GME Resources : Notice letters to security holders

ABN 62 009 260 315

GME Resources Limited (ASX: GME) (GME or the Company) advises the attached letters were sent to shareholders on 16 May 2014 in accordance with the notice requirements for the recently announced non renounceable entitlement issue.

Key dates for the Issue are set out in the following table. The dates are indicative only and GME reserves the right to vary them, subject to the Corporations Act 2001 (Act) and the ASX Listing Rules.

Yours faithfully

GME Resources Limited A.B.N. 62 009 260 315 ASX Code GME

247 Balcatta Road, Balcatta WA 6021 tel (+61 8) 9273 1204 fax (+61 8) 9315 5475

www.gmeresources.com.au

247 Balcatta Road

Balcatta WA 6021

Phone: (618) 9273 1204

Fax: (618) 9365 5475

Website: www.gmeresources.com.au

ABN 62 009 260 315

16 May 2014
Dear Shareholder,

On 16 May 2014 GME Resources Ltd announced a one for five Non Renounceable Entitlement Issue of up to 76,932,773 new shares at an issue price of $0.027 per share. The issue will raise a maximum of $2,077,185 if all of the entitlements are taken up.
The Offer Document will be sent to all shareholders in Australia and New Zealand shortly.

Shareholders with registered addresses inside Australia or New Zealand, who hold ordinary shares in the Company (Existing Shares) as at 5.00pm AWDT on 23 May 2014 (Eligible Shareholders) will be entitled to participate in the Issue.

A summary of key information is set out below for your information:
Type of Offer Non Renounceable Entitlement Issue of up to 76,932,773 new ordinary fully paid shares
Offer Price 2.7 cents per share
Offer Ratio 1 new share for every 5 held at the record date

Funds raised from the issue will be predominately used to advance development work on the NiWest Nickel Laterite Project. Funds will be directed to completing metallurgical programs and will include continuous piloting of the proposed flow sheet for the NiWest Nickel Laterite Project.
Limited funds will be allocated to progress and upgrade the Company's gold assets.

The current proposed timetable for the Entitlement Issue is set out below. The dates are indicative only and GME reserves the right to vary the dates subject to the Corporations Act 2001, the ASX Listing Rules and other applicable law.
Offer Document announced 16 May 2014
Securities quoted on an "ex" basis 21 May 2014
Record Date (for determining shareholders' entitlements to receive an issue of new shares under the Entitlement Issue)
23 May 2014
Entitlement and Acceptance form and Offer document dispatched to
Shareholders
27 May 2014
Closing date of Entitlement Issue 19 June 2014
Securities quoted on a deferred settlement basis 20 June 2014
Notify ASX of under subscriptions 24 June 2014
Issue Shares 26 June 2014
Dispatch of Shareholder Statements 27 June 2014

The Entitlement Issue is Non Renounceable, which means shareholders cannot sell their Entitlements on the Australian Stock Exchange.
The Directors reserve the right to place sufficient of the shortfall at their absolute discretion (subject to the ASX Listing Rules) to meet the minimum requirements of the Company.
For further information on the issue or how to deal with your entitlement please contact your
stockbroker or GME's share registrar:
Computershare Investor Services Pty Limited
Telephone: 1300 850 505 (within Australia) or +61 3 9415 4000 (outside Australia) Facsimile: (08) 9323 2408 (within Australia) or +61 8 9323 2408 (outside Australia)
Yours faithfully

MARK PITTS

Company Secretary

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