AVIRA RESOURCES LTD — Capital/Financing Update 2013

Mar 10, 2013

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ASX Release

DATE: 11- MAR - 2013 ASX Code: MGS

Placement of securities by MGT Mining Limited to MGT Resources Limited

A placement of new ordinary shares has been made by MGT Mining Limited to its major shareholder, MGT Resources Limited.

13,289,074 shares in MGT Mining were issued to MGT Resources at $0.25.

This takes the total shareholding in MGT Mining Limited to 86.48%

MGT Mining Limited and its wholly owned subsidiary, owns 100% of the Mt Garnet Projects, the Pyramid Gold Projects, and the Southern Queensland Projects.

Registry: Computershare Issued Shares: 288,157,040 Tin Price: US$23,597/t Gold Price: US$1,578/oz

By order of the Board,

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Alexander Moody Company Secretary

MGT

Resources Limited 2.05/68 York Street, Sydney, NSW 2000, Australia

T: 61 2 9262 1122 F: 61 2 9299 5175

www.mgt.net.au info@mgt.net.au

ABN: 38 131 715 645

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ASX RELEASE

www.mgt.net.au info@mgt.net.au