ELEMENTOS LIMITED — Capital/Financing Update 2017

Mar 27, 2017

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28 March 2017

R&D TAX REFUND RECEI VED

Elementos Limited (ASX:ELT) (“Elementos” or the “Company) is pleased to advise that it has received approximately $213,000 from the Australian Taxation Office in respect to an R&D Tax Incentive Claim for the 2015/16 financial year. The refund will be applied to progressing the Cleveland tin project in Tasmania.

For more information, please contact:

Duncan Cornish

Company Secretary Phone: +61 7 3221 7770 Email: admin@elementos.com Please visit us at: www.elementos.com.au

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