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XSTATE RESOURCES LIMITED Capital/Financing Update 2015

Dec 21, 2015

66107_rns_2015-12-21_76fc48d2-de01-4f42-8693-821f8745d2b3.pdf

Capital/Financing Update

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ABN 96 009 217 154

22 December 2015

ASX Limited Electronic lodgement

EXPIRY OF UNLISTED OPTIONS

Xstate Resources Limited (ASX: XST) wishes to advise that 17,000,000 unlisted options exercisable at 6-10 cents will expire on 31 December 2015.

David McArthur

For and on behalf of the Board of Xstate Resources Limited

Level 2, 55 Carrington Street, Nedlands WA 6009 Tel + 61 8 9423 3200 Fax +61 8 9389 8327 www.xstate.com.au