ZIMI LIMITED — Capital/Financing Update 2015

Aug 25, 2015

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WHL Energy Ltd ABN: 25 113 326 524 Level 2, 22 Delhi Street West Perth, WA 6005 P.O. Box 1042, West Perth Western Australia 6872 T: +61 8 6500 0271 F: +61 8 9321 5212 www.whlenergy.com

ASX/MEDIA RELEASE 26 AUGUST 2015

NON-RENOUNCEABLE ENTITLEMENT ISSUE CONFIRMATION OF DISPATCH OF OFFER DOCUMENTS AND ENTITLEMENT AND ACCEPTANCE FORMS

Australian energy company WHL Energy Limited ( ASX: WHN ) (“ WHL Energy ” or “ the Company ”) confirms that dispatch of the non-renounceable entitlement issue offer document, dated 13 August 2015 (“ Prospectus ”) has been completed.

As per the Prospectus, eligible shareholders may subscribe for one (1) Share for every one (1) Share held by those Shareholders registered at the Record Date of 20 August 2015 at an issue price of $0.001 per Share together with one (1) New Option (exercisable at $0.002 each on or before 30 June 2018) for every four (4) Shares issued at an issue price of $0.001 per New Option to raise up to approximately $3,040,017 (based on the number of Shares on issue as at the date of this Prospectus) (“ Offer ”).

The Offer is not underwritten.

The proceeds of the Offer will be used to fund ongoing operations and working capital, repayment of short term liabilities and the expenses of the Offer.

The anticipated Closing Date for the Offer is 3 September 2015.

Ends

FURTHER INFORMATION

T: +61 8 6500 0271 E: contact@whlenergy.com

About WHL Energy Limited

ASX-listed WHL Energy Ltd (ASX: WHN) is an oil and gas exploration Company focussed on East Africa and Australia.

WHL Energy holds a 12,856 km[2] exploration area offshore Seychelles, at 25% equity. A world class exploration portfolio and new exploration concepts are being matured in the acreage. WHL Energy has mapped a prospect and lead inventory containing at least 18 features. The Company farmed in proven East Africa explorer, Ophir Energy plc as Operator of the Block.

The high graded Junon leads are being matured for drilling with a 1,500 km[2 ] 3D seismic survey completed in July 2014. Additional new play concepts are being developed. Most structures identified to date are in < 50 m water with drilling targets at < 2000m depth, allowing for low cost drilling with a jack up rig.

WHL Energy also holds 100% equity in Exploration Permit VIC/P67 in the offshore Otway Basin, approximately 200 km WSW of Melbourne off the Victorian coastline. VIC/P67 contains the undeveloped La Bella gas field in proximity to the Victorian gas market, and several nearby exploration prospects. The La Bella 3D seismic survey was acquired in late 2013 to appraise the La Bella field and also firm up the exploration prospects. Initial results of the 3D seismic survey are encouraging and have identified structurally conformable amplitude anomalies associated with several of the key prospects.