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EDEN INNOVATIONS LTD Capital/Financing Update 2017

Jan 19, 2017

64820_rns_2017-01-19_367adbe6-e7c0-44b9-a948-01d5e86d10c1.pdf

Capital/Financing Update

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ACN 009 253 187

AUSTRALIAN SECURITIES EXCHANGE ANNOUNCEMENT

20 JANUARY 2017

EDEN INNOVATIONS LTD

COMPLETION OF PURCHASE OF NEW COLORADO PROPERTY

Please see attached ASX Announcement by Eden Innovations Ltd (ASX: EDE) for further details.

Background

Tasman through its wholly owned subsidiary, Noble Energy Pty Ltd, holds 493,198,298 fully paid shares in Eden (representing 39.28% of the total issued capital of Eden) and 101,356,779 EDEO options (representing 47.58% of the issued EDEO options). This equates to 1.29 EDE shares and 0.27 EDEO options held for every Tasman share issued.

Based on the last traded prices on the ASX of EDE ($0.24) and EDEO ($0.21) on 19 January 2017, this investment had a market value of $139 million, which is equivalent to 36.6 cents for every currently issued TAS share.

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Aaron Gates Company Secretary

Level 15, 197 St George’s Terrace, Perth, Western Australia 6000 Telephone: (08) 9282 5889 Facsimile: (08) 9282 5866 Email: [email protected]

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AUSTRALIAN SECURITIES EXCHANGE ANNOUNCEMENT

20 January 2017

COMPLETION OF PURCHASE OF

NEW COLORADO PROPERTY

DETAILS

Eden Innovations Limited (“Eden”) (ASX: EDE) is pleased to announce that it has completed the purchase of an adjoining property to its existing Colorado plant which was purchased for US$1.525 million as announced (ASX:EDE 16 December 2016).

The property comprises a parcel of land with an area of 24,829 square feet (2,306 m[2] ) on which is erected a two storey building with a total area of 12,599 square feet (1,170 m[2] ) that was built in 1999 (see Figure 1).

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Figure 1 – Adjoining building purchase completed

As previously announced, the building in addition to a number of offices, has a large workshop/ warehouse area and loading dock suitable for semi-trailers. This

Eden Innovations Ltd | Telephone +61 8 9282 5889 Level 15, 197 St George’s Terrace, Perth, Western Australia 6000, Australia | edeninnovations.com

facility will enable the administration, the OptiBlend[TM ] business and the research and development all to be re-located from Eden’s existing site to the new building, thereby freeing up sufficient additional space into which the EdenCrete[TM] production, which is currently be scaled up, can be further expanded as needed.

This additional space adds significantly to the company’s potential EdenCrete[TM] production capability in Colorado, which could be required to meet expanding demand over the next 18-24 months, until Eden’s proposed large scale EdenCrete[TM] plant can be built in Augusta Georgia.

As announced, the new property is very conveniently located and shares a common rear boundary with Eden’s existing Colorado plant, and will thereby give the expanded Eden site access to 2 street frontages that could assist in despatching the increased volumes of production should that be required.

BACKGROUND

EdenCrete[TM] is Eden’s 100% owned, proprietary carbon-strengthened concrete additive, one of the primary target markets for which is improving the performance of concrete used in the construction and maintenance of concrete roads, bridges, airport runways and other infrastructure. Additionally, it has potential for use in a wide range of other concrete applications including high-rise building construction, marine and coastal applications, dams, water storage and pipelines, and prefabricated concrete structures and products.

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Gregory H. Solomon Executive Chairman ACN 109 200 900

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