GEOPACIFIC RESOURCES LTD — Capital/Financing Update 2013

Jan 14, 2013

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GEOPACIFIC RESOURCES NL ACN 003 208 393

ASX ANNOUCEMENT

15 JANUARY 2013

ASX Code: GPR

info@geopacific.com.au www.geopacific.com.au

AUSTRALIAN OFFICE

LISTED OPTION EXPIRY

Suite 6, 125 Melville Parade Como, WA 6152

PO Box 111 South Perth, WA 6951

T +61 8 6365 5573 F +61 8 6210 1682

FIJI OFFICE

PO Box 9975 Nadi Airport Nadi

Exploration company, Geopacific Resources NL (“Geopacific” or “the Company”) (ASX: GPR) provides notice of the impending expiry of a class of listed options with an exercise price of 35 cents.

As a result of the significant difference between the exercise price and the current market price of the Company’s ordinary listed shares, a notice in accordance with Appendix 6A of the ASX Listing Rules will not be sent to registered holders, if there is a price movement in the Company’s ordinary shares such that the share price exceeds 26 cents before 18 January 2013 the Company will send a notice to option holders.

The Company has not complied with the correct notice period set out in clause 6.1 of Appendix 6A, however the Company provides the following information:

• a) There are 517 registered holders of listed options;

• b) There are 21,657,951 listed options over ordinary shares;

T +679 6 72 7150 F +679 6 72 7152

• c) The exercise price of these options is 35 cents;

• d) The due date for payment is 5pm AWST Saturday, 19 January 2013

• e) If you are a registered holder and you DO NOT wish to exercise your options

• then you need to nothing. The consequence of doing nothing will be that the options will lapse on close of business 19 January 2013;

• f) This class of listed options ceased to be quoted by ASX at close of market on

• 11 January 2013;

• g) At close of trade yesterday 14 January 2013, the market price for ordinary

• shares in the Company was 12 cents;

  • h) The highest price for shares in the Company over the preceding 3 months was

• 12 cents on 14 January 2013 and the lowest was 8.9 cents on 5 December 2012; i) N/A

  • j) N/A

There is no obligation on registered option holders to exercise their options, however if you have any queries please contact the Company Secretary on 08 9316 9100.

For and on behalf of the Board of Geopacific Resources NL.

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Mark Pitts Company Secretary

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