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ALTECH BATTERIES LTD Capital/Financing Update 2013

May 27, 2013

64444_rns_2013-05-27_7aca65e9-084a-48e5-8b54-53c3a0f69000.pdf

Capital/Financing Update

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28 May 2013

Australian Securities Exchange Limited 2 The Esplanade PERTH WA 6000

ENTITLEMENT OPTIONS ISSUE - ACCEPTANCES

The Directors of Australia Minerals & Mining Group Ltd (“AMMG” or “the Company”) wish to advise that pursuant to the prospectus lodged on 26 November 2012 and the supplementary prospectus lodged on 22 March 2013 with the Australian Securities Exchange, the offer closed at 5pm 24 May 2013.

The Company advises that it received acceptances for 21,465,500 options out of a possible 41,987,501 options for additional working capital of $214,655.

The Company will seek listing of these securities as per the Prospectus.

Yours faithfully

Piers Lewis Company Secretary Australia Minerals & Mining Group Ltd

For more information on Australia Minerals & Mining Group please see below or contact:

Ric Dawson Managing Director T: +61 8 9389 5557 [email protected]

Tony Dawe Professional Public Relations Pty Ltd T: + 61 8 9388 0944 [email protected]

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