Liquidity Update

The Trustees of the PURE Resources Fund (the Fund) wish to update unitholders on liquidity.

The Pure Resources Fund is adopting the managed redemption process set out in the PURE Resources Information Memorandum.

To manage the portfolio in the best interests of all unitholders, and in accordance with the IM, unit holders may redeem a maximum of 20% of their peak unit holding at each quarterly redemption date, subject to an aggregate amount of 10% of the Net Asset Value per quarter. In the case redemptions exceed 10%, a pro-rata calculation will apply.

The Fund’s assets are inherently illiquid, but the Trustees are pursuing multiple opportunities to ensure redemptions are met while managing the portfolio in the best interests of all unitholders and will continue to keep unit holders informed as to the liquidity profile of the Resources Fund.

If you require any assistance, or you have any queries in relation to your Unitholding, please contact Apex, by telephone on 1300 133 451 (within Australia) or +61 2 8259 8888 (international) or by email at registry@apexgroup.com.