ARROW MINERALS LTD — Capital/Financing Update 2013

Aug 27, 2013

ASX Code: SEG

28 August 2013

Market Announcements Platform ASX Limited Exchange Centre, 20 Bridge Street Sydney NSW 2000

SALE OF PARDOO TENEMENTS TO WHITE EAGLE

Segue Resources Limited ( Segue or the Company ) is pleased to announce that it has entered into an agreement to sell two of its Pardoo iron and nickel exploration tenements to White Eagle Resources Ltd ( White Eagle ) for cash consideration of $20,000. The sale is subject to approval by White Eagle shareholders, with a shareholder meeting expected to be conducted in late September 2013.

The tenements being sold to White Eagle are E45/2146 and E45/3464 on the eastern portion of the Pardoo project area. Segue retains a 100% interest in E45/1866 and E45/s3383 which contain the Highway nickel/copper resource. Segue is currently conducting a review of historical exploration data on its two tenements with the aim of identifying new exploration targets in the under-explored northern portion of the project area.

Figure 1 – Pardoo Iron and Nickel Project Area

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Cancellation of Employee Shares

Following the sale of the Company’s interest in the Emang Manganese Project in South Africa, the Board of Segue has determined to buy back and cancel certain shares under the Company’s Employee Share Plan ( ESP ). The total number of shares to be bought back is 13,000,000 at a price of $0.0001 per share for total consideration of $1,300. The Restriction Conditions on 15,050,000 shares already issued under the ESP have been removed.

Following completion of the buy back and cancellation of shares under the ESP, Segue will have total shares on issue of 534,662,798, being a reduction in issued capital of 2.37%.

For further information visit www.segueresources.com or contact:

Segue Resources Limited

Mr Steven Michael (Managing Director) T: +61 8 9486 4699 E: info@segueresources.com

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