ZEOTECH LIMITED — Capital/Financing Update 2013

Jun 5, 2013

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6 June 2013

Cancellation and Re-pricing of Entitlement Issue and Placement

Laconia Resources Limited (ASX: LCR) (“ Laconia ” or “ the Company ”) advises that that the Board of Directors has resolved to cancel, effective immediately, the Entitlement Issue and Placement Prospectus lodged on 3 May 2013 to raise $1,419,573 via:

1. a proposed non-renounceable pro rata entitlement issue of 91,585,297 fully paid ordinary shares in the Company at an issue price of $0.015 per share, together with one free attaching option for every two shares subscribed for, exercisable at $0.06 on or before 30 September 2018, to shareholders of the Company, raising $1,373,780; and

2. a proposed placement of 45,792,649 options, exercisable at $0.06 on or before 30 September 2018 at an issue price of $0.001 per option, raising $45,793.

The Company intends to issue a re-priced Entitlement Issue and Placement Prospectus in the coming days.

ENDS

For further information please contact:

Ian Stuart

Managing Director Laconia Resources Limited P: +61 8 9486 1599

E: istuart@laconia.com.au www.laconia.com.au

About Laconia Resources Limited

ASX-Listed Laconia Resources Limited (ASX: LCR) is a Perth-based emerging precious and base metals exploration and development Company with a South American focus. The recently acquired Rasuhuilca goldsilver development project in Peru complements the Company’s existing portfolio of precious and base metal projects in Western Australia.

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In Western Australia, the Company has a portfolio of advanced mineral projects in the Murchison and Pilbara regions, across 24 granted tenements covering an approximate 987 km[2] . The Company has determined JORC Compliant Resources at its Lennons Find Project, (Cu-Ag-Pb-Zn-Au), and more recently its Rasuhuilca Project in Peru (Au-Ag).

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