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EDEN INNOVATIONS LTD Capital/Financing Update 2019

Jan 21, 2019

64820_rns_2019-01-21_094cce22-898b-4f65-8b4c-9120414d039b.pdf

Capital/Financing Update

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ACN 009 253 187

AUSTRALIAN SECURITIES EXCHANGE ANNOUNCEMENT

22 JANUARY 2019

SHORT TERM LOAN TO EDEN INNOVATIONS LTD

Tasman through its wholly owned subsidiary, Noble Energy Pty Ltd (“Noble”), has made a shortterm loan of $1,000,000 to Eden Innovations Ltd (“Eden”)(ASX: EDE). Noble is the largest shareholder in Eden and currently owns 494,734,162 shares in Eden, representing 39.1% of Eden’s issued share capital.

The loan is unsecured, repayable no later than 30 June 2019 and interest is payable at 7.13% per annum.

Following this transaction, Tasman has a current cash balance of approximately $382,000.

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Aaron Gates Company Secretary