VANADIUM RESOURCES LIMITED — Capital/Financing Update 2019

Jun 24, 2019

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25 June 2019

Extension of Share Purchase Plan

Tando Resources Limited (ASX:TNO) ( Company ) wishes to announce that the closing date for the Company’s Share Purchase Plan ( SPP ), announced to the market on 13 May 2019 (and previously extended on 4 June 2019), will be further extended to 5:00pm WST on the 29 July 2019.

The extension ties in with the Company’s notice of meeting, announced today, for the shareholder meeting to be held on 26 July 2019, in which the Company is seeking shareholder approval for the issue of securities under the SPP. In the event that the Company does not receive shareholder approval for the SPP, the Company intends to issue shares and options under the SPP using its available placement capacity at that time.

It is expected that the shares and options under the SPP will be issued and allotted to successful applicants on 31 July 2019 and holding statements will be dispatched on or around 1 August 2019. Normal trading of shares issued under the SPP is expected to commence on 1 August 2019.

For and on behalf of the board:

Mauro Piccini Company Secretary

6559 1792