TREK METALS LIMITED — Capital/Financing Update 2016

Sep 7, 2016

ZAMBEZI RESOURCES LIMITED ARBN: 124 462 826

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MAIL: PO Box 1796, West Perth WA 6872 Australia EMAIL: info@zambeziresources.com www.zambeziresources.com

Cleansin Statement g

8 September 2016

Company Announcements Office Australian Securities Exchange 20 Bond Street SYDNEY NSW 2000

ISSUE OF ZAMBEZI RESOURCES LIMITED SHARES – SECONDARY TRADING NOTICE NOTIFICATION PURSUANT TO PARAGRAPH 708A(5)(e) OF THE CORPORATIONS ACT 2001 (Act)

On 8 September 2016, Zambezi Resources Limited ( Company ) issued 22,500,000 fully paid ordinary shares at a price of $0.02 per share with 22,500,000 free attaching options (exercise price $0.03, expiring 30 June 2019) as approved at the Company’s General Meeting on 17 August 2016 ( Securities ). The $450,000 capital raised will be applied towards working capital and to seek and access new resource opportunities in the current financial market.

Secondary Trading Exemption

The Act restricts the on-sale of securities issued without disclosure, unless the sale is exempt under section 708 or 708A. By the Company giving this notice, sale of the Securities noted above will fall within the exemption in section 708A(5) of the Act.

The Company hereby notifies ASX under paragraph 708A(5)(e) of the Act that:

• (a) the Company issued the Securities without disclosure to investors under Part 6D.2 of the Act;

• (b) as at 8 September 2016 the Company has complied with the provisions of Chapter 2M of the Act as they apply to the Company, and section 674 of the Act; and

• (c) as at 8 September 2016 there is no information:

• i. that has been excluded from a continuous disclosure notice in accordance with the ASX Listing Rules; and

ZAMBIA AUSTRALIA PLOT 5697 Grd Floor, 20 Kings Park Road BEU CRESCENT WEST PERTH, WA KALUNDU LUSAKA AUSTRALIA 6005 TEL: +260 211 292 128 TEL: +61 8 6555 1879 FAX: +61 8 9398 4104

BERMUDA CANON’S COURT 22 VICTORIA STREET HAMILTON HM12

ASX Announcement

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• ii. that investors and their professional advisers would reasonably require for the purpose of making an informed assessment of:

• A. the assets and liabilities, financial position and performance, profits and losses and prospects of the Company; or

• B. the rights and liabilities attaching to the Securities.

Yours faithfully Zambezi Resources Limited

Marinko Vidovich Managing Director

ZRL: Cleansing Statement | 2