BREAKTHROUGH MINERALS LIMITED — Capital/Financing Update 2012

Oct 22, 2012

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23 October 2012

Company Announcement Officer Australian Securities Exchange

Dear Sir/Madam

INTRA ENERGY ENTERS DEBT FACILITIES TO FUND MINE EXPANSION

Intra Energy Corporation Limited (ASX:IEC) informs that two of the Group’s subsidiary companies in Tanzania, Tancoal Energy Limited (“Tancoal”) and AAA Drilling Limited (“AAA Drilling”), have each entered into a Term Loan Facility (“the Facility”), for $2.5m and $1.4m respectively, with the National Bank of Commerce in Tanzania (“NBC”) (ultimately controlled by Barclays Bank Plc).

Each Facility is secured against plant and equipment, and will release funds for mine expansion at the Tancoal Mine, the development of the Tanzacoal mine and other opportunities. IEC initially funded all plant and equipment from equity.

The Facilities are amortised over a three (3) year term and paid monthly. The interest rate charged will be a floating rate equal to the Bank’s USD base interest rate less a 2% per annum deduction. The current interest rate charged is 8% per annum.

The Executive Chairman, Mr Graeme Robertson, commented:

“Securing the debt facilities is an important milestone for IEC as it lowers the Group’s cost of capital, releases funds for mine development and expansion, and to pursue energy initiatives. We are pleased to have developed an important relationship with the NBC as the operations continue to expand in Eastern Africa”

For further information please contact:

Shareholder Enquiries Jonathan Warrand Executive Director & CFO Intra Energy Corporation Limited

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