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IMAGE RESOURCES NL Capital/Financing Update 2016

Dec 21, 2016

65117_rns_2016-12-21_20741702-2f64-4bfb-8ec6-ebda79b7999b.pdf

Capital/Financing Update

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22 December 2016

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DISPATCH OF OFFER MEMORANDUM FOR UNCONDITIONALLY FULLY UNDERWRITTEN RIGHTS ISSUE

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Image Resources NL (ASX: IMA) (“Image” or “the Company”) is pleased to confirm that the Offer Memorandum and Entitlement Forms were dispatched to Shareholders today, 22 December 2016.

As announced on 14 December 2016, the Company is undertaking a non-renounceable rights issue to shareholders on the basis of 5 new shares for every 12 shares held at 19 December 2016 at an issue price of $0.04 per new share to raise approximately $6.325M (before costs) ( Rights Issue ).

The Rights Issue is unconditionally fully underwritten.

For further information, please contact:

Patrick Mutz Managing Director +61 8 9485 2410 [email protected] www.imageres.com.au

Image Resources NL ABN 57 063 977 579 Ground Floor, 23 Ventnor Ave West Perth WA 6005 | PO Box 469 West Perth WA 6872 T: 08 9485 2410 | F: 08 9486 8312 www.imageres.com.au

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