PTR MINERALS LTD — Interim / Quarterly Report 2017

Jan 19, 2017

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20 January 2017

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PETRATHERM LIMITED ABN 17 106 806 884

Quarterly Activities Statement – December 2016

Summary

• The Company held $969,000 cash at the end of the quarter.

• New projects are being actively pursued with the aim of enhancing shareholder value.

Review of Operations

The Company had administration costs of $239,000 primarily relating to reporting & compliance, due diligence review and office costs during the quarter. The Company held $969,000 cash at the end of the quarter.

During the quarter, the Company complete the second stage of its share placement raising additional funds totaling $286,500.

The Company is continuing to explore ways of containing costs whilst reviewing new projects that will be accretive to shareholder value.

ASX Code: PTR

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ABN 17 106 806 884

169 Fullarton Road Dulwich SA 5065

T: +61 8 8133 5000 F: +61 8 8431 3502 W: www.petratherm.com.au/ E: admin@petratherm.com.au

MEDIA CONTACT: Andrew Haythorpe Petratherm Limited 08 8133 5000