SANTA FE MINERALS LTD — M&A Activity 2017

Jun 29, 2017

Mercantile OFM Pty Limited

ABN 30 120 221 623 Level 5, 139 Macquarie Street Sydney NSW 2000 Tel 02 8014 1188 Fax 02 8084 9918

30 June 2017

BY ELECTRONIC LODGEMENT

Company Announcements ASX Limited Exchange Centre 20 Bridge Street Sydney NSW 2000

Off Market Takeover Bid for all the ordinary shares in EZA Corporation Limited (ACN 151 155 734) (EZA)

Mercantile OFM Pty Ltd (ACN 120 221 623) (Mercantile OFM), attaches a copy of a notice of variation (Notice of Variation).

EZA Shareholders are encouraged to read the Notice of Variation in its entirety as it informs EZA Shareholders that:

• $1.$ Mercantile OFM has extended the Offer Period to 7:00pm (Sydney time) Tuesday, 1 August 2017 (Extension of the Offer Period); and
• as a result of the Extension of the Offer Period, the new date for giving of the notice of the $2.$ status of the conditions to Mercantile OFM's takeover offer is now Tuesday, 25 July 2017.

A copy of the Notice of Variation is dated 30 June 2017 and was lodged with ASIC on that date.

Yours sincerely,

Gabriel Radzyminski Director4

Mercantile OFM Pty Ltd (ACN 120 221 623)

Off-Market Bid for EZA Corporation Limited (ACN 151 155 734)

Notice of Variation: Extending Offer Period

EZA Corporation Limited (ACN 151 155 734) (EZA) To:

Australian Securities & Investments Commission And to:

• And to: Each holders of ordinary shares in EZA
• And to: ASX Limited

This notice of variation (Notice of Variation) is given under Section 650D of the Corporations Act by Mercantile OFM Pty Ltd (ACN 120 221 623) (Mercantile OFM) in relation to offers dated 8 June 2017 (Offers) under its takeover bid for all the issued ordinary shares in EZA Corporation Limited (ACN 151 155 734) (EZA), which are contained in bidder's statement from Mercantile OFM dated 24 May 2017 (Bidder's Statement). Words defined in the Bidder's Statement have the same meaning in this notice, unless the context requires otherwise.

Variation: Extension of Offer Period

Mercantile OFM gives notice that it varies its Offers by extending the Offer Period until 7.00pm on Tuesday, 1 August 2017.

As a result of the Extension of the Offer Period, Bidder gives notice under section 630(2)(b) of the Corporations Act that:

• the new date that the Bidder is required to give notice as to the status of the conditions, as $(a)$ required by section 630(1) of the Corporations Act, is Tuesday, 25 July 2017; and
• the Offers presently remain subject to all of the conditions set out in the Bidder's Statement. $(b)$

Authorisation

This Notice of Variation is dated 30 June 2017, the date it was lodged with ASIC. Neither ASIC nor any of its officers takes any responsibility for the contents of this Notice of Variation.

This Notice of Variation has been approved by a resolution passed by the directors of Mercantile OFM.

Dated: 30 June 2017

Signed for and on behalf of Mercantile OFM Pty Ltd

Gabriel Radzyminski

Director