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ASX ANNOUNCEMENT


NOTIFICATION OF UNDER SUBSCRIPTIONS FOR THE NON-RENOUNCEABLE RIGHTS ISSUE


15 October 2015



Metaliko Resources Limited (ASX: MKO) ('Metaliko' or the 'Company') confirms that the Company's 1 for 4 non-renounceable rights issue ('Rights Issue') closed at 5:00pm WST on 12 October 2015.


The Company gives notice of shortfall of subscriptions for its Rights Issue as follows:


Details

No. of New Shares

Gross Proceeds ($)

Entitlement Shares under Rights Issue

34,803,884

$1,044,116.52


Additional Shares under Shortfall 397,210 $11,916.30



Total Shares


35,201,094


$1,056,032.82


Based upon Share Registry calculations, the total Shares available under the Rights Issue is 88,322,868 Shares leaving a shortfall of 53,121,774 Shares.


The Shortfall Shares will be dealt with in accordance with the Prospectus of 18 September 2015.


It is anticipated that the issue of the Shares noted above under the Rights Issue will occur on Monday, 19 October 2015 and that normal trading of the new shares will commence on Tuesday, 20 October 2015.


Regards


Bianca Taveira

Company Secretary


159 Stirling Highway, Nedlands WA 6009

PO Box 1104, Nedlands WA 6909

Tel: +61 8 9386 9534

Fax: +61 8 9386 9473

E: admin@metaliko.com.au

ACN 120 974 567

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