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ALTECH BATTERIES LTD Capital/Financing Update 2013

Mar 3, 2013

64444_rns_2013-03-03_41cd5bcb-fa31-416f-9ffb-7c5ff84c08f6.pdf

Capital/Financing Update

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MEDIA/ASX RELEASE 4 MARCH 2013

AMMG TOURS WA’S SOUTH WEST WITH CHINESE DELEGATION

Australia Minerals and Mining Group Limited (ASX: AKA) (“AMMG” or “the Company” ), is pleased to announce that it hosted a delegation of three senior executives from a top Chinese investment firm on a two-day tour of Western Australia’s South West region last week.

The delegation arrived in Australia on Tuesday 26 February and visited AMMG’s iron ore, minerals sands and aluminous clay projects on Wednesday, before undertaking a regional tour of Albany’s infrastructure including the Albany Port.

During the tour, AMMG gave a detailed presentation on the Company’s activities and met with local government representatives. The Chinese delegation received a demonstration of the processing technology that AMMG developed, which successfully produces over 99.9% high purity alumina (HPA) from all four of the Company’s South West aluminous clay projects.

Managing director Ric Dawson said, “The interest from the Chinese delegation is a vote of confidence in AMMG’s aluminous clay projects and we are delighted to show them our beautiful South West region. The South West region has enormous development potential and we are spear-heading efforts to attract serious investors to the region.”

ENDS

For more information on Australia Minerals and Mining Group please see below or

contact:

t: t:
Ric DawsonTony Dawe / Belinda Newman
Managing Director Professional Public Relations (PPR)
T: +61 8 9389 5557[email protected] T : +61 8 9388 0944[email protected] /[email protected]

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About AMMG

AMMG was established for the purpose of securing exploration ground over areas that have typically been subject to historical exploration and where significant geological data was available and/or the land was considered sufficiently prospective. Areas with existing or potential access to infrastructure were also targeted.

To date, the Company has identified project areas located in Western Australia and Queensland, which the directors believe may have the potential for the realisation of economic resources of these commodities currently targeted, being - iron ore, aluminous clay, coal, mineral sands, salt, gypsum and gold.

The Company itself or under joint venture now has 21 granted tenements and 36 applications for tenements covering approximately 11,512km[2] over the project areas. AMMG is pursuing a diversification strategy at this stage of the Company’s development in order to provide additional development options and potential production opportunities.

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