AVIRA RESOURCES LTD — Capital/Financing Update 2013

Jan 6, 2013

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ASX Circular

Date : 7 January 2012

MGT RESOURCES LIMITED – COMMENCEMENT OF OFFICIAL QUOTATION

Key topics

1. MGT Resources Limited

2. ASX Code: MGS

3. Quotation Commences: 11.00 am A.E.D.T. on Wednesday, 9 January 2013.

MGT Resources Limited (the “Company”) was admitted to the Official List of ASX Limited on Monday, 7 January 2013.

Official quotation of the Company’s securities will commence on Wednesday, 9 January 2013. The Company raised $1,262,000 under the Offer by the issue of 6,310,000 fully paid ordinary shares at an issue price of $0.20.

Reading List

Client Advisers Corporate Advisory DTR Operators Institutions

Listing Officers ASX Settlement Participants Office Managers Operations Managers (back office)

Research Analysts Share Registries ASX Clear Participants Market Participants

Authorised by

Andrew Black

Contact

Charlotte Hope

Telephone

(02) 92270214

ASX Limited ABN 98 008 624 691 Exchange Centre 20 Bridge Street Sydney NSW 2000 PO Box H224 Australia Square NSW 1215

Internet: http://www.asx.com.au

No responsibility is accepted for any inaccuracies contained in the matter published.

Quoted Securities: 139,931,455 fully paid ordinary shares ASX Code: MGS Time: 11:00 am A.E.D.T. Date: 9 January 2013 ASX Trade Abbreviation: MGTRESOURC ISIN: AU000000MGS7 Home Branch: Sydney Industry Classification: 1510 Materials Registered Office: Suite 205B, 68 York Street Sydney, NSW, 2000 Ph: (02) 9262 1122 Fax: (02) 9299 5175 Company Secretary: Alexander Moody Share Registry: Computershare Investor Services Pty Ltd GPO Box 523 Brisbane, QLD, 4001 Ph: 1300 552 270 Balance Date: 30 June CHESS: Participating. The Company will also operate an issuer sponsored subregister.

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State of Incorporation:

New South Wales

Dividend Policy: Refer to page 79 of the replacement prospectus dated 29 October 2012. Activities: Mineral exploration for Tin and Gold in Queensland.

ASX Restricted Securities: 148,225,585 fully paid ordinary shares classified by ASX as restricted securities and to be held in escrow for a period of 24 months from commencement of official quotation.

8,400,000 unquoted options exercisable at 20 cents each on or before 29 June 2013 classified by ASX as restricted securities and to be held in escrow for a period of 24 months from commencement of official quotation.

2,250,000 unquoted options exercisable at 30 cents each on or before 25 November 2014 classified by ASX as restricted securities and to be held in escrow for a period of 24 months from commencement of official quotation.

1,200,000 unquoted options exercisable at 20 cents each on or before 25 November 2014 classified by ASX as restricted securities and to be held in escrow for a period of 24 months from commencement of official quotation.

1,500,000 unquoted convertible notes convertible at 15 cents each on or before 11 November 2013 classified by ASX as restricted securities and to be held in escrow for a period of 24 months from commencement of official quotation.

1,500,000 unquoted convertible notes convertible at 20 cents each on or before 4 May 2015 classified by ASX as restricted securities and to be held in escrow for a period of 24 months from commencement of official quotation.

Securities not quoted: 3,000,000 unquoted options exercisable at 10 cents each on or before 29 June 2013.

2,000,000 unquoted options exercisable at 6.25 cents each on or before 17 December 2013.

250,000 unquoted options exercisable at 25 cents each on or before 14 June 2014. 300,000 unquoted options exercisable at 30 cents each on or before 17 October 2014.

For further information please refer to the Company’s replacement prospectus dated 29 October 2012 and supplementary prospectus dated 15 November 2012.

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