ZEOTECH LIMITED — Capital/Financing Update 2013

May 21, 2013

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21 May 2013

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Dear Shareholder,

EXTENSION OF CLOSING DATE - NON-RENOUNCEABLE RIGHTS ISSUE

As announced to the Australian Securities Exchange (“ ASX ”) on 29 April 2013, Laconia Resources Limited (“ Laconia ” or “ the Compan y”) is undertaking a non-renounceable rights issue of up to 91,585,297 new fully paid shares in the Company ( New Shares ) at an issue price of $0.015 on the basis of one (1) New Share for every three (3) shares held on the 15 May 2013 ( Record Date ), together with one (1) free attaching option exercisable at $0.06 each on or before 30 September 2018 for every two (2) New Shares subscribed for and issued ( New Option) ( Rights Issue ).

Laconia wishes to advise that it will be extending the closing date for its current nonrenounceable rights issue offer to 5.00pm (WST) on Friday 7 June 2013. Laconia considers it prudent to extend the closing date to allow eligible shareholders additional time to consider the offer.

A revised timetable appears below.

Event	Date
Lodgement of Prospectus with the ASIC	3 May 2013
Prospectus despatched to Shareholders & Company announces despatch has been completed	16 May 2013
Ex date	9 May 2013
Record Date for determining Entitlements	15 May 2013
Closing Date for the Offer and Placement	7 June 2013*
Securities quoted on a deferred settlement basis	11 June 2013
ASX notified of under subscriptions	13 June 2013
Issue and Despatch of holding statements	17 June 2013
Deferred settlement trading ends	17 June 2013
Quotation of Securities issued under the Offer	18 June 2013

• Subject to the Listing Rules, the Directors reserve the right to extend the closing date of the Rights Issue at their discretion. Should this occur, the extension will have a consequential effect on the anticipated date of issue for the New Shares and New Options.

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Eligible shareholders will have received an Entitlement Issue and Placement prospectus along with an entitlement and acceptance form. Shareholders should refer to these documents for the full details and terms of the Rights Issue.

Yours sincerely

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Matthew Edmondson

Company Secretary

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