ASX Release
19 January 2015

Update - Raffles to issue Convertible Notes to the value of A$1.5M

Raffles Capital Limited (ASX: RAF) (Raffles) advised on 28 November 2014 that it had secured A$1.5 million in funding through the issue of a convertible note to Swift China Limited.
Raffles advises that it will now instead issue 3 convertible notes with a cumulative face value of A$1.5m to
Swift China Limited, New Inspiration Development Ltd and SinoWealth Financial Ltd (Notes).
The recipients of the Notes are three independent investors. They are not related to, nor are they associates of Raffles nor are they related or associates of each other.
The issue of the Notes is conditional on holders of ordinary securities approving the issue before the issue is made as provided for in Listing Rule 7.1.
Maturity Date

Raffles will use the funds for working capital and business development. Raffles Capital Limited primarily focuses on the following areas.
• Corporate advisory and acquisitions - identifying commercial and corporate opportunities, synergic partnerships and project funding. Partnerships and acquisitions are examined for strategic returns to reflect Raffles contribution.
• Legal funding - currently evaluating business models to look at operating in the Litigation Funding area within Australia and in other jurisdictions.
• Origination - identifying prospective businesses and mineral exploration projects. Using multi discipline due diligence, and we are involved in creating project design with project staff including recommending relevant corporate structures, identifying corporate, technical and management talent to drive growth.
For further information please contact:
Henry Kinstlinger,
Company Secretary, Investor Relations
Telephone: +61 2 9251 7177

Raffles Capital Limited

ACN 009 106 049

Hudson House

Level 2, 131 Macquarie Street

Sydney NSW 2000

Australia

Tel: +61 2 9251 7177

Fax: +61 2 9251 7500 info@rafflescapital.com.au

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