MURRAY COD AUSTRALIA LIMITED — Capital/Financing Update 2016

Dec 11, 2016

ABN 74 143 928 625

Registered Office 1 Level, 153 Yambil Street Griffith NSW 2680

Phone: +61 (02) 6962 5470 Fax: +61 (02) 6964 1546

ASX CODE: TPR ASX ANNOUNCEMENT

9 December 2016

Offer closes early and oversubscribed - Maximum of $10m raised

Timpetra Resources Limited (Timpetra or the Company) advises that it has today closed its offering early and oversubscribed, successfully raising the maximum amount of $10 million. The offer closed on Friday 9 December 2016 at AEST 6pm, one week ahead of its scheduled close of 16 December 2016. The company’s shares are expected to begin trading on the Australian Securities Exchange (ASX) in mid-January 2017 after the pending AGM shareholder approval next Friday on 16 December 2016 and subsequent completion of the transaction. The company is liaising with ASX with respect to the ASX reinstatement process.

Timpetra will relist on the ASX under its new name “Murray Cod Australia Limited” and new ASX Code MCA with an implied market capitalisation of $17.3 million, based on the $0.05 per share offer price.

“We have been overwhelmed by the investor support, and it’s a fantastic endorsement of our company, its new acquisitions and our people and advisors,” said Timpetra Chairman Ross Anderson.

For further information please contact:-

Ross Anderson, Chairman.

(t) 02 6964 1544