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TALIUS GROUP LIMITED Interim / Quarterly Report 2017

Oct 30, 2017

65893_rns_2017-10-30_e143a4fc-ea4d-4562-bf52-00e87a40dedc.pdf

Interim / Quarterly Report

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ASX ANNOUNCEMENT

31 October 2017

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– ASX QUARTERLY ACTIVITIES REPORT

SEPTEMBER 2017 QUARTER

During the quarter Antilles Oil and Gas NL (“The Company” or “AVD”) finalised the termination of its Block 105 licence contract in Peru, which included the cancellation of the US$1 million bank bond held in relation to the licence. The bank bond returned to the Company in August 2017.

The Directors also continued with their strategic review of the Company’s existing Texan assets in the Midland Basin and the options available on this project.

The Company is proactively working to identify and evaluate other new projects or asset acquisition opportunities, both within the resources sector and other sectors outside resources. As at the date of this report, no commercial discussions are at a stage that would warrant any disclosure.

Damian Black

Non-Executive Director

For further updates refer to the website or contact the Company Secretary & NonExecutive Director for Antilles, Mr Ranko Matic, on (08) 6188 8181.

Level 3, 216 St Georges Terrace Perth WA 6000 PO Box 7054 Cloisters Square Perth WA 6850

ABN: 62 111 823 762 tel: +61 8 6188 8181 fax: +61 8 6188 8182 antillesoilandgas.com.au