Announcement PDF ASX Code: SHE ASX Code: SHE 21 December 2015 Extension of Prospectus Offer Period The Company wishes to advise that the Closing Date of the Prospectus dated 25 November 2015, first supplementary prospectus dated 27 November 2015 and second supplementary prospectus dated 14 December 2015 has been extended. The Offer will now close on Friday, 29 January 2016 at 5.00pm (AEDT). An amended indicative timetable in relation to the Offer is as follows: Event Date Company announces change of nature and scale of activities 30 November 2015 Suspension of the Company’s Securities from trading on ASX at the opening of trading 30 November 2015 Annual General Meeting to approve the change of nature of activities and other matters 10am WST, 30 November 2015 Priority Offer Record Date 5pm WST, 30 November 2015 ASX informed of Shareholder approvals Following AGM on 30 November 2015 Lodgement of Prospectus for Capital Raising 25 November 2015 Opening Date of the Offers 30 November 2015 Closing Date of the Offers 5.00pm (AEDT) on 29 January 2016 Completion of Capital Raising and issue of New Shares 5 February 2016 Settlement of Acquisition 5 February 2016 Anticipated date the suspension of trading of Shares is lifted 11 February 2016 For further information, see www.stonehengemetals.com.au, www.proteanwaveenergy.com or contact: Stonehenge: Bruce Lane – Managing Director T: + 61 8 9481 2276 E: blane@stonehengemetals.com.au Media Queries: Fran Foo - Media & Capital Partners T: +61 416 302 719 E: fran.foo@mcpartners.com.au Page 1 of 1