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TALIUS GROUP LIMITED Capital/Financing Update 2015

May 20, 2015

65893_rns_2015-05-20_e1a61b4b-0b0a-4fa8-8e9f-f08c55bb7bfe.pdf

Capital/Financing Update

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21 May 2015

The Manager

Company Announcements Office

via asx online

Dear Sir/Madam,

Re: Renounceable Rights Issue Update

The Company refers to the recent announcement “Antilles undertakes placement and announces renounceable rights issue to shareholders” lodged 20 May 2015 and the proposed timetable contained within the announcement.

The Company notes the proposed timetable for the rights issue was based on lodgement of the rights issue prospectus on 20 May 2015 and indicative only. The prospectus is currently being finalised and is intended to be lodged soon. Once lodged the prospectus will set out an updated final timetable for the rights issue.

Yours faithfully,

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Ranko Matic

Company Secretary


Level 1, 12 Kings Park Road West Perth WA 6005 PO Box 44 West Perth WA 6872

ABN: 62 111 823 762 tel: +61 8 9226 4500 fax: +61 8 9226 4300 antillesoilandgas.com.au