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POLARX LIMITED Share Issue/Capital Change 2017

Aug 13, 2017

65639_rns_2017-08-13_0cb1f990-4790-4c0b-a9be-095ee3295bf3.pdf

Share Issue/Capital Change

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For Immediate Release 14 August 2017 Australian Securities Exchange: CYY

SHARE CONSOLIDATION COMPLETED

Coventry Resources Limited (“the “Company”) advises that the 5 to 1 share consolidation (“Consolidation”), which was approved by the Company’s shareholders on 30 June 2017, has completed.

Following completion of the Consolidation, the Company’s capital structure is as follows:

– CYY Quoted (post Consolidation)

238,897,103 Ordinary Fully Paid Shares

‐ Unquoted Options (post Consolidation)

5,172,370 options expiring various dates and with various exercise prices as further detailed below:

UNL OPT EXP UNL OPT EX UNL OPT EX UNL OPT EXP UNL OPT EXP
17/08/17 @ 19.02.20 @ 30.06.18 @ 17.06.20 @ 30.08.19 @
*C$0.25 $0.0715 $0.13 $0.175 $0.195
226,170 4,000,000 146,200 400,000 400,000

*Denotes Canadian dollars

The Company’s share registry has dispatched notices to shareholders confirming details of their shareholdings on both a pre and post Consolidation basis.

Normal trading will commence under the Company’s ASX code CYY today.

For further information please contact:

Ian Cunningham Company Secretary +61 8 9226 1356 [email protected]

Coventry Resources Limited (ACN 161 615 783) Suite 9, 5 Centro Avenue, Subiaco Western Australia 6008 PO Box 457, West Perth Western Australia 6872

t: +61 8 9226 1356 f: +61 8 9226 2027 e: [email protected] www.coventryres.com