Inactive Instrument

CRAR GOLD

Equities

CGN

AU000000CGN9

Crater Gold Mining : Further Extension of Rights Issue Closing Date

August 24, 2016 at 02:39 am EDT

Crater Gold Mining Limited ABN 75 067 519 779

PO Box R607

Royal Exchange, NSW 1225

Australia Ph (02) 9241 4224

24 August 2016

Australian Securities Exchange

Market Announcements Platform Australian Securities Exchange

FURTHER EXTENSION OF UNDERWRITTEN NON-RENOUNCEABLE RIGHTS ISSUE TO RAISE $2.12 MILLION

Crater Gold Mining Limited ("CGN") or the ("Company") is carrying out a non-renounceable pro-rata rights issue of one (1) share for every eight (8) shares held at A$(0.07) (7 cents) per share to raise approximately $2,121,485 before costs ("the Rights Issue"). Funds raised will be applied towards general administration costs, repayment of debt to Freefire Technology Limited (Freefire) and its working capital requirements.

The Company advises that the Closing Date for the Rights Issue will be further extended.

As the Rights Issue is currently open, the revised timetable moving forward is set out below.

New Closing Date	Monday, 5 September 2016 5.00pm AEST
Securities quoted on a deferred settlement basis	Tuesday, 6 September 2016
ASX notified of under-subscriptions	Thursday, 8 September 2016
Issue of new Shares	Monday, 12 September 2016
Expected commencement of trading of new shares on ASX Send Share Holding Statements to Shareholders	Tuesday, 13 September 2016

Yours Sincerely,

Crater Gold Mining Limited Heath Roberts

Company Secretary

Email: info@cratergold.com.au Website: www.cratergold.com.au

Crater Gold Mining Limited published this content on 24 August 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 24 August 2016 06:39:01 UTC.

Original documenthttp://www.cratergold.com.au/irm/PDF/2564/FurtherExtensionofRightsIssueClosingDate

Public permalinkhttp://www.publicnow.com/view/BD6D6CAACECBA7B0B9995186A19D4DEC0277C80E

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Company Profile

Crater Gold Mining Limited is an Australia-based gold company focused on producing gold and developing gold and base metal projects in Papua New Guinea (PNG) and Australia. The Company's projects include Crater Mountain and Croydon project. The Crater Mountain project is a gold exploration and production project located in the Papua New Guinea Highlands approximately 50 kilometers southwest of Goroka. It comprises three contiguous exploration licenses, straddling the border between the Chimbu and Eastern Highland Provinces. The Croydon project consists of two sub-projects in far North West Queensland, the Croydon Polymetallic Project and the Croydon Gold Project. Gold mineralization at Croydon occurs in planar quartz veins, stockworks and breccias. The Company owns EPM18616 and EPM9438 tenements in the Croydon Gold Field.

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