Ann: Notice given under Section 708A(5)(e)-OSP.AX, page-2

Osprey announced on 4 August 2016 that it had received commitments from sophisticated and
institutional investors to subscribe for 100 Million CHESS Depositary Interests (CDIs) (representing
50 Million shares of Common Stock) at A$0.28 per CDI to raise approximately A$28 Million and to be
completed in two tranches (Placement).
Osprey announced on 11 August 2016 that it had allotted 38,540,000 CDIs (equivalent of 19,270,000
shares of Common Stock) under Tranche 1 of the Placement.
Osprey has today issued 25,745,714 CDIs (the equivalent of 12,872,857 shares of Common Stock)
under Tranche 2 of the Placement and those CDIs will rank equally with the existing CDIs on issue
(Tranche 2 CDIs). A further 35,714,286 CDIs (the equivalent of 17,857,143 shares of Common Stock)
will be allotted on 9 September 2016 to complete Tranche 2 of the Placement.
I sold my shares a while back, looking for right opportunity to get back in.... getting close
Have a nice day