Ann: Over Subscribed Placement to Accelerate Finniss Project-CXO.AX, page-2

Heavily Over Subscribed Placement Raises $6 Million to Accelerate Finniss Lithium Project.
First Diamond Drilling Commences Today.

HIGHLIGHTS
Heavily Oversubscribed Placement raises $6 Million from international and domestic institutional and professional investors
Core is now fully funded to accelerate its activities at the Finniss Lithium Project, building on recent high grade spodumene drill intersections
First diamond drilling at Finniss commences today to follow up the recent high grade discoveries
The diamond drilling will be supplemented with follow-up RC drilling and further exploration RC drilling to commence shortly
Share Purchase Plan to raise $2.5 million to follow, to allow current Core shareholders to participate at the same price as the Placement
Strong news flow expected over coming weeks and months given the Company is now well funded to aggressively pursue the Finniss Lithium Project