RENASCOR RESOURCES LIMITED — Capital/Financing Update 2018

May 7, 2018

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ASX RELEASE May 08, 2018 Renascor Resources Ltd ABN 90 135 531 341

HEAD OFFICE 36 North Terrace Kent Town, SA 5067 Australia

Renascor Resources Limited (“the Company”) (ASX:RNU) hereby provides notice to the ASX for the purpose of section 708A(5)(e) of the Corporations Act that it has issued today 159,302,080 fully paid Ordinary Shares in the Company at an issue price of $0.027 per Ordinary Share without disclosure to investors under Part 6D.2 of the Corporations Act to raise $4,301,156.16 (before costs) by way of a placement as announced on 30 April 2018 (“the Placement”).

CONTACT

T: +61 8 8363 6989 F: +61 8 8363 4989 info@renascor.com.au www.renascor.com.au

ASX CODE RNU

The Company states that 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

• It is not aware of any excluded information within the meaning of Sections 708A(7) and 708A(8) of the Corporations Act.

An Appendix 3B with respect to the Placement was lodged by the Company with ASX today, 8 May 2018.

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FOR FURTHER INFORMATION, PLEASE CONTACT: David Christensen Angelo Gaudio Managing Director Company Secretary +61 8 8363 6989 info@renascor.com.au