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DEVEX RESOURCES LIMITED Capital/Financing Update 2015

Jul 29, 2015

64768_rns_2015-07-29_d5a64fe8-0c1e-4e19-b1fd-2b4c09ba0ac1.pdf

Capital/Financing Update

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30 July 2015

ASX Market Announcements Office via electronic lodgement

Notification of Rights Issue Shortfall

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Uranium Equities Limited (“ the Company ”) advises that the recent 1 for 3 non-renounceable Rights Issue of 0.8 cents per share closed on 28 July 2015. The results of the Rights Issue is as follows:

Total number of Shares on Offer 151,796,173
Total number of Shares applied for 64,980,548
Shortfall number of Shares 86,815,625

Subject to clearance of funds, the total funds raised for the Rights Issue was $519,844 before costs, with the balance of $694,525 to be provided by the Underwriter, Taylor Collison Limited.

Allotment of shares is expected to occur on or about 5 August 2015.

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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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