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QX RESOURCES LIMITED Capital/Financing Update 2015

Aug 20, 2015

65654_rns_2015-08-20_6911c6b5-01c0-4847-a603-f842ef56d203.pdf

Capital/Financing Update

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20 August 2015

Manager of Company Announcements Australian Securities Exchange Level 6, 20 Bridge Street Sydney NSW 2000

By E-Lodgment

AMENDED RIGHTS ISSUE TIMETABLE

Black Mountain Resources Limited ( Black Mountain or the Company ) advises an amended timetable for its pro-rata, renounceable entitlement issue as announced on 13 August 2015.

The amended indicative timetable for the Rights Issue is as follows:

Event Date
Rights Issue announced, Appendix 3B and s708AA Notice 13 August 2015
Notice sent to Eligible Shareholders 13 August 2015
Shares trade on ‘ex’ entitlement basis, rights trading commences on adeferred settlement basis 17 August 2015
Record date 19 August 2015(5pm WST)
Completion of dispatch of offer documents and entitlement and acceptanceform to shareholders 24 August 2015
Rights trading ends 26 August 2015
Shares quoted on a deferred settlement basis 27 August 2015
Closing Date 2 September 2015
Notification of shortfall 7 September 2015
Allotment of new shares and dispatch of holding statements toshareholders and deferred settlement trading ends.Company to confirmall information required by theAppendix3B 10 September 2015

Note that all times are indicative only. The Company reserves the right to change these dates subject to the Corporations Act 2001 (Cth) and the ASX Listing Rules. All times are Australian Western Standard Time unless otherwise indicated.

For and on behalf of the Board

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Peter Landau

Executive Director

Black Mountain Resources Limited ABN 55 147 106 974

Ground Floor, 1 Havelock Street West Perth WA 6005 Tel: +61 (8) 9488 5220

[email protected]

www.blackmountainresources.com.au