RENASCOR RESOURCES LIMITED — Share Issue/Capital Change 2016

Sep 4, 2016

ASX Announcement

5 September 2016

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NOTIFICATION OF EXPIRY OF LISTED OPTIONS

Renascor Resources Limited (“the Company”) (ASX: RNU) hereby advises that the attached letter has been sent to holders of its listed options (ASX: RNUO) exercisable at 3 cents on or before 30 September 2016 (“Options”).

Options may be exercised at any time from now until the close of business on 30 September 2016.

Please see the attached notice to option holders and for further information, please contact:

Mr Angelo Gaudio Company Secretary Renascor Resources Limited +61 (0)8 8363 6989

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

ASX code: RNU

www.renascor.com.au

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2 September 2016

Dear Option Holder

YOUR OPTIONS TO ACQUIRE RENASCOR RESOURCES LIMITED SHARES AT 3 CENTS PER SHARE EXPIRE ON 30 SEPTEMBER 2016

We are writing to you as a registered holder of 30 September 2016 options in RENASCOR RESOURCES LIMITED to remind you that the options will expire at 5:00pm Eastern Standard Time (EST) on 30 September 2016.

Your options holding may be exercised in whole or in part by payment of 3 cents for each option by no later than 30 September 2016. If payment is not received by 5:00pm (EST) on 30 September 2016 the options will lapse and all rights under the options will cease at that time.

As announced today, Bizzell Capital Partners, an entity associated with Renascor’s Chairman, Mr Stephen Bizzell, has agreed to underwrite any options not exercised by option holders.

Some of the courses of action available to you as a holder of these soon-to-expire options are:

• (a) Exercise the options on or before 30 September 2016;

• (b) Sell your options. Quotation of the options will cease at the close of trading 26 September 2016; or

• (c) Do nothing (i.e., allow your options to expire). If you do not exercise or sell your options they will expire on 30 September 2016 and your right to subscribe for ordinary shares in Renascor Resources Limited at 3 cents a share will lapse.

There is no obligation on options holders to exercise their options. However, under clause 6.1 of Appendix 6A of the Australian Securities Exchange (ASX) Listing Rules, the Company is required to advise option holders of the information contained in this notice.

The market closing price of ordinary Renascor Resources Limited on the ASX was 3.7 cents on Wednesday 31 August 2016, being second to last trading day prior to the date of this notice. During the three (3) months preceding the date of this notice:

• The highest market sale price of ordinary shares on ASX was 6.0 cents which occurred on 12 August 2016; and

• The lowest market price of ordinary shares on ASX was 1.6 cents on 11 July 2016.

If you wish you exercise your options then you must complete the “Notice of Exercise of Options” form accompanying this notice and forward it together with payment of 3 cents per option being exercised to be received no later than 5:00pm (EST) on 30 September 2016 to the Company’s head office, being:

Renascor Resources Limited 36 North Terrace Kent Town SA 5067

Cheques should be made payable to “Renascor Resources Limited” in Australian dollars only and should be crossed “Not Negotiable”.

If you have any queries regarding your current holdings then please do not hesitate to contact our Registry, Link Market Services Limited, on 1300 554 474 (from within Australia) or +61 1300 554 474 (from outside Australia).

All other questions should be directed to Mr Angelo Gaudio (Company Secretary) in Adelaide on (08) 83636989.

Yours faithfully

Angelo Gaudio

Company Secretary

ASX Code: RNU

36 North Terrace Phone: +61(0)8 8363 6989 Kent Town SA 5067 Fax: +61(0)8 8363 4989

Renascor Resources Limited ACN 135 531 341

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

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All Registry communications to: Link Market Services Limited Locked Bag A14 Sydney South NSW 1235 Australia Telephone: +61 1300 554 474 ASX Code: RNUO

Website: www.linkmarketservices.com.au

ABN 90 135 531 341

SRN/HIN:

Number of Options held as at 31 August 2016: Conversion Ratio: [1 for 1] Exercise Price: $0.03 Expiry Date: 30 September 2016 Last date of Quotation on ASX: 26 September 2016

