FITZROY RIVER CORPORATION LTD — M&A Activity 2017

Feb 2, 2017

Fitzroy River Corporation Limited (ACN 075 760 655) Off-Market Bid for Royalco Resources Limited (ACN 096 321 532)

Notice under Section 630(3) of the Corporations Act

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This notice is given under Section 630(3) of the Corporations Act by Fitzroy River Corporation Limited (ACN 075 760 655) ( Fitzroy ) in relation to the offers dated 14 December 2016 ( Offers ) under its takeover bid for all the issued ordinary shares in Royalco Resources Limited (ACN 096 321 532) ( Royalco ), which are contained in the bidder’s statement from Fitzroy dated 21 December 2016 ( Bidder’s Statement ).

Words defined in the Bidder’s Statement have the same meaning in this notice, unless the context requires otherwise.

Fitzroy gives notice that the Offers in relation to the ordinary shares in Royalco are unconditional.

At the time of lodgement of this notice, Fitzroy’s voting power in Royalco was 43.83% comprising 23,105,451 Royalco Shares.

Dated: 3 February 2017

Signed on behalf of Fitzroy River Corporation Limited

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Justin Clyne Director

Section 630(3) notice of freedom from conditions