GEOPACIFIC RESOURCES LTD — Capital/Financing Update 2017

Sep 10, 2017

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ASX Listing Rule 3.10.5A Disclosure

11 September 2017

This notice is given by Geopacific Resources Limited ACN 003 208 393 (“Company”) pursuant to ASX Listing Rule 3.10.5A in relation to an issue of 350,000,000 fully paid ordinary shares by the Company without disclosure to investors under Part 6D.2 of the Corporations Act.

The shares were issued by way of a placement to sophisticated and professional investors, pursuant to the Company’s available capacity pursuant to Listing Rule 7.1 (210,931,722 shares) and Listing Rule 7.1A (139,068,278 shares).

Geopacific provides the following disclosures under ASX Listing Rule 3.10.5A:

• (a) The dilutive effect of the Placement on existing shareholders was as follows:

Fully paid ordinary sharesissued under:	Number ofshares issued	% of post Placementissued share capital
Listing Rule 7.1	210,931,722	12.0%
Listing Rule 7.1A	139,068,278	7.9%
Total	350,000,000	19.9%

The percentage of the post Placement issued capital held (in aggregate) relating to shares issued under the Placement was as follows:

Category	Percentage
Pre-placement shareholders who did not participate in the Placement	51.8%
Pre-placement shareholders who did participate in the Placement	48.2%
Participants in the Placement who were not previously shareholders	0.7%

• (b) The Company issued the shares as a Placement under Listing Rule 7.1A to sophisticated and professional investors as it was of the view that this was the most appropriate mechanism and lease dilutive way to raise the funds required to achieve its stated objectives.

• (c) The Company confirms that no underwriting agreements were entered into in respect of the Placement.

• (d) The fee payable by the Company in connection with the Placement comprised a cash fee of 5% (excluding GST) of the gross funds raised pursuant to the Placement.

Geopacific Resources Limited ASX Code: GPR www.geopacific.com.au

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Contact

For further information on this update or the Company generally, please visit our website at www.geopacific.com.au or contact:

Mr. Ron Heeks

Ms. Philippa Leggat

Managing Director Executive Director Corporate

Company details	Board	Projects
Geopacific Resources Limited	Milan JerkovicChairman	PAPUA NEW GUINEA
ACN 003 208 393	Ron HeeksManaging Director	Woodlark Island Gold
ASX Code: GPR	Philippa LeggatExecutive Director	CAMBODIA
		Kou Sa Copper
info@geopacific.com.au	Mark BojanjacNon-Exec Director
		FIJI
http://www.geopacific.com.au	Ian ClyneNon-Exec Director	Nabila Gold, Rakiraki Gold, Sabeto Gold-
T +61 8 6143 1820	Matthew SmithCompany Secretary	Copper, Vuda Gold-Copper, Cakaudrove
		Gold-Silver
HEAD OFFICE
Level 1, 278 Stirling Highway, Claremont WA 6010.
PO Box 439, Claremont WA 6910.

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