ALTAMIN LIMITED — Capital/Financing Update 2012

Nov 12, 2012

13[th] November 2012

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ASX Announcement

ASX Code EMX

Despatch of Offer Document and Entitlement and Acceptance Form

ABN 63 078 510 988

PO Box 1785 West Perth WA 6872

Level 2, 20 Kings Park Road West Perth WA 6005

Energia Minerals Ltd (ASX: EMX) is pleased to advise that the non-renounceable rights issue announced 31 October 2012 is now open.

The Offer Document as announced on 31 October 2012 together with an Entitlement and Acceptance Form have been despatched to shareholders today.

A copy of the Entitlement and Acceptance Form is attached.

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Kim Robinson Managing Director +61 8 9321 5000 info@energiaminerals.com

For media enquiries contact: Nicholas Read Read Corporate +61 8 9388 1474 info@readcorporate.com.au

T: + 61 8 9321 5000 F: + 61 8 9321 7177 E: info@energiaminerals.com W: www.energiaminerals.com

Board of Directors Tony Iannello Non Executive Chairman Kim Robinson Managing Director Leigh Bettenay Executive Director – Exploration and Development Max Cozijn Non Executive Director Ian Walker Non-Executive Director Bryn Jones Non-Executive Director Company Secretary Jamie Armes CFO and Company Secretary

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Page 1 of 1

THIS DOCUMENT IS IMPORTANT. IF YOU ARE IN DOUBT AS TO HOW TO DEAL WITH IT, PLEASE CONTACT YOUR STOCK BROKER OR LICENSED PROFESSIONAL ADVISOR.

ENTITLEMENT AND ACCEPTANCE APPLICATION FORM

ENERGIA MINERALS LIMITED

SHARE REGISTRY: Security Transfer Registrars Pty Ltd All Correspondence to: PO BOX 535, APPLECROSS WA 6953 AUSTRALIA 770 Canning Highway, APPLECROSS WA 6153 AUSTRALIA T: +61 8 9315 2333 F: +61 8 9315 2233 E: registrar@securitytransfer.com.au W: www.securitytransfer.com.au

REGISTERED OFFICE:

LEVEL 2 20 KINGS PARK ROAD WEST PERTH WA 6005 AUSTRALIA

ACN: 078 510 988

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Code: EMX

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Holder Number: Shares Held as at 5.00pm AWST on 9 November 2012: Entitlement to New Shares (2 New Shares for every 5 Shares held): Amount payable on acceptance at $0.035 per New Share:

NON-RENOUNCEABLE RIGHTS ISSUE CLOSING AT 5.00PM AWST ON 28 NOVEMBER 2012

As a Shareholder you are entitled to acquire 2 New Shares for every 5 Shares that you hold on the Record Date at an Offer Price of A$0.035 per New Share. You may also apply for Additional Shares in excess of your Entitlement, up to a maximum of $5,000 at the Offer Price.

This is an important document and requires your immediate attention. If you do not understand it or you are in doubt as how to deal with it, you should contact your stockbroker, solicitor, accountant or other professional adviser.

IMPORTANT : The Offer is being made under the Offer Document dated 13 November 2012. The Offer Document contains information about investing in the New Shares. Before applying for New Shares, you should carefully read the Offer Document.

THIS IS A PERSONALISED FORM FOR THE SOLE USE OF THE SHAREHOLDER AND HOLDING RECORDED ABOVE

• (1) I/We the above named being registered at 5.00pm AWST on 9 November 2012 as holder(s) of Shares in the Company hereby accept as follows:

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NUMBER OF NEW SHARES AMOUNT ENCLOSED
ACCEPTED/APPLIED FOR @ $0.035 PER SHARE
Entitlement or Part Thereof
, , $ , , .
Additional Shares
, , $ , , .
TOTAL , , TOTAL $ , , .
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• (* refer to section 7 of Part B of the Offer Document)

• (2) I/We have enclosed/made payment for amount shown above (following the payment instructions as detailed overleaf).

• (3) I/We hereby authorise you to place my/our name(s) on the register of members in respect of the number of New Shares allotted to me/us.

• (4) I/We agree to be bound by the Constitution of the Company.

• (5) I/We understand that if any information on this form is not completed correctly, or if the accompanying payment is for the wrong amount, it may still be accepted. Any decision of the Directors as to whether to accept this form, and how to construe, amend or complete it shall be final.

• (6) I/We authorise the Company to send me/us a substituted form if this form ceases to be current.

• (7) I/We declare that I/we have received a full and unaltered version of the Offer Document either in an electronic or paper format.

BPAY PAYMENT OR THE RETURN OF THIS DOCUMENT WITH THE REQUIRED REMITTANCE WILL CONSTITUTE YOUR ACCEPTANCE OF THE OFFER. REGISTRY DATE STAMP PAYMENT INFORMATION - Please also refer to payment instructions overleaf. OPTION 1: BPAY OPTION 2: CHEQUE/MONEY ORDER Biller Code: 159483 Cheques or money orders must be drawn on an Ref: Australian branch of a financial institution in Australian currency, made payable to " Energia BPAY® this payment via internet or phone banking. Minerals Limited - Rights Issue Account " and Your BPAY® Reference Number is unique to this Offer and crossed "Not Negotiable". your holding, and is not to be used for any other Offer. Contact your bank or financial institution to make this payment from your cheque, savings, debit or transaction account. For more information, go to www.bpay.com.au. E & O.E.

