PAINCHEK LTD — Capital/Financing Update 2015

Aug 17, 2015

MinQuest Ltd. 1/47 Park Road, Milton, QLD 4064

P: +61 7 3511 6570 E: info@minquest.com.au W: www.minquest.com.au ACN 146 035 127

18
August
2015 Company
Announcements
Office Australian
Securities
Exchange
Limited PO
Box
H224 Australia
Square
NSW
1215

**MinQuest

Limited**

**– Cleansing

Notice Placement**

This
notice
is
given
by
MinQuest
Limited
(ASX
code:
MNQ)
( MinQuest )
as
required
by
section 708A(5)(e)
of the
Corporations
Act
2001
(Cth)
( Corporations
Act ).
As
outlined
in
MinQuest’s
announcement of
12
August 2015,
MinQuest
has
completed
a
placement
of
41,936,370
ordinary
shares
( Placement Shares )
to institutional
and
sophisticated
investors
( Placement ).

In
accordance
with
section
708A(6)
of
the
Act,
MinQuest
confirms
that:

1. The
   Placement
   Shares
   were
   issued
   without
   disclosure
   to
   investors
   under
   Part
   6D.2
   of
   the
   Corporations Act.

2. This
   notice
   is
   being
   given
   under
   section
   708A(5)(e)
   of
   the
   Corporations
   Act.

3. As
   at
   the
   date
   of
   this
   notice,
   MinQuest
   has
   complied
   with:

4. (a) the
   provisions
   of
   Chapter
   2M
   of
   the
   Act
   as
   they
   apply
   to
   MinQuest;
   and

5. (b) section
   674
   of
   the
   Corporations
   Act.

As
at
the
date
of
this
notice,
there
is
no
information
that
is
‘excluded
information’
(within
the
meaning of sections
708A(7)
and
708A(8)
of
the
Corporations
Act).

Yours
faithfully,

==> picture [137 x 50] intentionally omitted <==

Stephen
Kelly Company
Secretary
and
Chief
Financial
Officer