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PTR MINERALS LTD M&A Activity 2016

Nov 28, 2016

65621_rns_2016-11-28_efa85590-58b2-41fb-8bad-d1b1de10fd21.pdf

M&A Activity

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PETRATHERM LIMITED

ABN 17 106 806 884

Level 1, 169 Fullarton Road Dulwich SA 5065 T: +61 8 8133 5000 W: www.petratherm.com.au E: [email protected]

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ASX ANNOUNCEMENT

29 November 2016

After careful consideration by the Board, and further discussions with the third party, the Company has agreed not to proceed with the execution of a term sheet for an acquisition.

The Company is committed to the continued review of new projects that will be accretive to shareholder value.

Yours sincerely,

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PTR MINERALS LTD — M&A Activity 2016

65621_rns_2016-11-28_efa85590-58b2-41fb-8bad-d1b1de10fd21.pdf

ASX ANNOUNCEMENT

29 November 2016

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PTR MINERALS LTD M&A Activity 2016