ENTERPRISE METALS LIMITED — Capital/Financing Update 2017

Dec 13, 2017

ACN 123 567 073

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• 14 December 2017

ASX: Media Release

Enterprise Share Purchase Plan raises $328,000

Enterprise Metals Limited (“Enterprise” or the “Company”) is pleased to advise that the Shareholder Purchase Plan (“SPP”) was closed on 12 December 2017. The Company received valid applications from eligible shareholders for new shares raising $328,000 with shares to be issued at a price of 1.67 cents per share (being a 15% discount to the 5 day VWAP).

As a result, approximately 19,640,712 new fully paid ordinary shares in Enterprise will be issued to shareholders on 19 December 2017 and statements will be dispatched to shareholders with the new shares to begin trading on 21 December 2017.

Enterprise would like to thank all Shareholders for their continued support of the Company.

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Dermot Ryan Managing Director

Suite 9, 12-14 Thelma St, West Perth, Western Australia 6005. PO Box 1014, West Perth 6872 Tel: 08 6381 0392 Fax: 08 9321 6084 Email: admin@enterprisemetals.com.au www.enterprisemetals.com.au

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