ACROW LIMITED — Share Issue/Capital Change 2011

Aug 2, 2011

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3 August 2011

Company Announcements Office Australian Stock Exchange PO Box H224 Australia Square Sydney NSW 2000

CORRECTION: EXERCISE OF LISTED OPTIONS

In relation to the Company’s previously lodged Appendix 3B in respect of the conversion of options exercisable at $0.30 each and expiring 21 July 2011 ( NMGO ), the following correction is noted.

On 27 July 2011, a total of 13,638,717 NMGO were converted to fully paid ordinary shares, not 13,676,217 as was disclosed in the Appendix 3B dated 28 July 2011. The overstatement of 37,500 shares arose through an inadvertent duplication of an option exercise notice and payment, and the matter has been rectified.

An Appendix 3B disclosing the correct number of options converted and subsequent issued capital of the Company follows this announcement.

Authorised by:

Wayne Norris Managing Director

att.

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Appendix 3B New issue announcement

Rule 2.7, 3.10.3, 3.10.4, 3.10.5

Appendix 3B

New issue announcement, application for quotation of additional securities and agreement

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 1/7/96. Origin: Appendix 5. Amended 1/7/98, 1/9/99, 1/7/2000, 30/9/2001, 11/3/2002, 1/1/2003, 24/10/2005.

Name of entity

NOBLE MINERAL RESOURCES LIMITED

ABN

36 124 893 465

We (the entity) give ASX the following information.

Part 1 - All issues

You must complete the relevant sections (attach sheets if there is not enough space).

1	+Class of +securities issued or to be	Shares.
	issued
2	Number of +securities issued or to	(a) 13,638,717 fully paid ordinary shares.
	be issued (if known) or maximum	(b) 4,500 fully paid ordinary shares.
	number which may be issued
3	Principal terms of the +securities (eg,	Fully paid ordinary shares.
	if options, exercise price and expiry
	date; if partly paid +securities, the
	amount outstanding and due dates
	for payment; if +convertible
	securities, the conversion price and
	dates for conversion)

• See chapter 19 for defined terms.

24/10/2005Appendix 3B Page 1

Appendix 3B New issue announcement

4 Do the[+] securities rank equally in all Yes. respects from the date of allotment with an existing +class of quoted +securities? If the additional securities do not rank equally, please state:  the date from which they do  the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment  the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment 5 Issue price or consideration (a) $0.30 per share. (b) $0.35 per share. 6 Purpose of the issue (a) Exercise of listed options at $0.30 each (If issued as consideration for the (expiry date: 21 July 2011). acquisition of assets, clearly identify (b) Exercise of listed options at $0.35 each those assets) (expiry date: 21 July 2013). 7 Dates of entering[+] securities into 27 July 2011. uncertificated holdings or despatch of certificates Number +Class 8 Number and +class of all +securities quoted on ASX 460,296,067 Fully paid ordinary shares. ( including the securities in clause 2 if applicable) 74,343,107 Options exercisable at $0.35 each on or before 21 July 2013 (NMGOA). * there were 746,789 options which remained unexercised at 21 July 2011 and which have lapsed.

• See chapter 19 for defined terms.

24/10/2005

Appendix 3B Page 2

Appendix 3B New issue announcement

	9 Number and +class of all		Number	+Cla	ss
	+securities not quoted on ASX (_including_the securities in clause 2 if applicable) 10 Dividend policy (in the case of a trust, distribution policy) on the		6,000,000 6,250,000	Opt each 2014 Opti each 2014	ons exercisable at $0.20 on or before 8 July . ons exercisable at $0.40 on or before 19 August .
			Not Applicable
increased capital (interests) Part 2 - Bonus issue or pro ra Questions 11 to 33 Not Applicable	increased capital (interests)
			ta issue

Part 2 - Bonus issue or pro rata issue

Questions 11 to 33 Not Applicable

Part 3 - Quotation of securities

You need only complete this section if you are applying for quotation of securities

• 34 Type of securities ( tick one )

• (a) Securities described in Part 1

• (b) All other securities

Example: restricted securities at the end of the escrowed period, partly paid securities that become fully paid, employee incentive share securities when restriction ends, securities issued on expiry or conversion of convertible securities

Entities that have ticked box 34(a)

Additional securities forming a new class of securities

Questions 35 to 37 - Not Applicable

Entities that have ticked box 34(b)

Questions 38 to 42 - Not Applicable

• See chapter 19 for defined terms.

24/10/2005

Appendix 3B Page 3

Appendix 3B New issue announcement

Quotation agreement

• 1 +Quotation of our additional +securities is in ASX’s absolute discretion. ASX may quote the[+] securities on any conditions it decides.

• 2 We warrant the following to ASX.

• The issue of the[+] securities to be quoted complies with the law and is not for an illegal purpose.

• There is no reason why those[+] securities should not be granted[+] quotation.

• An offer of the[+] securities for sale within 12 months after their issue will not require disclosure under section 707(3) or section 1012C(6) of the Corporations Act.

  • Note: An entity may need to obtain appropriate warranties from subscribers for the securities in order to be able to give this warranty

• Section 724 or section 1016E of the Corporations Act does not apply to any applications received by us in relation to any[+] securities to be quoted and that no-one has any right to return any[+] securities to be quoted under sections 737, 738 or 1016F of the Corporations Act at the time that we request that the[+] securities be quoted.

• If we are a trust, we warrant that no person has the right to return the +securities to be quoted under section 1019B of the Corporations Act at the time that we request that the[+] securities be quoted.

• 3 We will indemnify ASX to the fullest extent permitted by law in respect of any claim, action or expense arising from or connected with any breach of the warranties in this agreement.

• 4 We give ASX the information and documents required by this form. If any information or document not available now, will give it to ASX before[+] quotation of the[+] securities begins. We acknowledge that ASX is relying on the information and documents. We warrant that they are (will be) true and complete.

Sign here: .......................................................... (Managing Director)

Date: 3 August 2011

Print name:

Wayne Norris

• See chapter 19 for defined terms.

24/10/2005

Appendix 3B Page 4