Target's Statement - Ramelius Offer

Apollo Consolidated Limited

Telephone:

+61 8 6319 1900

ABN 13 102 084 917

ASX: AOP

Facsimile:

+61 9 6314 1557

1202 Hay Street Perth WA 6005

Email:

info@apolloconsolidated.com.au

PO Box 556, Cottesloe WA 6911

Web:

www.apolloconsolidated.com.au

Corporate Adviser

Legal Adviser

Nature of this document

attributed to it in this Target's Statement.

This Target's Statement is dated 12 November

Apollo Shareholders

should

note that

such

statements are subject to inherent risks and

2021 and

is

given

by

Apollo

Consolidated

uncertainties in that they may be affected by

Limited (Apollo) under Part 6.5 Division 3 of the

a

variety

of

known

and

unknown

risks,

Corporations Act in response to the Bidder's

variables and other factors, many of which

Statement

by Ramelius

Resources

Limited

are

beyond

the

control

of

Apollo.

(Ramelius) dated 1 November 2021.

Shareholders should note that any reference

ASIC and ASX disclaimer

to past performance is not intended to be, nor

should it be relied upon as, a guide to any

A copy of this Target's Statement has been

future performance.

Actual results, values,

lodged with ASIC and ASX. Neither the ASIC

performance or achievements may differ

or ASX, nor any of their respective officers,

materially from results, values, performance or

takes any responsibility for the contents of this

achievements expressed or implied in any

Target's Statement.

forward looking statement. None of Apollo, its

officers nor any person named in this Target's

No account of personal circumstances

Statement with their consent or any person

This Target's Statement should not be taken as

involved

in

the

preparation

of

this

Target's

Statement

makes

any representation

or

personal financial, investment or tax advice

warranty

(express or

implied)

as

to

the

as each

Shareholder's

deliberations and

accuracy

or

likelihood

of fulfilment

of

any

decision will depend upon their own financial

forward

looking

statement,

or

any

results,

situation, tax position, investment objectives

values,

performance

or

achievements

and particular needs.

expressed or implied in any forward looking

Your Apollo Directors encourage you to read

statement, except to the extent required by

this Target's Statement in its entirety and

law.

Shareholders should not place undue

obtain independent advice from your

reliance on any such statement. The forward

investment, financial, tax or other professional

looking statements in this Target's Statement

adviser before making a decision whether or

only reflect views held as at the date of this

not to accept the Offer.

Target's

Statement.

Any

forward

looking

statement in this Target's Statement is

Defined terms

qualified by this cautionary statement.

Capitalised

terms

used

in

this

Target's

Information on Ramelius

Statement are defined in section 12 of this

All of the information concerning Ramelius

Target's Statement.

contained in this Target's Statement has been

Further information

obtained from publicly available sources

Apollo Shareholders who require assistance

including public documents filed by Ramelius

and the Bidder's Statement. None of the

may call the Company Secretary on +61 8

information in this Target's Statement relating

6319 1900 at any time between 8:30am and

to Ramelius has been verified by Apollo or its

5pm (WST) on Monday to Friday.

Directors for the purposes of this Target's

Further information relating to the Offer can

Statement.

Accordingly,

to

the

extent

be obtained from Apollo's website at

permitted by law, Apollo makes no

www.apolloconsolidated.com.au.

representation or warranty (either express or

Information contained in, or otherwise

implied) as to the accuracy or completeness

accessible through, this internet site is not a

of

this

information.

The

information

on

part of this Target's Statement. All references

Ramelius in this Target's Statement should not

in this Target's Statement to this internet site

be considered comprehensive.

are inactive textual references and are for

Foreign jurisdictions

your information only.

Forward looking statements

The release, publication or distribution of this

Target's Statement in jurisdictions other than

This Target's Statement contains various

Australia may be restricted by law or

forward looking statements. Statements other

regulation in such other jurisdictions, and

than statements of historical fact may be

persons who come into possession of it should

forward looking statements. Apollo believes

seek advice on and observe any such

that it has reasonable grounds for making all

restrictions.

Any failure to comply with such

statements

relating

to

future

matters

restrictions

may

constitute

a

violation

of

1