SUREFIRE RESOURCES NL — Share Issue/Capital Change 2018

Mar 19, 2018

Notification of Consolidation/Split

Announcement Summary

Entity name

SUREFIRE RESOURCES NL

Applicable security for the reorganisation

SRN ORDINARY FULLY PAID

Announcement Type New Announcement

Date of this announcement Tuesday March 20, 2018

Reorganisation type Security consolidation

Effective Date Monday March 26, 2018

Record Date Tuesday March 27, 2018

Issue Date Thursday April 5, 2018

Refer to below for full details of the announcement

Announcement Details

Part 1 - Entity and announcement details

1.1 *Name of +Entity SUREFIRE RESOURCES NL

1.2 *Registered Number Type ACN

Registration Number

083274024

1.3 *ASX issuer code SRN

1.4 *The announcement is New announcement

1.5 *Date of this announcement Tuesday March 20, 2018

1.6 *Securities affected by the reorganisation

Notification of Consolidation/Split

SRN ORDINARY FULLY PAID

Part 2 - Approvals

2.1 *Are any of the below approvals required for the reorganisation before business day 0 of the timetable?

• Security holder approval
• Court approval
• Lodgement of court order with +ASIC
• ACCC approval
• FIRB approval
• Another approval/condition external to the entity required to be given/met before business day 0 of the timetable for the reorganisation.

Yes

2.2 Approvals

Approval/Condition+Security holderapproval	Date for determinationThursday March 22,2018	Is the date estimatedor actual?Actual	**Approvalreceived/conditionmet?No
Comments

Part 3 - Reorganisation timetable and details

3.1 *+Record date

Tuesday March 27, 2018

3.2 Date of +security holder meeting

Thursday March 22, 2018

3.3 Last day for trading in the pre-re-organised +securities

Friday March 23, 2018

3.4 *Effective date. Trading in the re-organised securities commences on a +deferred settlement basis. If the +entity's securities are suspended from trading during this period there will be no +deferred settlement trading however ASX still captures this date.

Monday March 26, 2018

3.5 Record date Tuesday March 27, 2018

3.6 First day for +entity to send notices to +security holders of the change in the number of +securities they hold. First day for +entity to register +securities on a post-reorganised basis Wednesday March 28, 2018

3.7 *+Issue date. +Deferred settlement market ends. Last day for +entity to send notices to +security holder of the change in the number of +securities they hold. Last day for +entity to register +securities on a post-reorganised basis

Thursday April 5, 2018

Notification of Consolidation/Split

3.8 Trading starts on a normal T+2 basis Friday April 6, 2018

3.9 First settlement of trades conducted on a +deferred settlement basis and on a normal T+2 basis Tuesday April 10, 2018

Part 4 - Reorganisation type and details

4.1 *The reorganisation is

+Security consolidation

4.1a *Consolidation ratio: the +securities will be consolidated on the basis that every

20

(pre-consolidation) +securities will be consolidated into

1

(post-consolidation) +security (/ies).

4.2 *Scrip fraction rounding

Fractions rounded up to the next whole number

Part 5 - +Securities on issue before and after reorganisation

5.1 *+Securities on issue before and after the reorganisation

*ASX +Security CodeSRN	*ASX +SecurityDescriptionORDINARY FULLYPAID
Quoted/unquotedQuoted	Number on issuebefore reorganisation2,402,020,803	Number on issue afterreorganisation120,101,040	Estimate/ActualEstimated

Part 6 - Further information

6.1 Further information relating to the reorganisation

6.2 Additional information for inclusion in the Announcement Summary