YOJEE LIMITED — Capital/Financing Update 2015

May 25, 2015

25[th] May
2015

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**ASX

Announcement**

By e-lodgement

**INFORMATION

REQUIRED
UNDER
ASX
LISTING
RULE
3.10.5A**

Further
to
the
placement
announced
by
Southern
Crown
Resources
Ltd
(“Southern
Crown”
or
the “Company”) (ASX:SWR )
on
29[th] April
2015,
the
Company
provides
the
following
information.
Of
the 10.75
million
shares
being
issued,
6,450,222
are
issued
under
the
Company’s
Listing
Rule
7.1
capacity and
4,299,778
are
issued
under
the
Company’s
Listing
Rule
7.1A
capacity.

The
Company
provides
the
following
information
as
required
under
ASX
Listing
Rule
3.10.5A:

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

• (i) Under
  Listing
  Rule
  7.1
  is
  13.0%;
  and

• (ii) Under
  Listing
  Rule
  7.1A
  is
  7.0%,

being
a
total
dilution
to
existing
shareholders
as
a
result
of
the
placement
of
20.0%.

• b) The
  Company
  is
  issuing
  shares
  by
  way
  of
  placement
  under
  Listing
  Rule
  7.1A
  as
  it
  was considered
  to
  be
  a
  more
  efficient
  and
  expedient
  method
  for
  raising
  the
  funds
  to
  achieve its
  stated
  objectives.
  The
  placement
  did
  not
  expose
  the
  Company
  to
  market
  volatility that
  may
  have
  been
  experienced
  over
  a
  more
  protracted
  process;

• c) No
  underwriting
  arrangements
  were
  in
  place
  for
  the
  placement.

• d) A
  placement
  fee
  has
  been
  paid
  to
  Foster
  Stockbroking
  in
  the
  amount
  of
  $19,350.

Yours
sincerely

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ADRIAN
HILL COMPANY
SECRETARY SOUTHERN
CROWN
RESOURCES
LIMITED

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