Dourado Resources : Letter to Option Holders - 10 October 2016

10 October 2016

Dear Optionholder

ZYBER HOLDINGS LTD - PRO-RATA NON-RENOUNCEABLE RIGHTS ISSUE

As announced on 10 October 2016 Zyber Holdings Ltd (ACN (131 090 947)) (Company or Zyber) is undertaking a 1:2 pro rata non-renounceable rights issue (Rights Issue or Offer) of approximately 213,603,605 fully paid ordinary shares (New Share) to raise approximately

$1,068,018 (together with one (1) free attaching option for every two (2) Shares subscribed for and issued exercisable at $0.012 on or before 31 October 2019 (New Options)). The price of New Shares under the Offer is $0.005 each (Issue Price). The Company lodged a prospectus for the Offer (Prospectus) with ASIC and ASX on 10 October 2016.

The Offer is fully underwritten by Patersons Securities Limited (Underwriter). The Company must pay the Underwriter an underwriting fee of 6% of the gross amount raised pursuant to the Offer and a lead manager fee of $60,000. The Company must also reimburse the Underwriter for costs incidental to the Offer.

The Company proposes to use the proceeds of the Entitlement Offer as follows:

Item	Proceeds of the Offer	Full Subscription ($)	%
1.	Continued development of the Zyber business	400,000	37.5
2.	Review of new businesses	300,000	28.1
3.	Expenses of the Offer1	165,000	15.4
4.	Working capital	203,018	19.0
Total	1,068,018	100

The above expenditure budget is indicative only and may change according to circumstances prevailing at the time.

The Offer is being made to all shareholders of the Company (Shareholders) named on its register of members at 5:00 pm (WST) on 14 October 2016, whose registered address is in Australia, New Zealand and Hong Kong.

New Shares will rank equally with all fully paid ordinary shares in the capital of the Company (Shares) already on issue.

Following completion of the Offer, the Company will have issued approximately 213,603,605 New Shares resulting in total Shares on issue of approximately 640,810,815 and 106,801,803 New Options resulting in total Options on issue of approximately 146,890,865.

Optionholders

The terms and conditions of the options you currently hold do not entitle you to participate in the Rights Issue unless you exercise your options in time for new shares to be allotted and to be entered on the Company's register of members on or before 5:00 pm (WST) on 14 October 2016 (Record Date).

To exercise your options and thereby participate in the Rights Issue, you will need to deliver the following to the Company at GPO Box 2517, Perth WA 6831:

1. A notice of exercise of options (attached to this letter);

2. An option certificate (where the options are certificated) or a copy of a holding statement (where the options are uncertificated) in respect of those options to be exercised; and

3. Payment for the exercise price in respect of those options to be exercised by way of a cheque made payable to "Zyber Holdings Limited - Share Account".

To ensure that your new shares are allotted prior to the Record Date, the above must be received by the Company by no later than 13 October 2016. If received after this date, allotment of new shares prior to the Record Date cannot be assured.

Before deciding whether to exercise any or all of your options, you should read the Prospectus in its entirety.

This notice is important and requires immediate attention. If you have any queries concerning the Rights Issue, please contact your financial adviser or Zyber's Company Secretary, on [phone].

Yours sincerely

Elizabeth Hunt

Company Secretary Telephone: [phone]

Email: [e-mail]