PREDICTIVE DISCOVERY LIMITED — Capital/Financing Update 2018

Dec 17, 2018

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ASX

Announcement

18 December 2018

ASX: PDI

Issued Capital: 236 million shares

Share Price: 1.5 cents

Market Capitalisation: $3.5m

Directors

Phillip Jackson Non-Exec Chairman

Paul Roberts Managing Director

David Kelly Non-Executive Director

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BOBOSSO UPDATE

Predictive Discovery Limited (“Predictive” or “the Company”) has a potential future beneficial financial interest in the Bobosso Project in Cote D’Ivoire. The project is now owned 100% by Progress Minerals International (Inc) of Canada following the recently announced agreement[1] between Predictive, West African Venture Investments and Progress by which Predictive exchanged its former 30% interest in the project for a $515,000 cash payment, the right to receive payments of US$4.30 per reserve ounce (totalling at least US$2.15 million) at mine development on up to three gold mines on the Bobosso properties. In addition, Predictive has no future liability for joint venture contributions.

Progress recently announced drill results from Bobosso, which can be read here: http://www.progressminerals.com/2018/12/11/progress-intersects-37m-2-54g-t-au18m-3-01g-t-au-bobosso-gold-project-cote-divoire/.

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Figure 1 – Predictive Discovery’s West African Gold properties and interests, including Bobosso.

1 ASX Announcement - $0.5 MILLION RECEIVED FOR BOBOSSO PROJECT - http://www.investi.com.au/api/announcements/pdi/34b495c0 afa.pdf

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For further details please contact:

Paul Roberts Managing Director Tel: +61 402 857 249 Email: paul.roberts@predictivediscovery.com

Bruce Waddell Company Secretary Tel: +61 8 6143 1840 Email: bruce.waddell@predictivediscovery.com

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