Lachlan Star Limited — Capital/Financing Update 2018

May 24, 2018

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Capital Structure

The capital structure of the Company following completion of the Offers, is summarised below:

	Securities		Options
	Ordinary Shares		753,865,663
	Unlisted Options		105,000,0001

Notes :

1. Unquoted Options exercisable at $0.005 each on or before 31 December 2021.

CONFIRMATIONS

1. The communication person is Gary Steinepreis for the purposes of Listing Rule 1.1 condition 13.

2. The Company is in compliance with the listing rules and in particular Listing Rule 3.1.