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ASARA RESOURCES LIMITED Capital/Financing Update 2013

Apr 4, 2013

64427_rns_2013-04-04_23798388-087a-436a-9d11-25e16098e92a.pdf

Capital/Financing Update

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ASX/Media Announcement

5 April 2013

Rights Issue Allotment

Golden Rim Resources Ltd ( Golden Rim and Company, ASX: GMR) announces it has today allotted 56,800,692 million fully paid ordinary shares under its recently completed rights issue.

The renounceable rights issue gave eligible shareholders the opportunity to purchase one fully paid ordinary share for every nine held at 4 cents each. The rights issue follows a recently completed placement of 52,500,000 fully paid ordinary shares in the Company at an issue price of 4 cents per share to raise $2.1 million. The total raised by the placement and rights issue is $4.4 million (before expenses).

The total issued capital for the Company following the allotment for the placement and rights issue is 568,006,923 fully paid ordinary shares. The twenty largest holders are set out in Table 1.

Golden Rim wishes to thank its loyal shareholders for their participation in the rights issue and for their ongoing support.

-ENDS-

Golden Rim Resources Ltd I ABN 39 006 710 774 I Level 2, 10 Outram Street, West Perth WA 6005, Australia I PO Box 378, West Perth WA 6872, Australia www.goldenrim.com.au I [email protected] I T + 61 8 9481 5758 I F + 61 8 9481 5759

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Table 1. Twenty Largest Holders (as at 5 April 2013)

Rank Holder %
1 PAL TECHNOLOGY SVCS LLC 9.25%
2 J P MORGAN NOM AUST LTD 4.44%
3 CRABB RICK 3.19%
4 NATIONAL NOM LTD 2.88%
5 HSBC CUSTODY NOM AUST LTD 2.51%
6 UBS WEALTH MGNT AUST NOM 2.40%
7 ZADNIK HOLDINGS PL 1.77%
8 FITEL NOM LTD 1.70%
9 OREGON NOM PL OREGON NOM SUPER A 1.56%
10 LIM KENG HOCK JONATHAN 1.10%
11 METALLICA INV PL 1.03%
12 HSBC CUSTODY NOM AUST LTD NT-COMNWLTH SUPER 0.96%
13 JANSEN WILLIAM + M G W & M G JANSEN S/F 0.88%
14 PORTER DAVID JAMES 0.88%
15 HAO YUN LTD 0.88%
16 EARTH SCIENCE SOLUTIONS P MACKAY FAM INV A/C 0.80%
17 REGENCY DVLMTS WA PL AK S/F A/C 0.80%
18 GRAZIANI ANGELO + MARTHA 0.77%
19 CITICORP NOM PL 0.73%
20 SUNCORP CUST SVCS PL SGAEAT 0.72%

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For further information, please contact:

Hayley Butcher

Golden Rim Resources Company Secretary +61 8 9481 5758

Anna Staples AMN Corporate +61 400 205 433 [email protected]

Further Company Information

E: [email protected] W:goldenrim.com.au

Capital Structure

Issued Shares: 568,006,923 Unlisted Options: 33,950,000

Share Registry

Security Transfer Registrars Pty Ltd 770 Canning Highway APPLECROSS WA 6153 AUSTRALIA

T: + 61 8 9315 2333 F: + 61 8 9315 2233 E: [email protected] W: securitytransfer.com.au

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