XPEDRA RESOURCES LIMITED — Capital/Financing Update 2016

Jun 16, 2016

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ASX Release

17 June 2016

Rights Issue – Shortfall Notice

The Carajas Copper Company Limited (‘the Company’) advises that its fully underwritten renounceable rights issue of 1.5 new shares for every 1 share held, at an issue price of $0.003 per share (‘the Rights Issue’) closed on 14 June 2016.

In accordance with Appendix 7A of the ASX Listing Rules, the Company advises that it received valid entitlement acceptances for 26,692,459 new shares and has accepted valid applications for 12,270,540 of the 178,307,462 shortfall shares.

THE CARAJAS COPPER The Rights Issue is fully underwritten by CPS Capital Group Pty Ltd who is COMPANY LIMITED ACN 076 390 451 presently attending to placing the remaining 166,036,922 shortfall shares. 22 Lindsay Street The total funds raised from the entitlement acceptances of 26,692,459 new PERTH, WA shares and applications for 12,270,540 shortfall shares is approximately Australia $116,890 before costs. Tel: +61 8 9200 3467

The total funds raised from the entitlement acceptances of 26,692,459 new shares and applications for 12,270,540 shortfall shares is approximately $116,890 before costs.

For further information please contact:

Contact: Mr Gregory Wood

Gregory Wood

Chairman

E-mail: info@carajascopper.com

Directors

Mr Gregory Wood – Non-Executive Chairman

Mr Mark Reilly – Non-Executive Director

Ms Paula Cowan – Non-Executive Director/ Company Secretary

Issued Capital:

136.67 million Shares 90 million Performance Shares 30 million Unlisted Options

ASX Symbol : CJC

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