Ann: Pre-Feasability Study Funding Package, page-2

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Funding proposal to complete Pre-feasibility Study for Copper Hill
 Funding package to raise up to approximately $2.45M to fund Copper Hill PFS
 Placement to investors to raise up to $1.4M with commitments received for $510K
 Simulus Group to undertake $700K of PFS metallurgical and engineering work, to be part paid through $350K share issue
 1 for 2 free Bonus Option Issue to all Shareholders to fund a Definitive Feasibility Study likely to commence in late 2016
 Package subject to Shareholder approval to be sought at forthcoming AGM