HAWSONS IRON LTD — Capital/Financing Update 2019

May 9, 2019

10 May 2019

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Carpentaria Resources Limited Share Purchase Plan

Dear Shareholder

Carpentaria Resources Limited (ASX: CAP) reminds shareholders that the closing date for the Company’s Share Purchase Plan offer is 5:00 pm (AEST) on Tuesday, 14 May 2019. (In accordance with the terms of the Share Purchase Plan, this date may be varied by the Company by lodging a revised timetable with ASX).

Shareholders may by clicking the following link view a recording of the webcast briefing from the Company’s Managing Director, Quentin Hill, which includes a detailed overview into the Company’s ambitious goals, the current Share Purchase Plan and intentions for the future:

• https://carpentariaresources.investorportal.com.au/spp/#investor presentation

In the session, Quentin outlines:

• Why prices in iron-ore are sitting around five-year highs;

• Why major steel manufacturers are keeping tabs on Hawsons Supergrade® product;

• Plans to advance the Hawsons Iron Project to production and deliver shareholder returns.

Further information on the current SPP open can be found at the Carpentaria Resources website where eligible shareholders can also request their personalised application form to participate in the Offer.

We encourage all shareholders to update their contact details to stay up to date with Company news and industry research here: https://carpentariaresources.investorportal.com.au/ .

For further information please contact: Bob Hair Company Secretary Carpentaria Resources Ltd +61 7 3220 2022

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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@capres.net.au www.carpentariares.net.au ABN 63 095 117 981 ASX : CAP

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