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ZEOTECH LIMITED Capital/Financing Update 2018

Jul 2, 2018

66115_rns_2018-07-02_999aed6c-903a-47da-bd00-01786d840778.pdf

Capital/Financing Update

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3 July 2018

ASX Market Announcements ASX Limited 20 Bridge Street Sydney NSW 2000

NON-RENOUNCEABLE ENTITLEMENT ISSUE – ISSUE OF SHARES

Metalsearch Limited (“Company”) advises that it has completed the issue of 87,541,532 ordinary fully paid shares (“Shares”) pursuant to the non-renounceable entitlement issue offer dated 6 June 2018.

The issued capital of the Company following the issue is as follows:

Quoted
Ordinary fully paid shares 393,481,638
Options – 30 September 2018; $0.60 34,378,878
Unquoted
Options – 30 September 2018; $0.14 600,000
Performance shares 1,450,000

In accordance with the terms of the underwriting agreement, a further 65,428,521 shortfall shares will be placed by the underwriter.

Yours faithfully

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Neville Bassett Director

Metalsearch Limited | ASX: MSE

Level 4, 216 St Georges Tce, Perth WA 6000 Australia | PO Box 7315, Cloisters Square WA 6850 Australia P: +61 8 6268 2622 | F: +61 8 6268 2699 | W: metalsearch.com.au