Sumatra Copper & Gold : Cash Injection of US$2 million and CDI Issue

SUMATRA COPPER & GOLD PLC

Registered No. 5777015

ASX Announcement: 3 July 2018

Cash Injection of US$2 million and CDI Issue

Sumatra Copper and Gold plc ("the Company") is pleased to announce it has received a cash advance of US$2m from PT Merdeka Copper and Gold Tbk. ("MDKA"). The funds will be used by the Company's subsidiary PT Dwinad Nusa Sejahtera ("DNS") for working capital requirements and to service existing loans. Key provisions of the loan include an interest rate of 10% per annum with the repayment of the principal to occur on or before 30 June 2020. The facility is unsecured and the Company can voluntarily repay any of the principal outstanding before 30 June 2020.

The Company will also make a placement of 86,384,276 CDIs to MDKA under the provisions of a Formal Exploration Project Agreement between MDKA and the Company as announced on 6 October 2017 for cash injected by MDKA to fund exploration activities at the Company's Sumatera operations in the period between December 2017 and April 2018. The average issue price of the CDIs will be A$0.0177 being the average of the five day weighted average CDI price before each payment made by MDKA to the Company.

This placement of CDIs is being undertaken utilising the Company's existing placement capacity under ASX Listing Rule 7.1 and consequently does not require shareholder approval.

The issue of the CDIs is expected to take place in the next few days.

For further information please contact:

Robert Gregory	Phil Retter
Chief Executive Officer	Investor Relations
Sumatra Copper & Gold plc	NWR Communications
[phone]	M: [phone]
[e-mail]	[e-mail]
About Sumatra Copper & Gold plc

Sumatra Copper & Gold plc (ASX: SUM) is a gold and silver producer and precious metals explorer in southern Sumatra, Indonesia. The Company's flagship asset is its Tembang gold-silver mine, currently in production. The Company also has an extensive exploration portfolio with projects ranging from brownfield, near-production opportunities to strategically located greenfield holdings.

Directors

Jocelyn Waller	Gavin Caudle	Andy Robb
Non-Executive Chairman	Non-Executive Director	Non-Executive Director
Rob Gregory	David Fowler	Adi Sjoekri
Chief Executive Officer	Non-Executive Director	Executive Director

ASX ANNOUNCEMENT
Contact
Amberley Business Centre	Registered address
IBM Building, Level 3	39 Parkside, Cambridge
1060 Hay Street	United Kingdom CB1 1PN
West Perth	Registered Number 5777015
Western Australia 6005
T: + 61 8 9480 0620
E:[e-mail]	ASX Code: SUM

Web:www.sumatracoppergold.com