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TASMAN RESOURCES LTD Capital/Financing Update 2016

Feb 7, 2016

65896_rns_2016-02-07_71067e15-b789-4630-b321-7ab552201c4f.pdf

Capital/Financing Update

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ACN 009 253 187

AUSTRALIAN SECURITIES EXCHANGE ANNOUNCEMENT

8 February 2016

PLACEMENT

The directors are pleased to advise that they have agreed to place 10,000,000 fully paid ordinary shares (an increase of 2.77% over the previously issued shares) and 5,000,000 TASO options, raising $500,000. This placement was at an issue price of $0.05 per share, with one free attaching TASO option for every two new shares, to sophisticated investors in accordance with section 708(8) of the Corporations Act 2001 (“the Act”).

A commission of 5% of the value of the funds raised is payable to financial services licencees in respect of a portion of this placement raised by financial services licencees.

The funds raised will be used to fund the Company’s ongoing working capital requirements.

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Aaron Gates Company Secretary