Ann: Symbol Undertakes Oversubscribed Capital Raising of A$3.0m, page-5

The Company also plans to finalise a debt facility from an independent third party to provide sufficient working capital (in excess of the remaining $2 million in funds for the working capital requirement as per the Scoping Study) to allow for the commencement of mining at the Macy deposit3 . Symbol is focused on fast tracking commercialization and revenue generation from the Macy Deposit (in which Symbol holds a 60% interest) to bring sufficient revenue into the business to fund other exploration targets at its Imperial and Tawny projects. The primary use of funds from the Placement will be: (a) Commencement of Mining at the Macy Deposit; (b) Ongoing completion of Site infrastructure at the Imperial Project; and (c) General operating expenses.