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ATHENA RESOURCES LIMITED Capital/Financing Update 2009

Jun 15, 2009

64341_rns_2009-06-15_e2335ea8-c1e0-4ae5-815c-f636ef4975aa.pdf

Capital/Financing Update

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63 Lindsay Street Perth WA 6000 p 61 8 9428 2900 f 61 8 9428 2910 e [email protected] www athenaresources.com.au ABN : 69 113 758 900

16 June 2009

The Company Announcements Office Australian Stock Exchange Limited 4 Floor, 20 Bridge Street SYDNEY NSW 2000

NON – RENOUNCEABLE RIGHTS ISSUE – SHORTFALL

The Directors of the Company are pleased to advise that the Non Renounceable Rights Issue closed on 11 June 2009 with Eligible Shareholders taking up 86.7% of the Rights Issue.

The Company wishes to advise that Eligible Shareholders subscribed for 16,557,810 shares at an issue price of 3 cents raising $496,734 and that the remaining 2,542,515 shares representing the shortfall may be placed at the discretion of the Directors.

It is anticipated that the allotment and issue of shares and the dispatch of holding statements will take place on 19 June 2009.

The Directors are very pleased with the level of shareholder support given the current market conditions and wish to thank the Eligible Shareholders who participated in the Rights Issue.

E.W. Edwards Executive Chairman