TASMAN RESOURCES LTD — Capital/Financing Update 2018

Sep 6, 2018

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ACN 009 253 187

AUSTRALIAN SECURITIES EXCHANGE ANNOUNCEMENT

7 SEPTEMBER 2018

PRO-RATA NON-RENOUNCEABLE RIGHTS ISSUE

The non-renounceable pro-rata rights offer ( Offer ) made to shareholders of Tasman Resources Ltd ( Tasman ) who were on the register as at 5:00pm WST on 17 August 2018 pursuant to an offer document dated 13 August 2018 ( Offer Document ) which closed on 4 September 2018.

Tasman gives notice of the shortfall subscriptions for the Offer as follows:

	No. of New Shares	No. of New Options	Gross Proceeds ($)
Total number of securities offered	45,322,793	45,322,793	2,266,139.65
Securities accepted under the Offer	28,617,994	28,617,994	1,430,899.70
Additional securitiesplaced under the Offer	5,905,791	5,905,791	295,289.55
Shortfall	10,799,008	10,799,008	539,950.40

The above figures are subject to none of the proceeds received by cheque being dishonoured between the time of this announcement and the allotment and issue of New Shares.

Tasman reserved the right in the Offer Document to place any shortfall shares within three months after the closing date of the Offer at a price which is not less than the price at which the Shares were offered under the Offer.

Accordingly upon completion of issuing of the New Shares and New Options, the total amount raised will be $1,726,189.25 (before the payment of the expenses of the issue).

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Aaron Gates

Company Secretary

Level 15, 197 St George’s Terrace, Perth, Western Australia 6000 Telephone: (08) 9282 5889 Facsimile: (08) 9282 5866 Email: mailroom@tasmanresources.com.au