31 August 2017

APPENDIX 4E - PRELIMINARY FINAL REPORT Results for announcement to the market

Reporting period: 12 months to 30 June 2017

Previous reporting period: 12 months to 30 June 2016

Amount $ Percentage change

Revenues from ordinary activities 175,496 Up 1604%

Loss from ordinary activities after tax attributed to security holder

(3,736,510) Up 409%

Loss from discontinued operations after tax attributed to security holder

(21,559) N/A

Loss after tax attributed to security holder (3,758,069) Up 412%

Dividend Information

No dividend has been paid or declared in respect of the year ended 30 June 2017 or 30 June 2016.

Commentary on results for the year

The consolidated loss for the consolidated group was significantly impacted by the accounting treatment required.

Refer to the Annual Report for the year ended 30 June 2017 lodged with this Appendix 4E.

Financial Information

Refer to the Annual Report for the year ended 30 June 2017 lodged with this Appendix 4E.

Net tangible assets

2017

2016

Net tangible assets per ordinary security (cents)

0.006

(0.33)

Details of Entities over which control has been gained or lost

Refer to the Annual Report for the year ended 30 June 2017 lodged with this Appendix 4E.

Australian Accounting Standards

The financial information provided in this Appendix 4E is based upon the 2017 Annual Report, which has been prepared in accordance with Australian Accounting Standards and has been audited by BDO Audit Pty Ltd.

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