NOTICE OF EXERCISE OF OPTIONS

ASX Quotation Prices: Closing price on 31 August 2016 $0.037 3 month high before 31 August 2016 $0.060 3 month low before 31 August 2016 $0.016 PLEASE COMPLETE BELOW (using block letters) – refer overleaf for details and further instructions on how to complete this form. I/We apply to exercise the following number of options and make payment in Australian currency drawn on an Australian branch of a financial institution for the amount payable. Please allot me/us Ordinary Shares calculated on the basis of approved Ordinary Share for every approved Option which I/we exercise. I/We agree to accept such Shares subject to the Constitution of Renascor Resources Limited. A NUMBER OF OPTIONS EXERCISED B TOTAL PAYMENT REQUIRED (Exercise all or part of RNUO Options) ($0.03 per RNUO Option exercised) at $0.03 per Option Exercised $A , , , , , . C PLEASE INSERT YOUR CHEQUE/BANK DRAFT OR MONEY ORDER DETAILS Cheques must be drawn on an Australian branch of a financial institution in Australian currency and made payable to “Renascor Resources Limited” and crossed “Not Negotiable”. Cheque Number BSB Account Number D YOUR CONTACT DETAILS Telephone Number Telephone Number – after hours Contact Name (PRINT) ( ) ( )

RNU OPT001

HOW TO COMPLETE THE NOTICE OF EXERCISE OF OPTIONS

Please complete all relevant sections of this form USING BLOCK LETTERS. These instructions are cross referenced to each section of the notice.

A. Application for Shares under the Notice of Exercise of Options

You may exercise either part of, or all of, your Options holding. Please write in Box A the number of Options that you wish to exercise.

If you do not indicate the number of Options you wish to Exercise, the Company will exercise as many Options as your accompanying cheque will pay for. The number of Options exercised, however, will not exceed the number of Options that you hold.

C. Payment Details

Please enter your cheque details in Section C.

Cheques must be drawn on an Australian branch of a financial institution in Australian currency and made payable to “Renascor Resources Limited” and crossed “Not Negotiable”. Please ensure sufficient cleared funds are held in your account, as your cheque will be banked as soon as it is received.

D. Contact Details

Please enter your contact telephone number so we can contact you regarding your notice, if necessary.

B. Total Payment Required for Options Exercise

Please enter in Box B the total amount of the cheque required for the payment of the Options you wish to exercise at the Exercise Price of $0.03 per Option.

Consequence of non-payment If a Notice of Exercise and the required payment are not received before 5:00pm (EST) on 30 September 2016, the Options will automatically lapse and no longer be available for exercise. How to Lodge the Notice of Exercise of Options The application for Shares on exercise of the Options with the appropriate remittance should be lodged with the Company at its registered office, at 36 North Terrace, Kent Town, South Australia, 5067 Australia by 5:00pm (EST) on 30 September 2016. If you require information on how to complete this form please contact Renascor Resources Limited on +61 (0)8 8363 6989, between 8:30am and 5:00pm (EST) Monday to Friday. If you are unsure as to whether or not to participate in the Exercise of Options, please consult your investment, financial, taxation or other professional adviser. Personal Information Collection Notification Statement: Link Group advises that personal information it holds about you (including your name, address, date of birth and details of the financial assets) is collected by Link Group organisations to administer your investment. Personal information is held on the public register in accordance with Chapter 2C of the Corporations Act 2001. Some or all of your personal information may be disclosed to contracted third parties, or related Link Group companies in Australia and overseas. Your information may also be disclosed to Australian government agencies, law enforcement agencies and regulators, or as required under other Australian law, contract, and court or tribunal order. For further details about our personal information handling practices, including how you may access and correct your personal information and raise privacy concerns, visit our website at www.linkmarketservices.com.au for a copy of the Link Group condensed privacy statement, or contact us by phone on +61 1800 502 355 (free call within Australia) 9am–5pm (Sydney time) Monday to Friday (excluding public holidays) to request a copy of our complete privacy policy.