Matsa Expands Red Dog Project

Frank Sibbel Director & Company Secretary Andrew Chapman Shares on Issue • Matsa will immediately proceed with further evaluation 176.93 million • The acquisition further increases Matsa’s strategic footprint in the Lake Carey area and provides excellent growth opportunities Unlisted Options 13.70 million @ $0.25 - $0.30 Top 20 shareholders Hold 53.42% Share Price on 2nd November 2018 Share Price