MURRAY COD AUSTRALIA LIMITED — Capital/Financing Update 2015

Sep 14, 2015

ABN 74 143 928 625

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ASX CODE: TPR

ASX ANNOUNCEMENT 15 September 2015

TIMPETRA COMMENCE EARN-IN TO GOLD EXPLORATION ASSETS AND RE-INSTATEMENT TO OFFICIAL QUOTATION

Further to Timpetra Resources Limited's (ASX:TPR) (“Timpetra” or the “Company”) announcement of 8 September 2015, the Directors are pleased to announce that the Company has satisfactorily completed due diligence on its transaction with Zebina Minerals Pty Ltd (“Zebina”) and elected to proceed with the earn-in on the Jillewarra Project.

The Company has paid $10,000 cash and issued 1,100,000 fully paid ordinary shares (subject to a six month voluntary escrow period) to Zebina. None of the shareholders or directors of Zebina are related parties of or otherwise associated with the Company and the composition of the Board will not change as part of the transaction.

The Company has engaged the services of a consulting geologist to propose and manage an initial 12 month exploration program for the Jillewarra Project. The initial 12 month exploration program for the Jillewarra Project, subject to results, is set out as follows:

Description	$
Exploration Activities
Desk top study and historical data review	10,000
Site visit and exploration program prep	10,000
Initial MMI Geochem sampling as assay	35,000
Infill / follow up MMI sampling	15,000
3,500m targeted RAB drilling program	105,000
RAB drilling assays	11,500
Consulting supervising Geologist for drilling	10,000
Admin Costs	10,000
TOTAL	206,500

Pending the results of the historical data review and site visit, the most prospective targets will be identified and followed up with further MMI geochemical sampling. Pending favourable results, the Company will look to follow up the most prospective geochemical targets with a targeted 3,500m RAB drilling program.

For further information contact: Nick Geddes, Company Secretary 1300 134 875

Timpetra Resources Limited Registered Office: Level 8, 70 Pitt Street SYDNEY NSW 2000 www.timpetra.com

Shareholders should note the above table is a statement of current intentions as at the date of this announcement. Intervening events may alter the way the Company's cash reserves are ultimately applied by the Company. The Company will also continue to assess new projects and opportunities.

With the issue of 1,100,000 fully paid ordinary shares (subject to a six month voluntary escrow period) to Zebina, the capital structure of the Company is as follows:

Description	OrdinaryShares
Issued Capital before completion of transaction	62,839,969
Securities issued pursuant to the transaction	1,100,000
Current Capital Structure	63,939,969

Further details of the Jillewarra Project and the earn-in agreement are contained in the Company's announcement of 8 September 2015.

The Company requests ASX reinstate the Company's securities to official quotation.

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