GEOPACIFIC RESOURCES LTD — Capital/Financing Update 2014

Jul 2, 2014

ASX ANNOUNCEMENT

SUCCESSFUL $5.0 M SHARE PLACEMENT

GEOPACIFIC RESOURCES LIMITED

ACN 003 208 393

ASX Code: GPR

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

AUSTRALIAN OFFICE

Level 1, 278 Stirling Highway Claremont, WA 6010. PO Box 439, Claremont, WA 6910. T +61 8 6143 1823

Geopacific Resources Limited (“t he Company ”) wishes to advise that it has successfully achieved its goal of raising $5.0 Million by completing a Placement to Institutional, Sophisticated and Professional Investors of 91,889,916 shares at $0.055 cents per share.

The funds raised from this Placement will be invested by the Company into its exploration activities at its Kou Sa project in Cambodia and for general working capital.

The Company’s Managing Director Ron Heeks advised:

“This is a difficult market so to get this level of support for the Company from investors is outstanding. We thank our existing significant investors who participated in this raising and welcome our new investors, to the Company.”

FIJI OFFICE

PO Box 9975 Nadi Airport Nadi T +679 6 72 7150 F +679 6 72 7152

DIRECTORS

Chairman: Milan Jerkovic Managing Director: Ron Heeks Non-Exec Director: Mark Bojanjac Non-Exec Director: Russell Fountain Company Secretary: John Lewis

PROJECTS

CAMBODIA: Kou Sa Copper

FIJI:

Sabeto/Vuda Gold-Copper Rakiraki Gold Nabila Copper-Gold

“Geopacific will now look forward to a busy season of exploration as we move towards an initial JORC resource at our Kou Sa project.”

PLACEMENT DETAILS:

The Company will issue 91,889,916 fully paid ordinary shares at an issue price of $0.055 per share.

The Placement will be made pursuant to the authority granted by Shareholders at the Company’s AGM on 30 May 2014 to issue 50 Million shares. The balance of shares to be issued will be made using the Company’s available capacity pursuant to Listing Rule 7.1 and 7.1A. As such further shareholder approval will not be required at this time.

Settlement of the Placement is expected to occur on 9 July 2014 with the new shares expected to be allotted and to commence trading on the ASX on 10 July 2014.

The new shares will rank pari passu with existing Geopacific Resources Limited shares. BBY Limited acted as the Lead Manager to the Placement.

As a result of the successful completion of this capital raising, Geopacific requests the ASX lifts the temporary Voluntary Suspension granted on 1 July 2014.

MEDIA CONTACTS

Collins Street Media Simon Jemison +61 3 9224 5319 Ian Howarth + 61 3 9223 2465

For and on behalf of the Board

Mr John Lewis

Company Secretary 3 July 2014