Hot Rock Limited

Level 8 Waterfront Place, 1 Eagle Street

Brisbane Queensland 4000, Australia

GPO Box 216

Brisbane Queensland 4001, Australia

Tel +61 7 3105 5960 Fax +61 7 3010 9001

ASX Announcement

10 September 2014

Notification of Entitlement Offer Shortfall

Hot Rock Limited (ASX:HRL) confirms that its 1 for 4 non-renounceable entitlement offer to existing shareholders (Offer) closed at 5pm (AEST) on Friday, 5 September 2014.
HRL gives notice of the total subscriptions for the Offer as follows:
• acceptances were received for a total of 36,357,953 new shares from 237 shareholders raising $218,147.78; and
• additional applications have been accepted for 32,459,176 shares in excess of shareholders'
entitlements raising $194,755.09.
The total of these subscriptions is 68,817,129 new shares, raising $412,902.87. The shortfall arising in relation to the offer is 17,539,918 shares.
As disclosed in the Offer Statement, the Directors of HRL have reserved the right to place any of the remaining Shortfall Shares at the same price of $0.006 cents per share and the company intends to pursue discussions with parties interested in acquiring shares under this shortfall facility.
The Board have resolved that all applications for additional shares (above a shareholder's entitlement) will be allocated in full for applications of up to $2,000 and that all other additional applications of up to thirty times above the shareholder entitlement amount will also be met in full. Any application that exceeds both of these criteria will have the excess refunded to the applicant.
HRL Chairman Mark Elliot said that it was very pleasing to see the Offer well supported by existing shareholders. "Now that the Offer has closed, HRL will have more than $1.7m in cash, be debt-free, and be well-placed to proceed with completing its acquisition of environmental consulting and hazardous materials analytical laboratory business OCTIEF Pty Ltd.
Shareholders are reminded that the EGM to consider the acquisition is to be held at the offices of HopgoodGanim, Level 7, Waterfront Place, 1 Eagle Street, Brisbane Qld 4000, on 15 September 2014 at 10.00am".
On behalf of the Board
Mark Elliott
Chairman
+61 (0)409 998 840 mark.elliott@hotrockltd.com

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