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Alkane Resources Capital/Financing Update 2012

Mar 13, 2012

48579_rns_2012-03-13_f33252f6-ba25-400e-be19-b62800f26481.pdf

Capital/Financing Update

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----- Start of picture text ----- RESOURCES LTDABN 35 000 689 216----- End of picture text -----

14 March 2012

Manager Announcements Company Announcements Office ASX Limited 20 Bridge Street Sydney NSW 2000

Dear Sir,

ENTITLEMENT OFFER DESPATCH OF BOOKLET AND ENTITLEMENT & ACCEPTANCE FORMS

Further to the Company’s previously announced non-renounceable Entitlement Offer to shareholders, we confirm that the Entitlement Offer Booklet and personalised Entitlement and Acceptance forms have been despatched today.

Yours faithfully,

for ALKANE RESOURCES LTD

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Karen E V Brown

Joint Company Secretary

65 Burswood Road, Burswood WA 6100, AUSTRALIA (PO Box 4384, Victoria Park WA 6979, AUSTRALIA) Telephone: +61 8 9227 5677 Facsimile: 61 8 9227 8178 www.alkane.com.au [email protected]