Kibush Capital Corporation Update

MELBOURNE, Australia, March 16, 2015 /PRNewswire/ -- Kibush Capital Corporation (OTC: DLCR) announced today it has taken up the option to increase the shareholding in subsidiary Angel Jade from 51% to 75%.

Warren Sheppard, the Company's CEO, said following a detailed review of the resource and the market opportunities that existed primarily in the Australasian Region it was in the best interests of the Company to provide a level of financial support to develop both the resource and market. The assets of Angel Jade comprise Exploration Licence 8104, the area covered is 35 km SE of Tamworth, 300 sq km in size, 250 km from the port of Newcastle, New South Wales, Australia which is accessible by sealed road. The resource is predominantly Jade, this nephrite jade occurs in the New England Fold Belt, which extends from northeast New South Wales into southeast Queensland. Within the boundaries of the EL there is also a large unmeasured, but potentially valuable Rhodenite resource within the tenement.

Mr Sheppard also announced that Kibush Capital Corporation has now decided to solely focus on its mining investments and as a result has divested the interest held in Instacash, effective February 28^th, 2015.

Contact:

Paul Knopick

E & E Communications

[email protected]

940-262-3584

SOURCE Kibush Capital Corporation