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TASMAN RESOURCES LTD Capital/Financing Update 2018

Aug 8, 2018

65896_rns_2018-08-08_ca98de61-b26c-4c00-8356-9d13d4c9586d.pdf

Capital/Financing Update

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ACN 009 253 187

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AUSTRALIAN SECURITIES EXCHANGE ANNOUNCEMENT

9 AUGUST 2018

PRO-RATA NON-RENOUNCEABLE RIGHTS ISSUE

Tasman Resources Ltd ( Tasman ) is undertaking a non-renounceable pro-rata rights offer to Tasman shareholders to raise up to (if fully subscribed) approximately $2,266,117 (the Offer). The Offer is open to all Tasman shareholders who are on the register as at 5.00pm WST on 17 August 2018 (the Record Date ) and who have a registered address in Australia or New Zealand.

Under the Offer, Tasman will make an offer to all eligible shareholders of one (1) fully paid ordinary Tasman shares for every ten (10) fully paid ordinary Tasman shares held as at the Record Date, at a price of $0.05 per share, together with one (1) free attaching Tasman option for every share issued under the Offer (each to acquire one fully paid ordinary Tasman share at an exercise price of $0.06 per share at any time up to and including 31 August 2020) .

The anticipated Timetable* for the Offer is as follows:

Offer announcement	9 August 2018
Lodgement of disclosure document and Appendix 3B with ASX 14 August 2018
Notice sent to shareholders	15 August 2018
Ex date	16 August 2018
Record Date for determining entitlements	17 August 2018
Offer document despatched to eligible shareholders	21 August 2018
Closing date of the Offer	4 September 2018
Securities quoted on a deferred settlement basis	5 September 2018
Company notifies ASX of under subscriptions	7 September 2018
Issue date	11 September 2018

The funds will be used to fund exploration, towards the exercise Tasman’s (through its wholly owned subsidiary Noble Energy Pty Ltd) remaining EDEO options, to participate in the Conico Ltd non-renounceable pro-rata rights issue, general working capital and if sufficient funds are raised, to support Eden Innovations Ltd if required.