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CORE LITHIUM LTD Share Issue/Capital Change 2018

Jul 9, 2018

64737_rns_2018-07-09_b1d2ef6c-5875-4a44-b605-6ab09c08ad57.pdf

Share Issue/Capital Change

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ASX ANNOUNCEMENT

ASX: CXO

10 July 2018

RELEASE OF SHARES FROM VOLUNTARY ESCROW

Core Exploration Limited (ASX:CXO) advises that, as required under Listing Rule 3.10A, 13,077,341 fully paid ordinary shares currently subject to voluntary escrow will be released after 24 July 2018.

On 21 June 2018, Core announced that 13,077,342 shares subject to escrow would be released after 7 July 2018. This announcement advises that a further 13,077,341 shares (Tranche 3), originally subject to escrow to 7 November 2018, will also be released conditionally. The shares were issued as consideration for the acquisition of Bynoe project tenements from Liontown Resources Limited (ASX:LTR), and represent the final issue of CXO shares to Liontown.

The release of Tranche 3 shares is conditional upon the Tranche 3 shares being traded between 25 July 2018 and 15 August 2018 and the trade of Tranche 3 shares being transacted via a crossing arranged with the broker of LTR.

For further information please contact:

Jaroslaw (Jarek) Kopias Company Secretary Core Exploration Ltd 08 7324 2987 [email protected]