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DEVEX RESOURCES LIMITED Capital/Financing Update 2015

Dec 21, 2015

64768_rns_2015-12-21_ed092a89-6c61-422d-b167-a23246a2ffbc.pdf

Capital/Financing Update

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ASX Market Announcements Office via electronic lodgment

22nd December 2015

UEQ extends date to complete it’s 100% earn-in for the West Arnhem Joint Venture

Uranium Equities Ltd (UEQ) advises that it has agreed with Cameco Australia Pty Ltd to extend the period to earn a 100% interest in the West Arnhem Joint Venture from 10 September 2016 until 31 December 2017.

As of 31 October 2015 UEQ has incurred expenditure of $1.47 million, with a further $0.53 million remaining to meet the full expenditure commitment of $2 million pursuant to the terms of the joint venture agreement.

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Tim Goyder Chairman

ASX: UEQ

HEAD OFFICE Level 2, 1292 Hay Street West Perth, WA 6005 GPO Box 2890 Perth, WA 6001 T: +61 8 9322 3990 F: +61 8 9322 5800 E: [email protected]

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