SCIDEV LTD — Capital/Financing Update 2018

Sep 2, 2018

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Suite 105 48 Atchison Street St Leonards NSW 2065 Australia ABN 25 001 150 849

Phone: 61 0428 002 590 Email: admin@scidev.com.au Website: www.scidev.com.au ASX code: SDV

Companies Announcements Office Australian Stock Exchange

3 September 2018

Purchase Order Received for Commercial Trial of OptiFlox® System at Australian Mineral Sands Operation

• OptiFlox® System to be trialled on the tailings thickener at Australian mineral sands operation

• Successful trial will enhance opportunities for chemical sales to materialise in the medium term

• Installation will take place during the December quarter and will represent the fifth OptiFlox® System installation across four industries

SciDev Ltd (ASX: SDV) (‘SciDev’ or ‘the Company’) is pleased to advise that it has received a purchase order for a multi-month commercial trail of an OptiFlox® System at an Australian mineral sands operation. The approval of the trial follows extensive on-site technical evaluations by SciDev personnel. The OptiFlox® System will be installed at the tailings thickener with installation to take place during the December quarter.

The trial aims to optimise water recovery, consumable usage, reduce operational engagement and provide operational insights from the generation and analysis of process data. A successful trial may result in a longterm contract for the installation of an OptiFlox® System. In addition, management expects opportunities for chemical sales agreements to materialise should a system be installed on a longer-term basis.

This OptiFlox® System installation will represent the fifth installation in Australia across four industries; thermal coal extraction, dairy manufacturing, coking coal extraction and mineral sands production. These installations significantly enhance the Company’s ability to materially increase revenue from chemical sales.

Yours Sincerely SciDev Ltd

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Heath Roberts Company Secretary

Released through: Henry Jordan, Six Degrees Investor Relations +61 431 271 538