IODM LIMITED — Capital/Financing Update 2017

Sep 12, 2017

==> picture [596 x 82] intentionally omitted <==

13 September, 2017

ASX Limited

40 Central Park 152 – 158 St Georges Terrace PERTH WA 6000

RIGHTS ISSUE – SHORTFALL NOTICE

IODM Limited (‘ IODM ’ or ‘ the Company ’) advises that its non-renounceable rights issue of 3 new shares for every 8 shares held, at an issue price of $ 0.008 per share (‘Rights Issue’) closed on 8 September 2017.

In accordance with Appendix 7A of the ASX Listing Rules, the Company advises that it received valid entitlement issue acceptances for 4,290,376 shares and shortfall offer applications for 1,346,687 shares resulting in a total of 5,637,063 new shares. The remaining shortfall balance consists of 118,639,232 shares.

In addition the rights issue has been partially underwritten by Domain Capital to the amount of $ 700,000.

The total funds raised from the issue of the 5,637,063 new shares is approximately $ 45,097 before costs.

For further information please contact:

Petrina Halsall

Company Secretary

IODM Limited ABN 28 102 747 133 `Level 5, 22 Albert Road, South Melbourne, VIC, 3205 www.iodm.com.au