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HARTSHEAD RESOURCES NL Capital/Financing Update 2016

Mar 1, 2016

65052_rns_2016-03-01_f1df7d07-d77a-4b18-88b2-c6d3349617c9.pdf

Capital/Financing Update

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2 March 2016

PRO-RATA NON-RENOUNCEABLE RIGHTS ISSUE DISPATCH OF OFFER DOCUMENT

Pura Vida Energy NL ( Pura Vida or Company ) (ASX: PVD) is pleased to advise that the Offer Document for the pro-rata non-renounceable entitlement issue as announced on Monday, 22 February 2016 ( Offer ) and the Entitlement and Acceptance Forms have been dispatched to eligible shareholders today.

As previously advised, the Offer will be conducted in accordance with the following indicative timetable:

Event Date
Announcement of Offer, Offer Document, Appendix 3B and First Cleansing Notice Monday, 22 February 2016
Notice sent to Security holders Tuesday, 23 February 2016
Ex Date(date from which securities commence trading without the entitlement to participatein the Offer) Thursday, 25 February 2016
Record Date(date for determining entitlements of eligible shareholders to participate in theOffer) Monday, 29 February 2016
Offer Opens and Offer Document dispatched to Shareholders(expected date of dispatch of Offer Document, Entitlement and Acceptance Forms) Wednesday, 2 March 2016
Closing Date1 5.00 pm (AWST) Thursday, 24 March 2016
New Shares quoted on a deferred settlement basis Tuesday, 29 March 2016
ASX notified of under subscriptions Thursday, 31 March 2016
Issue Date2**Second Cleansing Notice lodged with ASX **(under section 708A(5)) Monday, 4 April 2016
Dispatch Holding Statements2 Tuesday, 5 April 2016

1 Subject to the ASX Listing Rules, the Directors reserve the right to extend the Closing Date for the Offer at their discretion. Should this occur, the extension will have a consequential effect on the anticipated date of issue for the Securities.

2 Dates are indicative only.

Shareholders eligible to participate in the Offer should read the Offer Document carefully and consult professional advisers as necessary.

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For more information:

General Enquiries Entitlement Offer Enquiries Damon Neaves, Managing Director Dennae Lont, Company Secretary w: +61 8 9226 2011 w: +61 8 9226 2011 e: [email protected] e: [email protected]