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ASARA RESOURCES LIMITED Capital/Financing Update 2009

Jun 9, 2009

64427_rns_2009-06-09_898d173c-7181-4cac-8df3-51aaa538243b.pdf

Capital/Financing Update

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10 June 2009

Companies Announcement Office Australian Stock Exchange Limited 20 Bridge Street SYDNEY NSW 2000

By e-lodgement

Dear Sir/Madam

RIGHTS ISSUE

The Board of Directors of Golden Rim Resources Ltd (“ Company ” and “ Golden Rim ”) are delighted to announce that the Company’s recent Rights Issue which closed on 4 June 2009 has been highly successful with oversubscriptions received.

The Company is in the process of determining the final distribution of securities between entitlement applications, shortfall applications and placements by the Underwriter of the shortfall. Upon completion of this process the Company will make a further announcement.

Due to the overwhelming response to the Rights Issue, the Underwriter is also looking to place the additional 15% placement capacity available to the Company.

Yours faithfully GOLDEN RIM RESOURCES LTD

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GILBERT RODGERS Company Secretary

Golden Rim Resources Ltd ABN 39 006 710 774

Head Office: Level 2, 10 Outram Street, West Perth, WA 6005, Australia Telephone: +61 8 9481 5758 Facsimile: +61 8 9481 5759 Email: [email protected] Website: www.goldenrim.com.au