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ASPIRE MINING LIMITED Capital/Financing Update 2007

Oct 4, 2007

64354_rns_2007-10-04_a237c689-0073-461a-bae9-87d109fb264c.pdf

Capital/Financing Update

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WINDY KNOB RESOURCES LIMITED

ACN 122 417 243

Level 17 Exchange Plaza 2 THE ESPLANADE PERTH WA 6000 Telephone: 08 9223 9898 Facsimile: 08 9221 5107 www.windyknobresources.com.au

5 October 2007

Australian Stock Exchange Companies Announcement Centre 20 Bond Street Sydney NSW 2000

Dear Sir/Madam,

The Company has received firm commitments from Sophisticated Investors for the placement of 3,000,000 shares of 30 cents each per share to raise $900,000 before costs.

Each applicant will receive one free attaching company option for every two shares subscribed for under the placement. The options will be exercisable at 20 cents on or before 31[st] December 2009. The issue of options is subject to shareholder approval, which will be sought at the Company’s AGM.

The proceeds of the placement will be used to fund the ongoing exploration commitments of the Company.

Yours faithfully,

David Parker Company Secretary

For further information please contact:

David Parker, Company Secretary, Windy Knob Resources Limited, Tel: (08) 9223 9898 Windy Knob website: www.windyknobresources.com.au