Ann: Voluntary Suspension, page-2

1. The Company requested a trading halt on 21 March 2019, pending the release of an announcement regarding a material capital raising. The reason for the request for voluntary suspension is that the Company is not yet in a position to make an announcement. To provide as much information as possible to shareholders in the interim, the Company would like to advise that it will be offering an Entitlements Issue to ensure all Shareholders will be able to participate. The Company is very pleased to have received strong support from a major overseas based corporate shareholder which the Board wish to ensure is able to participate. Given the jurisdictions in which the Company is dealing with and the internal processes of the major shareholder, there has been a slight delay completing all paperwork, however the Company anticipates it will be in a position to announce on Wednesday, 27 March 2019.