FMR RESOURCES LIMITED — Capital/Financing Update 2015

Mar 5, 2015

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NOTICE OF INTENTION TO OFFER A RIGHTS ISSUETO EXISTING SHAREHOLDERS (Corporations Act S. 708AA(7))

Date: 6 March 2015

1. GENERAL

The Company announces that it proposes to make a rights issue pursuant to section 708AA of the Corporations Act without issuing a product disclosure statement in relation thereto.

2. PARTICULARS OF THE ISSUE

The rights issue is a pro-rata non-renounceable entitlement issue of one (1) new share for every one (1) share held at the Record Date. The issue price for each new share is $0.03. The offer seeks to raise approximately $1.1million. The offer is not underwritten. It will result in the issue of 36,685,000 new shares by the Company. The purpose of the rights issue is to permit the Company to further develop its exploration assets and facilitate a greater ability to secure new projects.

3. REQUIREMENTS FOR NOTICE

This notice is being given to Australian Securities Exchange (‘ASX’) pursuant to the provisions of Section 708AA(2)(f) of the Corporations Act.

As at the date of this Notice the Company has complied with all of its obligations under Chapter 2M of the Corporations Act.

As at the date of this Notice the Company has complied with all of its obligations under Section 674 of the Corporations Act.

The Company is not aware of any information that has been excluded from any continuous disclosure notice issued pursuant to ASX Listing Rules that investors and their professional advisers would reasonably require for the purpose of making an informed assessment of the assets and liabilities, financial position and performance, profits and losses and prospects of the Company or the rights and liabilities attaching to the rights being offered.

The rights issue will increase the number of issued shares in the Company from 36,685,000 to a maximum of 73,370,000. Because the rights issue is non-renounceable and it cannot be known with certainty which shareholders will take up their rights entitlements the effect of the issue on control of the Company and the consequences thereof will depend on the particular shareholders who take up their entitlements and the parties to whom any shortfall is or are allotted.

By authority of the Board

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Jonathan Asquith Company Secretary