2019 NON-RENOUNCEABLE RIGHTS ISSUE AND OVERALLOTMENT OFFER

OFFER

A non-renounceable rights issue to Eligible Shareholders of Dark Horse Resources Limited of one (1) New Share for every six (6) Shares held at an Issue Price of $0.004 per New Share to raise up to approximately $1,349,748 before costs of the Offer (subject to the Debt Conversion Facility), together with one (1) Attaching Option for each one (1) New Share allotted to acquire one (1) fully paid ordinary Share at an exercise price of $0.005 on or before 30 November 2019 (Offer). Every two (2) Attaching Options will, upon exercise, entitle the holder to one (1) Additional Option having an exercise price of $0.012 and an expiry date of 31 May 2021. There is provision for any shortfall under the Entitlement Offer to be issued to Eligible Shareholders or Other Investors. Where the number of shares applied for under the Shortfall Offer exceeds the number of New Shares available, there is provision to issue additional New Shares to Eligible Shareholders or Other Investors up to $500,000 under the Overallotment Offer detailed in the Prospectus.

 

UNDERWRITING

The Offer is not underwritten.

IMPORTANT NOTICE

Your Entitlement and Acceptance Form (for Eligible Shareholders) or Application Form (for Other Investors) must be received by the Share Registry with your payment no later than 5:00pm (Brisbane time) on 26 August 2019. Please refer to the timetable set out in the Prospectus for the important dates.

The Prospectus is a transaction-specific prospectus issued in accordance with section 713 of the Corporations Act 2001 (Cth).

Dark Horse Resources Limited has issued a Supplementary Prospectus in accordance with section 719(1) of the Corporations Act 2001 (Cth) in respect of the Offer. The Supplementary Prospectus supplements and should be read together with the Prospectus.

If you are in any doubt as to the contents of the Prospectus or Supplementary Prospectus, you should consult your stockbroker, solicitor, banker, financial adviser or accountant as soon as possible. The securities offered by the Prospectus are considered to be speculative.

If you have any questions in relation to the process to apply for shares in Dark Horse Resources Limited, please contact our office on +61 7 3303 0650 or info@darkhorseresources.com.au.

BY PROCEEDING AND DOWNLOADING THE PROSPECTUS AND/OR THE SUPPLEMENTARY PROSPECTUS, YOU ACKNOWLEDGE AND AGREE TO THE ABOVE STATEMENTS.