GEOPACIFIC RESOURCES LTD — Capital/Financing Update 2013

Sep 9, 2013

10 September 2013

Dear Shareholder,

On 6 September 2013, Geopacific Resources NL ( Company ) announced a non-renounceable pro rata rights issue ( Rights Issue ) of ten (10) fully paid ordinary shares ( New Shares ) for each seventeen (17) fully paid ordinary shares held as at the record date to eligible shareholders.

Pursuant to the Rights Issue, the Company may issue up to 60,000,000 New Shares at an issue price of $0.05 each, to raise a maximum of $3 million (before expenses of the issue).

The Company expects the Rights Issue to be conducted in accordance with the following timetable:

“Ex” Date	11 September 2013
Record Date to determine entitlement to New Shares	17 September 2013
Despatch of offer document and application form to persons entitled.	18 September 2013
Offer opens for receipt of applications	18 September 2013
Closing Date for applications and payment in full	8 October 2013
New Shares quoted on a deferred settlement basis	9 October 2013
ASX notified of under subscriptions	11 October 2013
Despatch date of holding statements, New Shares entered into the holders’security holdings	16 October 2013
Trading commences for New Shares on a normal basis	17 October 2013

The above dates are indicative only and subject to change. The Company, in conjunction with the lead manager, reserves the right to vary the above dates, subject to ASX Listing Rules and the Corporations Act.

The New Shares issued pursuant to the Rights Issue will rank equally with existing fully paid ordinary shares in the Company.

Eligible shareholders will receive a copy of the offer document and must complete the Application Form accompanying the offer document to take up their entitlements. Eligible shareholders may also apply for additional shares in excess of their entitlement.

Geopacific Resources N L ACN 003 208 393 A: Level 1, 278 Stirling Highway Claremont WA 6010 / PO Box 439 Claremont WA 6910 P: 08 6143 1820 / E: info@geopacific.com.au / W: www.geopacific.com.au

A table setting out the capital structure of the Company after completion of the Rights Issue is set out below, assuming full subscription under the Rights Issue and that no options are exercised or convertible notes converted before the record date:

convertible notes converted before the record date:
Shares on issue at the date of the announcement of the Rights Issue	106,493,346
New Shares issued pursuant to the Rights Issue if 100% take up	60,000,000
$0.30 Options expiring 30 September 2014	750,000
$0.30 Options expiring 5 April 2015	2,000,000
$2.50 Options expiring 5 years after the defining on Faddy’s Gold Deposit aJORC compliant ore reserve of over 200,000 of contained gold	800,000
$5.00 Options expiring 10 years after the defining on Faddy’s Gold Deposit aJORC compliant ore reserve of over 1,000,000 of contained gold	200,000
Convertible Notes with a face value of $5,000 each, a coupon of 12% payable atmaturity, with a 12 month term, convertible into shares at $0.045 per Share, or$0.05 per share if the Notes are converted after the finalisation of the RCFPlacement Agreement	20

Should you have any questions regarding the Rights Issue you may contact the Company on +61 9 6143 1823 or consult your stockbroker or professional adviser. The offer document for the Rights Issue has been lodged with ASX and may be viewed on the ASX Limited website at www.asx.com.au, or alternatively at the Company’s website at www.geopacific.com.au.

We look forward to your participation in the Rights Issue.

John Lewis Company Secretary

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