Havilah Resources : Non-Renounceable Rights Issue to Fund Ambitious Work Program

• 1 for 4 pro-rata non-renounceable rights issue at an issue price of $0.10 per new share to raise approximately $5.46 million.
• Funds to be used primarily for value enhancing work on Havilah's advanced projects and to explore key high conviction untested copper-gold targets.
• Opportunity for shareholders to gain exposure to Havilah's high leverage to copper, gold and cobalt in a projected positive commodities cycle for these metals.
• Two large shareholders have indicated they will take up their entitlements and their intention to subscribe for up to $3m worth of shortfall shares if available.

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