ODYSSEY GOLD LTD — Capital/Financing Update 2017

Apr 18, 2017

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ASX ANNOUNCEMENT

19 April 2017

NOTICE OF SHORTFALL FOR ENTITLEMENT OFFER

Odyssey Energy Limited (“ Odyssey ” or “ Company” ) is pleased to announce that the Company has received applications for 205,771,135 Shares at an issue price of $0.05 each under the Company’s two for one renounceable entitlement offer (“ Offer ”).

The shortfall for the Offer is 12,582,505 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:

Clint McGhie | 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