ODYSSEY GOLD LTD — Capital/Financing Update 2014

Sep 9, 2014

==> picture [293 x 90] intentionally omitted <==

ASX ANNOUNCEMENT

10 September 2014

NOTICE OF SHORTFALL FOR ENTITLEMENTS OFFER

Odyssey Energy Limited (“ Odyssey ” or “ Company” ) is pleased to announce that the Company has received applications for 49,703,298 Shares at an issue price of $0.05 each under the three for two renounceable entitlements offer (“ Offer ”).

The shortfall for the Offer is 15,802,794 Shares. In accordance with the terms of the Offer, the Directors will exercise their discretion to offer the shortfall securities to nominated parties. In accordance with the ASX Listing Rules the shortfall securities will be allotted within three (3) months from the closing date of the Offer.

For enquiries, please contact:

Dylan Browne | Company Secretary Tel: +61 8 9322 6322

ABN: 73 116 151 636 ASX:ODY Level 9, BGC Centre, 28 The Esplanade, Perth WA 6000 Tel: +61 8 9322 6322 Fax: +61 8 9322 6558