ZEOTECH LIMITED — Capital/Financing Update 2013

Jul 8, 2013

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9 July 2013

Non-renounceable Entitlement Offer Closed

On 7 June 2013 Laconia Resources Limited (ASX: LCR) (“ Laconia ” or “ the Company ”) announced a non-renounceable rights offer of one (1) share (New Share) at an issue price of 1 cent per New Share for every three (3) shares held on the 19 June 2013 (Record Date), together with one (1) free attaching option exercisable at $0.06 each on or before 30 September 2018 for every one (1) New Share subscribed for and issued (New Option) (Entitlement Offer), to raise a maximum of $915,852.

The Entitlement Offer, which was available to all Laconia’s shareholders registered at 5pm WST on Wednesday 19 June 2013 whose registered address was in Australia or New Zealand, closed at 5pm WST on Thursday 4 July 2013.

Laconia received valid applications for 32,493,270 New Shares and New Options, comprising applications for 24,444,705 New Shares and New Options pursuant to shareholder entitlements and 8,048,565 additional New Shares and New Options pursuant to shareholder shortfall applications. Gross proceeds raised totals $324,937 and this represents a 35.5% take-up by shareholders.

The placement of the balance of the shortfall representing of 59,091,930 New Shares and New Options is being managed by CPS Capital Group Pty Ltd, following the merger of the appointed Lead Manager, Indian Ocean Capital Pty Ltd with CPS Securities Pty Ltd.

The Directors of Laconia express their appreciation for the continued support provided by shareholders in the Entitlement Offer.

*ENDS***

For further information please contact:

Ian Stuart

Managing Director

Laconia Resources

P: +61 8 9486 1599 E: istuart@laconia.com.au www.laconia.com.au

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About Laconia Resources Limited

ASX Listed Laconia Resources Limited (ASX: LCR) is a Perth-based precious and base metals exploration and development Company with a Latin American focus. The Company’s flagship Rasuhuilca Project in Peru is an advanced copper-gold-silver project in the Ayacucho region of Southern Peru, across 4 permits covering 27.65 km[2] . In addition, the Company has gained access to a further 11 contiguous permits through an Option Agreement, covering 62.22 km[2] . The total area of 89.87 km[2] hosts the entire Ccarhuaraso volcanic system that is proven to host high sulphidation epithermal gold and silver. The Corporate Strategy is to bring the gold and silver mineralisation into production in the shortest time possible, and to use the revenue to unlock the exploration potential for discovery of larger tonnages of copper, gold and silver.

In Western Australia, the Company has a portfolio of advanced mineral projects in the Murchison and Pilbara 2 regions, across 22 granted tenements covering an approximate 1,153 km .

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