HAMMER METALS LIMITED — Capital/Financing Update 2016

Sep 6, 2016

7 September 2016

Notice under Section 708A (5)

The Company has today confirmed the issue of 23,250,002 fully paid ordinary shares as a private placement to sophisticated investors at $0.07 per share to raise $1,627,500 before costs, being the second tranche of a Placement as announced on 1 August 2016.

In addition the company confirms the issue of 11,374,711 fully paid ordinary shares in settlement of a convertible note and interest thereon.

The Company gives this notice pursuant to Section 708A(5)(e) of the Corporations Act 2001 (Cth) (“Act”).

The shares were issued without disclosure to investors under Part 6D.2 of the Act.

The Company as at the date of this notice has complied with

• a) the provisions of Chapter 2M of the Act as they apply to the Company; and

• b) section 674 of the Act.

As at the date of this notice, there is no excluded information for the purposes of sections 708A(7) and 708A(8) of the Act.

Yours faithfully

By Order of the Board

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Mark Pitts Company Secretary Hammer Metals Limited

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