LIVIUM LTD — Capital/Financing Update 2014

Jan 7, 2014

ASX Announcement

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8 January 2014

COMPANY DETAILS

ABN : 29 126 129 413

DRILLING TO COMMENCE AT MANTOS GRANDES COPPER/GOLD DEPOSIT, CHILE

PRINCIPAL AND REGISTERED OFFICE Cobre Montana NL Suite 3 23 Belgravia Street Belmont WA 6104

POSTAL ADDRESS PO Box 588 Belmont WA 6984

W www.cobremontana.com.au

Field activities commenced at Mantos Grandes in December 2013, in preparation for drilling scheduled for early 2014. Cobre Montana is pleased to announce the following milestones:

• Diamond drilling contract awarded

• Completion of site access road upgrade

• All river crossings now trafficable for drilling and service equipment

• Site camp refurbished to house field crew

• Drill pad preparation to be completed the week ending 10 January 2014

E info@cobremontana.com.au

P +61 8 6145 0288 F +61 8 9475 0847

ASX CODE CXB

CORPORATE INFORMATION (8 January 2014) 62M Ordinary Shares 12M Contributing Partly Paid Shares 12M Unlisted Options

BOARD OF DIRECTORS Eduardo Valenzuela (Non-Executive Chairman) Adrian Griffin (Managing Director) Bryan Dixon (Non-Executive Director)

Geologists and support team are now located on-site and drilling equipment is scheduled for mobilization on 13 January with drilling scheduled to commence on 15 January.

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Road works near Mantos Grandes copper/gold mine

The drilling program forms part of the first sole funding period by which Cobre Montana has the right to earn 65% of the Mantos Grandes project from Southern Hemisphere Mining Ltd (ASX:SUH). Details of the Farmin were released to the ASX on 27 September 2013.

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About Cobre Montana

Cobre Montana NL is an Australian based exploration company established to generate significant shareholder wealth by identifying, acquiring, exploring and/or developing substantial mineral projects that possess the potential for significant cashflow and/or exploration upside. Cobre’s principal exploration and development target is the Mantos Grandes copper/gold mine in Chile in which Cobre has the right to earn a 65% interest.

Investors wanting more information should contact:

Adrian Griffin Managing Director T: +61 8 6145 0288

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