S2 RESOURCES LTD — Regulatory Filings 2016

Feb 23, 2016

ASX Announcement

Wednesday 24[th] February 2016

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ASIC RELIEF GRANTED FOR FIRST HALF-YEAR REPORTING

S2 Resources Limited (“S2” or “Company”) has been granted relief by the Australian Securities and Investments Commission (ASIC) from the requirements to comply with section 323D(5) of the Corporations Act 2001 (Cth) (Corporations Act) for the Company’s first financial half-year.

Section 323D(5) of the Corporations Act 2001 (Cth) requires that a half-year for a company be the first six months of a financial year, which in the Company’s case would be the six months from incorporation (29 May 2015) to 29 November 2015. However, the Company is required to report to ASX under the ASX Listing Rules for the period from incorporation to 31 December 2015.

It is the Board’s view that the preparation of two sets of half-year reports for overlapping periods may confuse investors as to the Company’s financial performance. In addition, the preparation of two sets of half-year reports would be costly and require additional time and effort from the Company’s management.

The ASIC relief, which was granted on 22 February 2016, allows the Company to align its reporting requirements and release one half-year report as if the period 29 May 2015 to 31 December 2015 were the first financial half-year of the Company.

The effect of the ASIC order is that the Company’s first half-year financial report and directors’ report (for the period 29 May 2015 to 31 December 2015) will be due for lodgement with ASX by no later than 15 March 2016.

A copy of the ASIC order is attached to this announcement.

For further information, please contact:

Mark Bennett Anna Neuling Managing Director Executive Director +61 8 6166 0240 +61 8 6166 0240

North Wing, Level 2, 1 Manning Street, Scarborough WA 6019, Australia PO Box 1059 Scarborough WA 6922, Australia ABN 18 606 128 090 T +61 8 6166 0240 F 61 8 6241 4299 E admin@s2resources.com.au W www.s2resources.com.au

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