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TREK METALS LIMITED Capital/Financing Update 2015

Apr 16, 2015

65923_rns_2015-04-16_b764bc8e-9780-4c09-b4e1-8ccd307dabff.pdf

Capital/Financing Update

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ZAMBEZI RESOURCES LIMITED ARBN: 124 462 826

MAIL:

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PO Box 1796, West Perth WA 6872 Australia

EMAIL:

[email protected] www.zambeziresources.com

ASX Announcement 17 April 2015

Information Required under ASX Listing Rule 3.10.5A

Zambezi Resources Limited (“ Zambezi ” or the “ Company ”) advises that it has issued 888,334 fully paid ordinary shares to satisfy the Company’s outstanding obligations (creditors/suppliers) at an issue price of $0.06 per share ( Placement Shares ).

The Company issued 888,334 shares under Listing Rule 7.1A.

In accordance with the requirements of Listing Rule 3.10.5A, the following information is provided:-

  • (a) The dilution to existing shareholders as a result of:

  • The issue under Listing Rule 7.1 is 0%;

  • The issue under Listing Rule 7.1A is 2%;

  • This total placement is 2%

The percentage of the post-placement capital held (in aggregate) is as follows:-

  • The percentage of pre-placement security holders who did not participate in the offer is 98%.

  • The percentage of pre-placement security holders who participated in the offer is 1%.

  • The percentage of participants in the placement who were not previously security holders is 1%.

  • (b) The shares were issued pursuant to Listing Rule 7.1A as the Company considered this to be the most expedient method of satisfying the Company’s outstanding obligations to our creditors/suppliers.

  • (c)

  • There were no underwriting arrangements.

  • (d) There were no fees associated with the placement.

AUSTRALIA Grd Floor, 20 Kings Park Road WEST PERTH, WA AUSTRALIA 6005 TEL: +61 8 6555 1879 FAX: +61 8 9398 4104

BERMUDA ZAMBIA CANON’S COURT PLOT 5697 22 VICTORIA STREET BEU CRESCENT HAMILTON HM12 KALUNDU LUSAKA TEL: +260 211 292 128

ASX Announcement

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Zambezi Resources Limited Frank Vanspeybroeck Managing Director Tel: +61 8 6555 1879 Email: [email protected]

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