ASARA RESOURCES LIMITED — Share Issue/Capital Change 2013

Oct 28, 2013

ASX/Media Announcement 29 October 2013

Notice Under ASIC Class Order [CO 09/425]

Golden Rim Resources Ltd is pleased to announce that it will be offering existing eligible shareholders, the opportunity to participate in a Share Purchase Plan ( Plan ). Shareholders with a registered address in Australia or New Zealand as at 23 October 2013 will be eligible to participate in the Plan.

As announced on 24 October 2013, Golden Rim Resources Ltd ( Company ; ASX: GMR) is proposing to conduct a non-underwritten Share Purchase Plan offer.

Pursuant to ASIC Class Order [CO 09/425], the Company hereby states:

1. The Company will offer fully paid ordinary shares in the capital of the Company ( New Shares ) for issue without disclosure to investors under Part 6D.2 of the Corporations Act 2001 (Cth) ( Act ).

2. The Company is giving this notice under ASIC Class Order [CO 09/425].

3. As at the date of this notice, the Company has complied with:

   • (a) the provisions of Chapter 2M of the Act as they apply to the Company; and

   • (b) section 674 of the Act.

4. As at the date of this notice there is no information:

   • (a) that has been excluded from a continuous disclosure notice in accordance with the ASX Listing Rules; and

   • (b) that investors and their professional advisers would reasonably require for the purpose of making an informed assessment of:

     • (i) the assets and liabilities, financial position and performance, profits and losses and prospects of the Company; or

     • (ii) the rights and liabilities attaching to the New Shares.

The Company takes this opportunity to remind shareholders that the Company continues to investigate various ways in which to raise additional funds to complete the Bankable Feasibility Study at Balogo. The Company is also actively seeking to divest non-core assets. While various discussions are being held on an on-going basis, the Company has not reached any agreements.

-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 info@goldenrim.com.au I T + 61 8 9481 5758 I F + 61 8 9481 5759

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For further information, please contact:

Hayley Butcher Golden Rim Resources Company Secretary +61 8 9481 5758

Further Company Information

E: info@goldenrim.com.au W:goldenrim.com.au

Capital Structure

Issued Shares: 653,006,923 Unlisted Options: 33,650,000

Major Shareholders

Royal Group, Abu Dhabi 8.34%

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: registrar@securitytransfer.com.au W: securitytransfer.com.au

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