METEORIC RESOURCES NL — Capital/Financing Update 2017

Dec 6, 2017

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ASX Release - ASX code: MEI

t 08 9485 2836 10 Outram Street f 08 9321 6571 WEST PERTH WA 6005 PO Box 963 WEST PERTH WA 6872 www. meteoric.com.au METEORIC RESOURCES[NL] abn 64 107 985 651

ASX Company Announcements Office

Australian Securities Exchange Limited

7 December 2017

NOTICE UNDER SECTION 708A(5)(e) CORPORATIONS ACT

The Directors of Meteoric Resources NL (the Company ) wish to announce that it has issued 50 million fully paid ordinary shares ( Shares ) at $0.062 each to institutional and professional investors and has thereby raised $3.10 million before costs.

The Shares were issued under the Company’s available 15% placement capacity in accordance with ASX listing rule 7.1.

Funds raised will be used to:

• Expedite further exploration at the Iron Mask and Mulligan primary cobalt properties including:

  • Detailed airborne geophysical surveys

  • Ground based exploration including geophysical and geochemical surveys

  • 2018 drilling campaigns

• 2018 funding of exploration programmes on all properties including the further progression of the Midrim Cu-Ni-Co-PGE project pending maiden drilling results

• Identification and pursuit of relevant additional opportunities

• General working capital

The Company gives notice under Section 708A(5)(e) of the Corporations Act 2001 (the Act ) that the Shares were issued without disclosure under Part 6D.2 of the Act; and

1. As at the date of this notice, the Company has complied with:

   • i. The provisions of Chapter 2M of the Act as they apply to the Company; and

   • ii. Section 674 of the Act.

2. As at the date of the notice, there is no “excluded information” (as defined in Section 708A(7) of the Act) which is required to be disclosed by the Company.

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Rudolf Tieleman Company Secretary

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