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TAWANA RESOURCES NL - Notice of shortfall

Release Date: 01/06/2016 11:04:00      Code(s): TAW       PDF(s):  
Notice of shortfall

Tawana Resources NL
(Incorporated in Australia)
(Registration number ACN 085 166 721)
Share code on the JSE Limited: TAW
Share code on the Australian Securities Exchange Limited: TAW
(“the Company” or “Tawana”)

                                      Notice of Shortfall

Tawana Resources NL received acceptances for a total of 34,406,658 new fully paid ordinary shares
in the capital of the Company (Shares) from eligible shareholders under its one for one non-
renounceable pro-rata rights offer to raise up to approximately $1,106,441 (before costs) at an offer
price of $0.015 per Share under the Offer Document dated 4 May 2016.

The Company received ASX acceptances of 32,471,588 Shares and JSE acceptances of 1,935,070
Shares. The issue of the ASX shares is scheduled to occur on 3 June 2016 and the JSE Shares is
scheduled to occur on 7 June 2016.

As detailed in the Offer Document, the Directors reserve the right to issue the 39,356,093 Shortfall
Shares at their absolute discretion to raise a further $590,340. The Shortfall Shares, if issued, will be
issued on the same terms as Shares offered under the Offer Document and such remaining offer of the
Shortfall Shares will remain open until 27 August 2016.

For further information, contact:

Michael Naylor
Executive Director
Ph: +61 8 9489 2600

01 June 2016
Sponsor PricewaterhouseCoopers Corporate Finance Proprietary Limited

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