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MACRO METALS LIMITED Capital/Financing Update 2019

Jun 27, 2019

65283_rns_2019-06-27_5baeb796-2c22-4bf6-b313-afff29896c47.pdf

Capital/Financing Update

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28 June 2019

ALLOTMENT COMPLETED FOR ENTITLEMENT ISSUE

Kogi Iron Limited (ASX: KFE, “Kogi”, “the Company”) confirms that further to the announcement on 26 June 2019, the Company instructed its registry to allot and issue 87,444,899 Listed Options under the Company’s non-renounceable option entitlement offer (“the Offer”).

Following this issue, the Company now has 661,644,742 Ordinary Shares and 87,444,899 Listed Options on issue.

The shortfall of Listed Options will be taken-up in accordance with the terms and conditions of the Underwriting Agreement between the Company and Patersons Securities Limited.

The Company will advise the market when the shortfall securities are allotted.

For more information, please contact:

Kogi Iron Limited Tel (office): +61 8 9200 3456 Email: [email protected]

KFE Capital SummaryOrdinary Shares:661,644,742Share price: $0.07Market capitalisation:$46m Board of DirectorsMr Don Carroll –Non-Executive ChairmanMr Martin Wood –Managing DirectorMr Greg Boulton AM –Non-Executive DirectorMr David Turvey –Non-Executive DirectorMr Peter Huljich –Non-Executive Director ContactUnit 23, 4 Ventnor Avenue,West Perth WA 6005Tel : +61 8 9200 3456Email:[email protected]W: www.kogiiron.com