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GR ENGINEERING SERVICES LIMITED Capital/Financing Update 2015

Jun 4, 2015

65003_rns_2015-06-04_13f1d267-c27d-4f0a-8b52-fe8f6a31f00b.pdf

Capital/Financing Update

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ASX Announcement

Friday 5[th] June

Sirius Resources NL

ASX code: SIR

SIRIUS SIGNS EPC CONTRACT AND POWERLINE CONTRACT

ABN: 46 009 150 038

Key points

Head office:

253 Balcatta Road Balcatta, Western Australia 6021

Postal address:

PO Box 1011 Balcatta, Western Australia 6914

Tel: +61 8 6241 4200 Fax: +61 8 6241 4299

Email: [email protected] Web: www.siriusresources.com.au

Projects:

Fraser Range nickel-copper, gold Polar Bear gold, nickel

  • Sirius has entered into an engineering, procurement and construction contract with GR Engineering Services

  • Sirius has entered into an overhead power line construction contract with Future Power WA Pty Ltd

Sirius Resources NL (ASX:SIR) (“Sirius” or the “Company”) advises that it has entered into an engineering, procurement and construction (EPC) contract for the design and construction of the mineral processing and paste fill plant for the Nova Nickel Project (Contract) with GR Engineering Services Limited (ASX:GNG).

GR Engineering Services Limited (ASX:GNG) is an ASX listed engineering and consulting contractor specialising in fixed price engineering design and construction services to the resources and mineral processing industry.

Work under the Contract will commence immediately and is scheduled for completion in November 2016. The Contract value is approximately $114 million.

Sirius’ Managing Director Mark Bennett said: “I am very pleased to award the Nova processing plant EPC contract to GR Engineering Services. GRES is very experienced in building these processing plants and has a very successful track record of doing so in Western Australia”.

Sirius has also entered into a contract with Future Power WA Pty Ltd (Future Power) for the construction of the 11kv overhead power line at the Nova Nickel Project. This contract value is approximately $3 million.

Future Power is a West Australian owned and operated organisation specialising in all aspects of high voltage, low voltage and renewable energy design, construction and maintenance.

Mark Bennett, Managing Director and CEO

For further information, please contact:

Anna Neuling Director – Corporate & Commercial +61 8 6241 4200

Sirius Media:

Warrick Hazeldine / Michael Vaughan Cannings Purple +61 417 944 616 / +61 422 602 720