploration Ltd Cannings Purple +61 8 7324 2987 +61 400 466 226 info@coreexploration.com.au arowell@canningspurple.com.au

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Core Exploration Limited | ABN 80 146 287 809 |ASX: CXO

www.coreexploration.com.au