RENASCOR RESOURCES LIMITED — Capital/Financing Update 2016

Oct 9, 2016

ASX Announcement

10 October 2016

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CLEANSING STATEMENT

Renascor Resources Limited (“the Company”) (ASX:RNU) advises that it issued 46,487,767 shares on 6 October 2016 following the underwritten exercise of listed options at $0.03 expiring on 30 September 2016 and raising $1,359.633 (before costs). On 10 October 2016 it issued 17,871,714 shares in relation to the shortfall of the underwritten exercise of listed options at $0.03 expiring on 30 September 2016 and raising a further $536,151 (before costs).

The Company provides notice to the ASX for the purpose of section 708A(5)(e) of the Corporations Act that:

• 1. the shares were issued without disclosure to investors under Part 6D.2 of the Corporations Act; and
• 1. as at the date of this notice it has complied with the provisions of Chapter 2M of the Corporations Act as they apply to the Company and section 674 of the Corporations Act; and
• 1. as at the date of this notice it is not aware of any excluded information with the meaning of Sections 708A(7) and 708A(8) of the Corporations Act.

Background information

Renascor Resources is an Australian-based company focused on the discovery and development of economically viable mineral deposits. Renascor has an extensive tenement portfolio, holding interests in projects in key mineral provinces of South Australia, the Northern Territory and Western Australia, including significant graphite projects near Arno Bay, South Australia and at Munglinup, Western Australia.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Mr David Christensen

Mr Angelo Gaudio

Managing Director Company Secretary +61 8 8363 6989 info@renascor.com.au

ACN 135 531 341 36 North Terrace, Kent Town, SA 5067 Phone: +61 8 8363 6989 • Fax: +61 8 8363 4989 Email: info@renascor.com.au

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ASX code: RNU

www.renascor.com.au