METEORIC RESOURCES NL — Share Issue/Capital Change 2015

Nov 23, 2015

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24 November 2015

PUBLIC AUCTION FOR FORFEITED PARTLY PAID SHARES

Ground Floor 22 Delhi Street West Perth WA 6005 PO Box 963 West Perth WA 6872 Telephone: 08 9485 2836 Facsimile: 08 9321 6571 www.meteoric.com.au ABN 64 107 985 651

Venue: Conference Room Central Park Conference Centre Central Park 152 - 158 St George’s Terrace PERTH WA 6000

At: 11:00 am (WST), Wednesday 25 November 2015

Pursuant to ASX Listing Rule 3.12.2 and further to the ASX release made on 6 November 2015, Meteoric Resources NL (the Company ) advises that no funds have been received since the previous announcement.

As a result, a total of 27,490,014 forfeited party paid shares ( Sale Shares ) are currently available for auction.

The auction will be conducted as follows:

1. Shares to be auctioned:	Up to 27,490,014 ordinary shares in the capital of the Company.
2. Sale procedure:	Offers are to be made in cents per share or fractions thereof. TheShares will be offered in parcels no larger than 10% of the totalnumber to be offered.
3. Payment:	In accordance with ASX Listing Rule 7.39.1, settlement must beeffected on the day of the auction, or if the purchaser chooses,the next day on which the banks are open for business.
4. Settlement procedure:	At settlement, the purchaser shall execute a standard transferform in the amount of shares acquired.
5. Reserve price:	The Directors have set the reserve price at $0.05 for each SaleShare.

The Board notes its responsibilities under Section 254R Corporations Act 2001 which includes redemption of forfeited partly paid shares at any time up to or on the last business day (that being today) before the proposed sale.

Please contact the Company’s share registry if you wish to redeem your forfeited Shares.

Yours faithfully

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R Tieleman Company Secretary