GBM RESOURCES LIMITED. — Share Issue/Capital Change 2016

Jun 1, 2016

ABN 91 124 752 745

ASX Announcement

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2 June 2016

ASX Code: GBZ

Notice of Option Expiry

COMPANY DIRECTORS

GBM Resources (“GBM” or “the Company”) advises that 177,746,562 listed options (GBZO) exercisable at 3.5 cents each will expire at 5pm (WST) on 30 June 2016.

Please see attached a copy of an option expiry notice which has been mailed today to each registered holder of GBZO options.

Peter Thompson Managing Director/ Executive Chairman

Neil Norris Exploration Director – Executive

Tan Hung Seng Non-Executive Director

CONTACT DETAILS

For further information please visit www.gbmr.com.au or contact:

Investors: Media: Peter Thompson Karen Oswald Managing Director Marko Communications GBM Resources Tel: + 0423 602 353 Tel: +61 8 9316 9100 Karen.oswald@markocommunications.com.au

Principal & Registered Office Suite 8, 7 The Esplanade, Mt Pleasant, WA 6153

Exploration Office 10 Parker Street, Castlemaine, Victoria 3450

Website

www.gbmr.com.au

Email

info@gbmr.com.au

Phone

+61 (8) 9316 9100

Fax

+61 (8) 9315 5475

Phone (Exploration Office) +61 (3) 5470 5033

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ABN 91 124 752 745

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2 June 2016

Notification of Listed Option Expiry - GBZO

The Company advises you, as a registered holder of the above mentioned 30 June 2016 expiry options (“Options”) in GBM Resources Limited, that the Options will expire at 5.00pm (WST) on 30 June 2016.

Your option holding may be exercised in whole or in part by payment of $0.035 for each Option by no later than 30 June 2016. If payment is not received by 5.00pm (WST) on 30 June 2016 the Options will lapse and all rights under the Options will cease at that time.

The courses of action available to registered holders of these soon to expire Options are:

1. Exercise the Options on or before 30 June 2016; or

2. Sell those Options. Quotation of the Options on the ASX will cease at the close of trading on 24 June 2016; or

3. Do nothing and allow those Options to expire.

There is no obligation on holders to exercise their Options. If you do not exercise or sell your Options they will expire on 30 June 2016 and your right to subscribe for ordinary shares in GBM Resources Limited at $0.035 per share will lapse.

The market sale price of ordinary shares in GBM Resources Limited on ASX was $0.011 on 1 June 2016, being the last trading day prior to the date of this notice.

During the three (3) months preceding the date of this notice:

• The highest market sale price of ordinary shares on ASX was $0.019 on 2 March 2016; and

• The lowest market sale price of ordinary shares on ASX was $0.01 on 20 April 2016.

Yours faithfully

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Kevin Hart Company Secretary

Registered Office: Suite 8, 7 The Esplanade, Mt Pleasant, Western Australia 6153 Tel: (08)9316 9100 • Fax: (08)9315 5475 • Web: www.gbmr.com.au Exploration Office: 10 Parker Street, Castlemaine, Victoria 3450 Tel: (03) 5470 5033