QUANTUM GRAPHITE LIMITED — Regulatory Filings 2014

Jan 2, 2014

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ASX Circular

Date : 3 January 2014

Key topics

VALENCE INDUSTRIES LIMITED ADMISSION & COMMENCEMENT OF OFFICIAL QUOTATION

Valence Industries Limited (the “Company”) was admitted to the Official List of ASX Limited (“ASX”) today, Friday, 3 January 2014.

1. Valence Industries Limited

2. ASX Codes: VXL and VXLO

3. Quotation Commences:

• 11:00am A.E.D.T on Monday,

• 6 January 2014

Reading List

Client Advisers Corporate Advisory DTR Operators Institutions

Listing Officers ASX Settlement Participants Office Managers Operations Managers (back office) Research Analysts Share Registries ASX Clear Participants Market Participants

Authorised by

Adrian Smythe

Contact

Nathan Bartrop

Telephone

(02) 9227 0000

ASX Limited ABN 98 008 624 691 Exchange Centre 20 Bridge Street Sydney NSW 2000 PO Box H224 Australia Square NSW 1215

Internet: http://www.asx.com.au

No responsibility is accepted for any inaccuracies contained in the matter published.

Pursuant to the Company’s replacement prospectus dated 15 November 2013 (“Prospectus”), the Company issued 33,673,677 fully paid ordinary shares (“Shares”) at an issue price of $0.20 raising $6,734,735.40 and also issued 53,048,678 quoted options exercisable at $0.25 on or before 31 July 2016 (“Options”).

Official quotation of the Company’s securities will commence on Monday, 6 January 2014 at 11:00am A.E.D.T.

Quoted Securities: 117,091,910 Shares 36,798,678 Options ASX Codes: VXL (Shares) VXLO (Options) Time: 11:00am A.E.D.T Date: 6 January 2014 ASX Trade Abbreviation: VALENCE ISIN: AU000000VXL8 (Shares) AU000000VXLO4 (Options) Home Branch: Sydney Industry Classification: 1510 - Materials Registered Office: C/- Grant Thornton Level 1 67 Greenhill Road Wayville SA 5034 Phone: +61 8 8418 8580 www.valenceindustries.com Company Secretary Jaroslaw Kopias Share Registry: Link Market Services Limited

Link Market Services Limited Level 1, 333 Collins Street Melbourne, VIC 3000 Phone: 1300 554 474 Fax: +61 2 9287 0303

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Balance Date: 30 June CHESS: Participating Place of Incorporation: South Australia Dividend Policy: Refer to page 169 of the Prospectus Lead Manager and Underwriter: Patersons Securities Limited Activities: Exploration, production, processing and sale of graphite ASX Restricted Securities: 32,129,142 fully paid ordinary shares classified by ASX as restricted securities and to be held in escrow for a period of 24 months from the commencement of official quotation.

16,250,000 quoted options exercisable at $0.25 on or before 31 July 2016 classified by ASX as restricted securities and to be held in escrow for a period of 24 months from the commencement of official quotation.

6,500,000 unquoted options exercisable at $0.25 on or before 31 July 2016 classified by ASX as restricted securities and to be held in escrow for a period of 24 months from the commencement of official quotation.

2,750,000 performance rights with various performance based vesting conditions and to be held in escrow for a period of 24 months from the commencement of official quotation.

For further information please refer to the Prospectus.

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