RENASCOR RESOURCES LIMITED — Capital/Financing Update 2019

Dec 19, 2019

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20 December 2019 ASX Release

Extension of Share Purchase Plan

Renascor Resources Limited (ASX:RNU) (Renascor or Company) wishes to advise that the closing date for the Share Purchase Plan (SPP) announced to the market on 9 December 2019 will be extended for a period of two weeks from Friday 20 December 2019 to Friday 3 January 2020 at 5:00pm (AEDT).

Renascor has been made aware by numerous shareholders that postal deliveries have taken longer than anticipated, resulting in insufficient time for the shareholder to return their applications and cheque payments. The extension of the SPP date will allow eligible shareholders additional time to consider their position and will provide sufficient time in which to submit their applications and payments.

Under the SPP, eligible shareholders are able to subscribe for up to a maximum of $30,000 in RNU shares at the offer price of $0.011 per share without brokerage or transaction costs. RNU is raising up to $500,000 before expenses.

An updated timetable with the new closing date for the SPP is as follows:

4 December 2019 at 7.00pm (AEDT) Record Date 9 December 2019 Documents mailed to Eligible Shareholders 9 December 2019 Opening Date 3 January 2020 at 5.00pm (AEDT) Closing Date 13 January 2020 Allotment Date

• All dates specified in this announcement are indicative and may be subject to change.

Yours faithfully,

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Pierre van der Merwe

Company Secretary.

ASX Code: RNU

Phone: +61(0)8 8363 6989

Renascor Resources Limited 36 North Terrace ABN 90 135 531 341 Kent Town SA 5067

www.renascor.com.au info@renascor.com.au