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REDCASTLE RESOURCES LIMITED Capital/Financing Update 2015

Dec 23, 2015

65668_rns_2015-12-23_1b249861-3e8f-49e9-a4c5-10e921b518eb.pdf

Capital/Financing Update

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GRP Corporation Limited

(to be renamed “Transcendence Technologies Limited”)

Suite 6, 295 Rokeby Road SUBIACO WA 6008 ABN 57 096 781 716 PH: +61 (0)8 6555 2950 FX: +61 (0)8 6166 0261 EM: [email protected] W: www.grpcorporation.com

ASX / MEDIA RELEASE ASX: GRP 24 December 2015

GRP CORPORATION LIMITED CLOSES PROSPECTUS OVER SUBSCRIBED

The Board of GRP Corporation Limited ( GRP or the Company ) is pleased to announce that the Prospectus Offer dated 11 December 2015 to raise $3.6 million has been oversubscribed and has closed.

Following the close of the Offer and attaining all required shareholder approvals at the Company’s annual general meeting on 9 December 2015, the Company is now working with the ASX to satisfy the listing requirements under Chapters 1 and 2 of the ASX Listing Rules, aiming to complete the acquisition of E-Collate ( E-Collate Acquisition ) and achieve reinstatement as Transcendence Technologies Limited ( ASX: TTL ) at the earliest date available.

END

FURTHER INFORMATION

Mark Rowbottam