IONIC RARE EARTHS LIMITED — AGM Information 2017

Nov 21, 2017

21 November 2017

ASX Announcement

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ANNUAL GENERAL MEETING – OPTION EXERCISE PRICE

Oro Verde Limited (“Oro Verde”) (ASX: OVL) refers to the Annual General Meeting to be held on Wednesday, 22[nd] November 2017 at 10:00am WST.

At the Meeting, shareholders will be asked to approve the grant of options to Directors with an exercise price being “a premium of 50% to the VWAP of the Shares on ASX over 30 trading days on which sales of the Shares are recorded before the date of this Meeting” ( Options ).

Oro Verde wishes to advise that should the grant of Options to the Directors be approved, the exercise price of the Options will be 1.3 cents each.

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For enquiries contact:

Mr Trevor Woolfe Managing Director +61 411 127 837

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Mr Brett Dickson Company Secretary +61 8 9481 2555

nt.

Oro Verde Limited (ASX code: OVL) Level 1, 34 Colin St, West Perth, WA 6005 Phone: +61 8 9481 2555 Fax: +61 8 9485 1290 Email: info@oroverde.com.au