7764164768

4

0282164766

LODGEMENT INSTRUCTIONS

My/Our contact details in case of enquiries are:

NAME

EMAIL ADDRESS

@

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TELEPHONE NUMBER 1
( )
TELEPHONE NUMBER 2
( )
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ACCEPTANCE OF OFFER

The Rights Issue to which this Entitlement and Acceptance Form relates is being made to all of Shareholders of the Company. By returning the Entitlement and Acceptance Form with payment to the Registry, or making payment received by BPAY®:

• you represent and warrant that you have read and understood the Offer Document and that you acknowledge the matters, and make the warranties and representations (including those in section C(9) of the Offer Document);

• you provide authorisation to be registered as the holder of New Shares acquired by you and agree to be bound by the Constitution of Energia Minerals Limited.

PAYMENT INSTRUCTIONS

OPTION 2: CHEQUE/MONEY ORDER

OPTION 1: BPAY®

BPAY® this payment via internet or phone banking.

Refer overleaf for the Biller Code and Reference Number used to identify your holding.

To work out the total amount payable by you, multiple the number of New Shares you wish to apply for by $0.035. If you have multiple holdings you will have multiple Reference Numbers. You must use the Reference Number shown on each personalised Entitlement and Acceptance Form when applying and paying for any New Shares in respect of that holding. Multiple acceptances must be paid separately.

If you elect to make a payment using BPAY® you must contact your bank or financial institution to make this payment from your cheque, savings, debit or transaction account. You should be aware of your financial institution's cut-off time (the time payment must be made to be processed overnight) and ensure payment is processed by their financial institution on or before the day prior to the closing date of the offer. BPAY® applications will only be regarded as accepted if payment is received by the registry from your financial institution on or prior to the closing date. It is your responsibility to ensure funds are submitted correctly by the closing date and time.

You do not need to return this form if you have made payment via BPAY®. Your BPAY® Reference Number will process the payment for your Entitlement electronically and you will be deemed to have applied for the amount of New Shares for which you have paid.

ENQUIRIES

All enquiries should be directed to the Company's Share Registry: Security Transfer Registrars Pty Ltd PO Box 535, Applecross WA 6953 AUSTRALIA 770 Canning Highway, Applecross WA 6153 AUSTRALIA Telephone +61 8 9315 2333 Facsimile +61 8 9315 2233 Email: registrar@securitytransfer.com.au

Complete all relevant sections of the Entitlement and Acceptance Form USING BLOCK LETTERS. These instructions are cross referenced to each section of the Entitlement and Acceptance Form.

Number of New Shares Accepted/Applied

Enter the number of New Shares you wish to apply for. The number of New Shares must be equal to or less than your Entitlement, which is set out overleaf.

Additional Shares

You can apply for up to $5,000 more New Shares than your Entitlement. Please enter the number of Additional Shares above your Entitlement you wish to apply for. Your Application for Additional Shares may not be successful (wholly or partially). The decision of Energia Minerals Limited on the number of Additional Shares to be allocated to you will be final. No interest will be paid on any Application Monies received or returned.

Total Number of New Shares Accepted/Applied

To calculate total number of New Shares subscribed for, add the number of New Shares and Additional Shares applied for.

Cheque/Money Order Details

All cheques should be drawn on an Australian bank and expressed in Australian currency and crossed "Not Negotiable".

Cheques or bank drafts drawn on overseas banks in Australian or any foreign currency will NOT be accepted. Any such cheques will be returned and the acceptance deemed to be invalid. Please ensure sufficient cleared funds are held in your account, as your cheque will be banked as soon as it is received. Your acceptance may be rejected if your cheque is dishonoured. If you provide a cheque or money order for the incorrect amount, Energia Minerals Limited may treat you as applying for as many New Shares and Additional Shares as your cheque or money order will pay for.

Do not forward cash as receipts will not be issued.

Contact details

Enter your contact telephone number and email address where we may contact you regarding your acceptance of New Shares, if necessary.

LODGING YOUR ENTITLEMENT AND ACCEPTANCE FORM

When completed, this form together with the appropriate payment should be forwarded to the Share Registry:

Security Transfer Registrars Pty Ltd PO Box 535, APPLECROSS WA 6953.

Applications must be received by Security Transfer Registrars Pty Ltd no later than 5.00pm AWST on the Closing Date. Energia Minerals Limited reserves the right not to process any Entitlement and Acceptance Forms and cheques received after the Closing Date.

PRIVACY STATEMENT

Personal information is collected on this form by Security Transfer Registrars Pty Ltd as the registrar for securities issuers for the purpose of maintaining registers of securityholders, facilitating distribution payments and other corporate actions and communications. Your personal details may be disclosed to related bodies corporate, to external service providers such as mail and print providers, or as otherwise required or permitted by law. If you would like details of your personal information held by Security Transfer Registrars Pty Ltd or you would like to correct information that is inaccurate please contact them on the address on this form.