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1 ASX Announcement 1 September 2016 Appendix 4E 1. Current Reporting Period: 30 June 2016 Previous Corresponding Period: 30 June 2. Results for announcement to the Market Percentage Change Revenue from ordinary activities up 320% to 341,960 Loss from ordinary activities after tax attributable to members down 57% to (4,246,193) Net loss for the period attributable to members down 57% to (4,246,193) Brief explanation of Results Revenues increased mainly due to divestment of mineral assets in preparation for the acquisition of Weebit Nano Ltd in the previous corresponding period (see prospectus on ASX lodged on 3 May 2016). The losses are due in most part due to impairment of iron ore exploration assets. Much of the impairment was recorded in the year ending 30 June, leading to a lower loss in 2016 financial year. Dividends Amount per security Percentage Franked Final Dividend N/A N/A Interim Dividend N/A N/A Date the Dividend is Payable: N/A N/A Record Date for determining entitlements to the Dividends: N/A N/A The company did not declare a dividend during the financial period and has not declared a dividend since the end of the financial period. 3. Net Tangible Assets per Security As at 30 June 2016 As at 30 June (0.19) cents 1.04 cents At 30 June 2016 all mineral exploration assets had been fully impaired or sold, and shares had not yet been issued for application funds received under the prospectus dated 3 May. 4. Audit report The preliminary final report is based on accounts which are in the process of being audited.

2 WEEBIT NANO LTD STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME 2016 Finance income 4,857 4,334 Other income 167,585 77,008 Financial administration, insurance and compliance costs (563,082) (163,769) Consultants and contractors (174,030) (116,878) Depreciation (954) (10,211) Employee benefits expenses (1,397,059) (178,770) Project evaluation expense (152,460) - Finance costs (24,072) (71,324) Write off of exploration expenditure (2,049,834) (9,367,730) Other expenses (57,144) (25,044) Loss before income tax expense (4,246,193) (9,852,384) Income tax benefit - - Loss for the year (4,246,193) (9,852,384) Other Comprehensive Income - - Total Comprehensive Loss for the year (4,246,193) (9,852,384) Loss attributable to: Owners of the parent entity (4,246,193) (9,852,384) Total Comprehensive Loss attributable to: Owners of the parent entity (4,246,193) (9,852,384) Basic and Diluted Loss per share cents per share (3.21) (8.09) The above Statement of Profit or Loss and Other Comprehensive Income should be read in conjunction with the accompanying notes.

3 WEEBIT NANO LTD STATEMENT OF FINANCIAL POSITION As at 30 June June 30 June 2014 ASSETS Current assets Cash and cash equivalents 3,598, ,678 Trade and other receivables 130,174 2,179 Total current assets 3,728, ,857 Non-current assets Exploration and evaluation expenditure - 2,169,843 Plant and equipment - 2,148 Total non-current assets - 2,171,991 TOTAL ASSETS 3,728,744 2,413,848 LIABILITIES Current liabilities Trade and other payables 2 3,979, ,685 Convertible s - 631,085 Total current liabilities 3,979,714 1,037,770 TOTAL LIABILITIES 3,979,714 1,037,770 NET ASSETS (250,970) 1,376,078 EQUITY Share capital 15,604,203 14,213,409 Reserves 1,305,444 77,094 Accumulated losses (17,160,618) (12,914,425) TOTAL EQUITY (250,970) 1,376,078 The above Statement of Financial Position should be read in conjunction with the accompanying notes.

4 WEEBIT NANO LTD STATEMENT OF CHANGES IN EQUITY 2016 Share Capital Option Reserve Accum. Losses Total Equity Total equity at the beginning of the year 14,213,409 77,094 (12,914,425) 1,376,078 Total comprehensive loss for the year - - (4,246,193) (4,246,193) Transactions with equity holders: Shares issued during the year: Shares issued (net of capital raising costs) 1,390, ,390,794 Share-based payments - 1,228,350-1,228,350 Total equity at 30 June ,213,409 1,305,444 (17,160,618) (250,970) Share Capital Option Reserve Accum. Losses Total Equity Total equity at the beginning of the year 13,220,638 77,094 (3,062,041) 10,235,691 Total comprehensive loss for the year - - (9,852,384) (9,852,384) Transactions with equity holders: Shares issued during the year: Shares issued (net of capital raising costs) Share-based payments 992, ,771 Total equity at 30 June 14,213,409 77,094 (12,914,425) 1,376,078 The above Statement of Changes in Equity should be read in conjunction with the accompanying notes.

5 STATEMENT OF CASH FLOWS RADAR IRON LTD Cash flows from operating activities Receipts from customers - - Research & development tax offset 152,585 77,008 Interest received 4,857 4,334 Interest paid - (55,240) Payments to suppliers and employees (1,273,664) (181,141) Net cash used in operating activities (155,039) (155,039) Cash flows from investing activities Payments for capitalised exploration expenditure - (684,118) Payments for acquisition of prospects - (560,000) Proceeds from sale of non-current assets 182,178 45,000 Net cash used in investing activities 182,178 (1,199,118) Cash flows from financing activities Proceeds from issues of shares and option exercise 510, ,771 Proceeds from convertible notes 165, ,000 Share Application Funds received (held on trust) 2 3,617, ,000 Net cash flows provided by financing activities 4,292,936 1,578,771 Net increase/(decrease) in cash and cash equivalents 3,358, ,614 Cash and cash equivalents at the beginning of the period 239,678 15,064 Cash and cash equivalents at the end of the year 3,598, ,678 The above Statement of Cash Flows should be read in conjunction with the accompanying notes.

6 RADAR IRON LTD NOTES TO THE FINANCIAL STATEMENTS NOTE 1: BASIS OF PREPARATION This preliminary final report has been prepared in accordance with the ASX Listing Rule 4.3A and the disclosure requirements of ASX Appendix 4E. This financial report does not include all notes of the type normally included within the annual financial report and therefore cannot be expected to provide as full an understanding of the financial performance, financial position and financing and investing activities of the consolidated entity as the full financial report. It is recommended that this financial report be read in conjunction with any public announcements made by Thred Limited during the year ended 30 June 2016 in accordance with the continuous disclosure obligations of the ASX listing rules. The accounting policies and methods of computation are the same as those adopted in the most recent annual financial report. Since the 31 December Interim Financial Report, based on reviewed financial information, activity has been limited to preparation for the acquisition of Weebit Nano Ltd. See that report for fuller details of many transactions and balances. NOTE 2: APPLICATION FUNDS ON TRUST On 3 May 2016 the Company lodged a prospectus at ASIC and on the ASX platform, associated with the planned acquisition. In it, the Company offered up to 150,000,000 Shares at an issue price of 0.05 per Share to raise up to 7,500,000 with oversubscriptions being offered up to a further 50,000,000 Shares to raise up to an additional 2,500,000 (less any Shares issued under the SPP Offer) (Public Offer); and up to 50,000,000 Shares to Eligible Shareholders at an issue price of 0.05 per Share to raise up to 2,500,000 (SPP Offer). Under s722 of the Corporations Act 2001 all application money received from people applying for securities under the prospectus must be held in trust for the applicants until the shares are issued or transferred; or the money is returned to the applicants.