Ann: Appendix 3B - Cleansing Notice - LR3.10.5A Disclosure, page-2

The Company provides the following information in accordance with ASX Listing Rule 3.10.5A in relation to the shares issued under ASX Listing Rule 7.1A

1. (a)  Dilution to existing holders of ordinary shares as a result of the issue made under ASX Listing Rule 7.1A
   The percentage of the Company's issued capital represented by the issue under ASX Listing Rule 7.1A is 10.00%. 187,363,504 of the placement shares were issued under 7.1A. The holders of ordinary shares before the issue under ASX Listing Rule 7.1A will hold 91.17% of the issued capital following the issue under of Listing Rule 7.1A.
2. (b)  The Company conducted the placement rather than a pro-rata issue or other type of issue in which existing security holders would have been eligible to participate as it was considered a more efficient and expedient manner to raise capital given the Company's circumstances.
3. (c)  No underwriting arrangements were in place in relation to the issue of the Placement shares.
4. (d)  A fee of up to 6% of the proceeds of the placement will be paid to parties associated with the Placement.