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ALTECH BATTERIES LTD Capital/Financing Update 2013

Jan 31, 2013

64444_rns_2013-01-31_29a433ca-7ada-476a-b686-c51dbda3b8ef.pdf

Capital/Financing Update

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1 February 2013

Australian Securities Exchange Limited 2 The Esplanade PERTH WA 6000

ENTITLEMENT ISSUE - ACCEPTANCES

The Directors of Australia Minerals & Mining Group Ltd (“AMMG” or “the Company”) wish to advise that pursuant to the offer document lodged with the Australian Securities Exchange on 26 November 2012 for a one new option for every one listed option (AKAOA) entitlement issue closed at 5pm 24 January 2013.

The Company advises that it received acceptances for 11,192,937 options out of a possible 41,987,501 options. The Directors of the Company will place the shortfall in accordance of section 3.7 of the entitlement prospectus.

Interested third parties should contact Mr Ric Dawson, Managing Director on possible allocations of the shortfall.

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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