G11 RESOURCES LIMITED — Capital/Financing Update 2014

Jun 26, 2014

C/- HLB Mann Judd (SA) Pty Ltd 169 Fullarton Road DULWICH SA 5065

27 June 2014

Dear Shareholder

NON-RENOUNCEABLE RIGHTS ISSUE – APPENDIX 3B NOTICE

Lawson Gold Limited ( Company ) announced on 25 June 2014 a capital raising by way of one for one pro-rata non-renounceable rights issue that does not require shareholder approval. In accordance with the Listing Rules of the Australian Securities Exchange ( ASX ), the Company is pleased to provide you with the following information about the rights issue.

Each eligible shareholder registered on the Company’s register of members at 7.00 pm (Adelaide time) on 2 July 2014 ( Record Date ) will be entitled to subscribe for one new fully paid ordinary share in the Company for every one ordinary share held as at the Record Date at a price of $0.03 per new share. The issue price of the new shares under the offer represents a discount of 34% to the closing average price of the Company’s shares during the 14 trading day period up to and including 23 June 2014.

In addition to being able to apply for new shares under the rights issue, eligible shareholders will also have the opportunity to apply for additional new shares that are not subscribed for under the rights issue.

Please note that the Company’s shares will be quoted on an ‘ex’ basis from 30 June 2014, and therefore any of the Company’s shares bought on market on and after this date will not be entitled to participate in the rights issue.

The maximum number of new shares to be issued (excluding the exercise of any unlisted options) is 24,893,001 new shares ( New Shares ), which would raise up to $746,790 and would result in total issued shares in the Company of 49,786,002. It is intended that New Shares issued as a result of entitlements taken up will be quoted on ASX and will rank equally with existing issued ordinary shares of the Company.

Before making a decision whether to subscribe for any of these shares, please carefully read the Offer Booklet when you receive it. The offer opens on 7 July 2014 and closes at 5.00 pm (Adelaide time) on 21 July 2014.

From 26 June 2014, the Offer Booklet will be available to download from both the ASX website (at www.asx.com.au) and the Company’s website (at www.lawsongold.com), and will subsequently be mailed to eligible shareholders on or around 7 July 2014.

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The indicative timetable for the rights issue is as follows:

Activity	Date
Announcement of Entitlement Offer and Appendix 3B lodged with ASX	25 June 2014
Offer Booklet lodged with ASX	26 June 2014
Shareholder notice despatched	27 June 2014
Shares traded on an “ex” Entitlement basis	30 June 2014
Record Date for eligibility to participate in the Entitlement Offer	2 July 2014at 7.00 pm Adelaidetime
Offer Booklet and Entitlement and Acceptance Form despatched toShareholders	7 July 2014
Opening Date for the Entitlement Offer	7 July 2014
Last day to extend the Closing Date for the Entitlement Offer	16 July 2014
Closing Date for the Entitlement Offer	21 July 2014at 5.00 pm Adelaidetime
Securities quoted on a deferred settlement basis	22 July 2014
Notify ASX under subscriptions	24 July 2014
Issue of New Shares issued under the Entitlement Offer and deferredsettlement trading ends	28 July 2014
Normal ASX trading for New Shares commences	29 July 2014

The timetable is indicative only and the Company reserves the right to vary it at any time without prior notice subject to the Listing Rules and the Corporations Act 2001 (Cth).

The rights issue is partially underwritten to 50% by Taylor Collison Limited, being $373,395.

If you have any queries, please contact the Company Secretary on (08) 8133 5000.

Yours faithfully

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Donald Stephens Company Secretary