HAWSONS IRON LTD — Capital/Financing Update 2017

Nov 8, 2017

ASX ANNOUNCEMENT

==> picture [185 x 39] intentionally omitted <==

9 November 2017

Private Placement – Cleansing Notice under section 708AA(2)(f) of the Corporations Act 2001 (Cth)

On 6 October 2017, Carpentaria Exploration Limited (ABN 63 095 117 981) (ASX:CAP) ( CAP or Company ) announced a non-renounceable pro rata entitlement offer of approximately 18,026,356 fully paid ordinary shares in the Company ( Rights Issue ). On 3 November 2017, the Company announced a shortfall from the Rights Issue of 9,517,195 shares.

The Company has today announced that it has successfully placed a further $750,095 by the issue of 10,417,985 shares at $0.072 per share before costs. This amount is comprised of $685,238 by way of placement of the Rights Issue shortfall and the issue to sophisticated investors of 900,790 shares (together, the New Shares ) to raise a further $64,856.88.

The Company hereby gives notice that:

• (a) The New Shares have been issued without disclosure to investors under Part 6D.2 of the Corporations Act 2001 (Cth);

• (b) This notice is being given under section 708AA(2)(f) of the Corporations Act, as modified by ASIC Corporations (Non-Traditional Rights Issues) Instrument 2016/84;

• (c) as at the date of this notice, the Company has complied with:

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

  • (ii) section 674 of the Act; and

• (d) as at the date of this notice, there is no information that is ‘excluded information’ (within the meaning of sections 708AA(8) and 708AA(9) of the Act).

Attached is an Appendix 3B in respect of the New Shares.

Bob Hair Company Secretary

==> picture [595 x 27] intentionally omitted <==

==> picture [71 x 71] intentionally omitted <==

CONNECT WITH US:

==> picture [28 x 28] intentionally omitted <==

==> picture [28 x 28] intentionally omitted <==

==> picture [29 x 28] intentionally omitted <==

Level 6, 345 Ann St, Brisbane Queensland 4000 PO Box 10919, Adelaide Street, Brisbane Queensland 4000 Phone: + 61 7 3220 2022 Fax: + 61 7 3220 1291 info@capex.net.au www.carpentariaex.net.au ABN 63 095 117 981 ASX: CAP

We find it, We prove it, We make it possible