TITANIUM SANDS LIMITED — Capital/Financing Update 2018

Dec 13, 2018

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CAPITAL STRUCTURE

Following completion of the Offers under the Company’s prosectus dated 29 March 2018 and supplementary prospectuses dated 21 June 2018 and 19 September 2018 (the “Prospectus”), the capital structure of the Company is as follows:

SHARES
OrdinaryFullyPaid Shares	568,649,471
Total	568,649,471

UNLISTED OPTIONS
Unlisted Options($0.021; expiring25 January2021)	14,285,714
Director Options ($0.05; expiring18 January2021)	30,000,000
Total	44,285,714

PERFORMANCE SHARES
Class A Performance Shares	66,666,667
Class B Performance Shares	33,333,333
Class C Performance Shares	133,333,333
Total	233,333,333

Titanium Sands Limited ACN 009 131 533

Level 24, 44 St Georges Tce, Perth WA 6000 T +61 8 6211 5099; F +61 8 9218 8875