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TALONX RESOURCES LIMITED Capital/Financing Update 2017

Dec 21, 2017

65972_rns_2017-12-21_fa44a168-ecf7-4c19-9329-fb952be04eca.pdf

Capital/Financing Update

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22 December 2017

ASX CODE: MTB

Research and Development Claim

Mount Burgess Mining NL (ASX: MTB, or the Company) is pleased to report that it has received $94,452 in relation to the Company’s Research and Development (R&D) claim for the financial year ending 30 June 2017.

The claim relates to a range of technical development activities carried out in Australia in respect of metallurgical extraction processes trialled on oxide mineralisation from our Kihabe Zinc, Lead, Silver Project in Botswana.

Received funds will be applied to the continuation of resource development.

The Company appreciates the support of the Federal Government through the R&D Tax Incentive Scheme.

ACN: 009 067 476 8/800 Albany Hwy East Victoria Park Western Australia 6101 Tel: (61 8) 9355 0123 Fax: (61 8) 9355 1484 [email protected] www.mountburgess.com