NEURIZER LTD — Capital/Financing Update 2016

Apr 5, 2016

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6 April 2016

Manager Companies Companies Announcements Office Australian Stock Exchange Limited

LEIGH CREEK ENERGY LIMITED

ASX ANNOUNCEMENT

Heads of Agreement Signed with Shanghai Electric Power Generation Group

• Leigh Creek Energy Limited is pleased to announce that it has signed a Heads of Agreement (“HoA”) with Shanghai Electric Power Generation Group.

Leigh Creek Energy Ltd (“LCK”) has signed a heads of agreement (the “HoA”) with Shanghai Electric Power Generation Group, which is the main business sector of Shanghai Electric Group Company Limited. In relation to the joint development of a power station in South Australia, in accordance with the HOA, LCK and the Company would work together to establish a joint venture company in South Australia, with the intent to build, own and operate a gas fired power station.

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Picture: David Shearwood, Justyn Peters and Jordan Mehrtens at Shanghai Electric office with Chinese partners.

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About Shanghai Electric Group Company Limited (“Shanghai Electric”)

Shanghai Electric is a leading diversified heavy industrial equipment manufacturing group in China. Headquartered in Shanghai, the Company’s businesses are divided into four segments, namely new energy equipment, high efficiency and clean energy equipment, industrial equipment, and modern services. The Group has established business relationships with numerous internationally renowned manufacturers, including Siemens, ABB, Mitsubishi Electric, Ansaldo Energia and Fanuc. Shanghai Electric was listed on the Main Board of The Stock Exchange of Hong Kong in April 2005, and was included in MSCI Standard Index Series in August 2005. In December 2008, the Group was listed on the Shanghai Stock Exchange as an A share through the merger with Shanghai Power Transmission and Distribution by way of share exchange.

Commenting on the signing of the HoA Justyn Peters, Executive Chair of LCK said:

“We are very pleased to have developed our relationship to the point where we have now agreed to sign a HoA. The generation of base load power through a gas fired power station is important both to our company and to South Australia. We see this as a great first step in our development as an energy company.

The building, owning and operating of a power station ensures the success of our project, but also has the ability to provide cheaper, reliable power to industry and mines in South Australia. I look forward to updating the market with the progress of this project and additional news.”

For further information Media contact: Justyn Peters Adam Jarvis Executive Chairman Six Degrees Investor Relations Leigh Creek Energy Ph: 0424 297 736 Ph: (08) 8132 9100 Email: adam.jarvis@sdir.com.au

About Leigh Creek Energy

Leigh Creek Energy Limited (LCK) is an emerging gas company focused on developing its Leigh Creek Energy Project (LCEP), located in South Australia. The LCEP will produce high value products such as electricity, methane and fertiliser from the remnant coal resources at Leigh Creek utilising In Situ Gasification technologies, and will provide long term growth and opportunities to the communities of the northern Flinders Ranges and South Australia.

The Company is committed to developing the LCEP using a best practice approach to mitigate the technical, environmental and financial project risks to as low as can be reasonably achieved.

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