Gennaloo Creek update, Ellabrae Copper

Ellabrae Copper provides this update on its Gennaloo Creek copper project in Western Australia.

The raise was supported by existing and new investors. Proceeds of the $14 million placement will be applied to exploration across the company's Western Australia tenements. Funds will be applied over the next twelve months.

This announcement was approved for release by the board of Ellabrae Copper.