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RAGUSA MINERALS LTD Capital/Financing Update 2017

Jul 30, 2017

65664_rns_2017-07-30_f221b767-18bc-4bb5-ad7b-d4acb21bc22c.pdf

Capital/Financing Update

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SIV Asset Management Limited ACN 143 194 165

Level 17, 500 Collins Street Melbourne VIC 3000 Australia

ASX Code: SAM

31 July 2017

ASX MARKET ANNOUNCEMENT PLACEMENT CONFIRMATION

SIV Asset Management Limited (ASX:SAM) advises that it has received a placement commitment to raise approximately $83,754.23, comprising a placement of 1,675,085 Shares to sophisticated investors at an issue price of $0.05 per share. The shares pursuant to this offer will be issued under the Company’s placement capacity as per Chapter 7 of ASX Listing Rules. The funds raised will be used for general working capital purposes.

FOR FURTHER INFORMATION:

Simon Lindsay Managing Director Tel: +61 416 255 792