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Capital Raising

Announced by: TAM
Announced on: 04/02/2013 09:49:19
          Words: 390
Status: Market sensitive (Y)
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Jon Latto
Jane Bown

Underwritten Renounceable Pro Rata Entitlements Issue to raise approximately $65.3 million

The Board of Tanami Gold NL (`Tanami' or `the Company') advises that it has reached agreement with
Patersons Securities Limited (`Patersons') to underwrite a renounceable pro-rata entitlements issue
(`Entitlements Issue') to raise $65,283,169 before costs, subject to Patersons being satisfied with the due
diligence process and the Company issuing a Prospectus.

The Entitlements Issue will be made to eligible shareholders at an issue price of $0.20 per share on the basis
of 5 new shares for every 4 shares held.

The Company's largest shareholder, llied Properties Resources Limited, has committed to taking up their

Proceeds of the Entitlements Issue will be used to:
Repay the Company's current debt to AP Finance Limited in full;
Fund the completion of the Definitive Feasibility Study for the development of the Central Tanami
Fund the costs of the Entitlement Issue; and
Provide additional working capital.
A Prospectus setting out the details of the offer will be lodged with the Australian Securities and Investments
Commission and the Australian Securities Exchange on or about Friday 8 February 2013.

Arthur Dew
Non-Executive Chairman

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