ZEOTECH LIMITED — Capital/Financing Update 2015

May 11, 2015

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12 May 2015

ASX Market Announcements ASX Limited 20 Bridge Street Sydney NSW 2000

Convertible Note Issue

Laconia Resources Limited (“Laconia” or “the Company”) is pleased to announce that it has reached agreement for the issue of unsecured convertible notes (“Notes”) to raise an amount of $150,000.

The principle terms of the Notes, conversion of which will be subject to shareholder approval, are as follows:

Face Value: $1.00 per Note Redemption Date: 24 months from date of issue Conversion Price: Convertible into ordinary fully paid shares at an issue price $0.001 per share Conversion Period: A noteholder may convert at any time prior to the Redemption Date. Interest Rate: 12%

Yours faithfully

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N J Bassett Company Secretary

Email: info@laconia.com.au