BRIGHTSTAR RESOURCES LIMITED — Capital/Financing Update 2012

Jan 30, 2012

STONE RESOURCES AUSTRALIA LIMITED

31 January 2012

The ASX Announcements Manager

Level 8 Exchange Plaza

2 The Esplanade

PERTH W A 6000

Dear Sir/Madam,

CHANGE OF REGISTERED OFFICE ADDRESS

STONE RESOURCES AUSTRALIA LIMITED has relocated to new offices at 265 Great Eastern Highway Belmont. Our new phone numbers are 9277 6008 and Facsimile 9277 6002

Yours Sincerely

$\overline{z}$

Albert Longo Chief Financial Officer and Company Secretary

First Floor 265 Graet Eastern Highway, Belmont W A 6104 Telephone (618) 9277 6008 : Facsimile (618) 9277 6002 : ASX Code SHK Email info@a1minerals.com.au website www.a1minerals.com.au ABN 44 100 727 491 : ASX Code SHK : Member of AMEC

Rule 2.7, 3.10.3, 3.10.4, 3.10.5

Appendix 3B

New issue announcement, application for quotation of additional securities and agreement

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Introduced 1/7/96. Origin: Appendix 5. Amended 1/7/98, 1/9/99, 1/7/2000, 30/9/2001, 11/3/2002, 1/1/2003, 24/10/2005.

Name of entity

STONE RESOURCES ASUSTRALIA LIMITED

ABN

44 100 727 491

We (the entity) give ASX the following information.

Part 1 - All issues

You must complete the relevant sections (attach sheets if there is not enough space).

$\mathbf{1}$ ⁺Class of ⁺securities issued or to be issued

Ordinary Fully Paid Shares

• Number of +securities issued or 5,000,000 $\overline{2}$ to be issued (if known) or maximum number which may be issued
• 3 Principal terms of the *securities (eg, if options, exercise price and expiry date; if partly paid *securities, the amount outstanding and due dates for payment; if *convertible securities, the conversion price and dates for conversion)

⁺ See chapter 19 for defined terms.

4 Do the *securities rank equally in yes all respects from the date of allotment with an existing *class of quoted *securities? If the additional securities do not rank equally, please state: • the date from which they do • the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment • the extent to which they do not rank equally, other than in relation to the next dividend. distribution or interest payment 5 Issue price or consideration 2.5 cents each Purpose of the issue Shares issued pursuant to a Share Purchase 6 (If issued as consideration for the Plan announced to the ASX on 7^th November acquisition of assets, clearly 2011 identify those assets) 31^st January 2012 $\overline{7}$ Dates of entering *securities into uncertificated holdings or despatch of certificates Number *Class 8 Number and ⁺class of all Ordinary Fully Paid 623,969,854 *securities quoted on ASX
(including the securities in Shares clause 2 if applicable)

⁺ See chapter 19 for defined terms.

9 Number and ⁺class of a *securities not quoted on AS) (including the securities
clause 2 if applicable)

Number	*Class
9,500,000	Options expiring 30 November 2012 exercisable at 35 cents each
2,500,000	Options expiring 29 November 2013 exercisable at 20 cents each
1,800,000	Options expiring 23 February 2012 exercisable at 20 cents each
1,000,000	Options expiring 8 June 2012 exercisable at 30 cents each
1,050,000	Options expiring 8 June 2013 exercisable at 30 cents each

Dividend policy (in the case of a $N/A$
trust, distribution policy) on the $10$ increased capital (interests)

Part 2 - Bonus issue or pro rata issue

Is the issue renounceable or N/A non-renounceable?
Ratio in which the *securities will be offered	N/A
Class of securities to which the offer relates	N/A
to determine *Record date entitlements	N/A
different holdings on registers (or subregisters) be aggregated for calculating entitlements?	N/A

⁺ See chapter 19 for defined terms.

Appendix 3B
New issue announcement

17	Policy for deciding entitlements in relation to fractions	N/A
18	Names of countries in which the entity has *security holders who will not be sent new issue documents Note: Security holders must be told how their	N/A
	entitlements are to be dealt with. Cross reference: rule 7.7.
19	Closing date for receipt of acceptances or renunciations	N/A
20	Names of any underwriters	N/A
21	Amount of any underwriting fee or commission	N/A
22	Names of any brokers to the issue	N/A
23	Fee or commission payable to the broker to the issue	N/A
24	Amount of any handling fee payable to brokers who lodge acceptances or renunciations on behalf of *security holders	N/A
25	If the issue is contingent on *security holders' approval, the date of the meeting	N/A
26	entitlement Date and acceptance form and prospectus or Product Disclosure Statement will be sent to persons entitled	N/A
27	If the entity has issued options, and the terms entitle option holders participate to on exercise, the date on which notices will be sent to option holders	N/A
28	Date rights trading will begin (if applicable)	N/A
29	Date rights trading will end (if N/A

• See chapter 19 for defined terms.

applicable)

• 30 How do *security holders sell
  their entitlements in full through a broker?
• How do *security holders sell N/A $31$ part of their entitlements through a broker and accept for the balance?

	N/A
--	-----

⁺ See chapter 19 for defined terms.

32	How do *security holders N/A dispose of their entitlements (except by sale through a broker)?
33	*Despatch date	N/A

Part 3 - Quotation of securities

You need only complete this section if you are applying for quotation of securities

34 Type of securities (tick one)

$(b)$

• X Securities described in Part 1 $(a)$
• All other securities

Example: restricted securities at the end of the escrowed period, partly paid securities that become fully paid, employee incentive share securities when restriction ends, securities issued on expiry or conversion of convertible securities

Entities that have ticked box 34(a)

Additional securities forming a new class of securities

Tick to indicate you are providing the information or documents

• If the *securities are *equity securities, the names of the 20 largest holders of 35 the additional *securities, and the number and percentage of additional *securities held by those holders
• If the *securities are *equity securities, a distribution schedule of the additional 36 *securities setting out the number of holders in the categories $1 - 1,000$ $1,001 - 5,000$ $5,001 - 10,000$ 10,001 - 100,000 100,001 and over

37

A copy of any trust deed for the additional *securities

⁺ See chapter 19 for defined terms.

Entities that have ticked box 34(b)

38	Number of securities for which *quotation is sought	N/A
39	Class of *securities for which quotation is sought	N/A
40	Do the securities rank equally in all respects from the date of allotment with an existing class of quoted *securities? If the additional securities do not rank equally, please state: the date from which they do $\bullet$ the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment • the extent to which they do not rank equally, other than in relation to the next dividend. distribution interest or payment	N/A
41	Reason for request for quotation now Example: In the case of restricted securities. end of restriction period (if issued upon conversion of another security, clearly identify that other security)	N/A
42	Number class and οf all securities ASX quoted on (including the securities in clause 38)	Number	*Class

$+$ See chapter 19 for defined terms.

Quotation agreement

• *Quotation of our additional *securities is in ASX's absolute discretion. ASX $\mathbf{1}$ may quote the *securities on any conditions it decides.
• $\overline{2}$ We warrant the following to ASX.
• The issue of the *securities to be quoted complies with the law and is $\bullet$ not for an illegal purpose.
• There is no reason why those *securities should not be granted *quotation.
• An offer of the 'securities for sale within 12 months after their issue will not require disclosure under section 707(3) or section 1012C(6) of the Corporations Act.

Note: An entity may need to obtain appropriate warranties from subscribers for the securities in order to be able to give this warranty

• Section 724 or section 1016E of the Corporations Act does not apply to any applications received by us in relation to any *securities to be quoted and that no-one has any right to return any *securities to be quoted under sections 737, 738 or 1016F of the Corporations Act at the time that we request that the *securities be quoted.
• If we are a trust, we warrant that no person has the right to return the ۰ *securities to be quoted under section 1019B of the Corporations Act at the time that we request that the *securities be quoted.
• 3 We will indemnify ASX to the fullest extent permitted by law in respect of any claim, action or expense arising from or connected with any breach of the warranties in this agreement.
• 4 We give ASX the information and documents required by this form. If any information or document not available now, will give it to ASX before *quotation of the *securities begins. We acknowledge that ASX is relying on the information and documents. We warrant that they are (will be) true and complete.

Sign here:

...................................... (Company secretary)

Print name: Albert Longo.........

⁺ See chapter 19 for defined terms.