JATCORP LIMITED — Capital/Financing Update 2016

Dec 6, 2016

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7 December 2016

ASX Company Announcements Office ASX Compliance Pty Limited 20 Bridge Street SYDNEY NSW 2000

Offer of Partially Underwritten Non‐Renounceable Rights Issue to all Shareholders

Jatenergy Limited (ASX: JAT) advises that it will undertake a partially underwritten 1 for 11 non‐ renounceable rights issue to eligible shareholders at 1.0 cents for each new share to raise up to $156,602 before issue costs.

The Offer will be partially underwritten to $52,381 by related parties of Mr Tony Crimmins, Executive Chairman, who will underwrite $23,674 Mr Wilton Yao, director who will underwrite $6,818 and Mr Adam Hajek, a substantial shareholder who will underwrite $21,889. There will be no fee paid to the underwriters. The underwriters intend to take up their full entitlements.

Shareholders at the Record Date (other than Directors and related parties) may apply for additional shares, over and above their entitlements at 1.0 cent per share. Additional Shares will only be available where there is a shortfall between applications received from Eligible Shareholders, and the number of New Shares proposed to be issued under the Offer. Additional Shares will be issued at the discretion of the Directors at an issue price of 1.0 cents per Additional Shares.

Proceeds from the rights issue will be used as general working capital, including the costs of office and corporate administration.

The proposed timetable for the issue is as follows:

office and corporate administration.Theproposed timetable for the issue is as follows:
Announcement of Rights Issue and Lodgement of Appendix 3B and	7 December 2016
Section 708AA Cleansing Notice with ASX
Notice to security holders containing the information required by	7 December 2016
Appendix 3B and details of the timetable for issue sent to
shareholders
“Ex” date from which shares commence trading without entitlement	9 December 2016
to participate in the Rights Issue
Record Date	12 December 2016
Offer and entitlement documents sent to shareholders	13 December 2016
Opening of Offer	13 December 2016
Last day to extend the offer closing date	19 December 2016
Last day for acceptance (close date)	22 December 2016

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Securities quoted on a deferred settlement basis	23 December 2016
ASX notified of under subscriptions	29 December 2016
Issue Date (deferred settlement trading ends)	30 December 2016
Normal trading commences	3 January 2017
Holding Statements sent to shareholders	3 January 2017

The Offer is being made to shareholders with registered addresses in Australia and New Zealand on the Record Date of the Offer which is 5pm on Monday 12 December 2016. The Company has determined that it would be unreasonable to extend the Offer to shareholders with a registered address outside Australia and New Zealand having shares that would be offered and the potentially substantial costs of complying with the legal and regulatory requirements in those jurisdictions.

Also enclosed is a Notice of Intention to offer the rights issue and a copy of the New Issue Announcement lodged with the ASX. The Offer Document will be lodged with ASX on 7 December 2016 and will be available on the ASX website.

Copies of the Offer Document and the entitlement and acceptance form will be sent to shareholders on 13 December 2016.

The Company will lodge with the ASX an Appendix 3B under which the Company will apply for quotation on ASX of the New Shares to be issued pursuant to the Offer.

Yours faithfully

Graeme Hogan Company Secretary