Company Update - Additional Funds Received

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For immediate release 6 June 2019

Challenger Acquisitions Limited

("Challenger" or the "Company")

Additional Funds Received

Challenger Acquisitions Limited (LSE: CHAL) announces that it has received a further US$50,750 (US$50,000 principal plus interest) pursuant to an agreement with the developers of the wheel project in Dallas, Texas to sell its US$300,000 investment in this project back to the Developers. This is the fifth of six scheduled payments.

**ENDS**

For more information visit www.challengeracquisitions.com or enquire to: