CADOUX LIMITED — Capital/Financing Update 2010

Mar 23, 2010

ACN 092 471 513

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Wednesday 24 March 2010

ASX Release

Please refer to the attached announcement to be lodged with the ASX by Freedom Eye Limited in relation the commencement of a drilling program at the Yarlarweelor Uranium Project.

For further information on the Company, visit www.resourcesempire.com.au

David Sargeant – Managing Director Phone: +61 8 9361 3100 Adrian Jessup – Executive Director Phone: +61 8 9361 3100

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YARLARWEELOR URANIUM PROJECT COMMENCEMENT OF DRILLING PROGRAM

Perth, Australia. 24 March 2010 : Empire Resources Limited, the current owner of E52/2095 (the Yarlaweelor Uranium Project), has informed Freedom Eye Limited that a drilling program at the Yarlarweelor Uranium Project is expected to commence on 2 April 2010.

Previous drilling on E52/2095 undertaken in the late 1970’s and early 1980’s demonstrated uranium mineralisation is open along strike and at depth in three zones within E52/2095. Grades identified by this previous drilling activity were up to 21 metres @ 404ppm U3O8 from 143m downhole including 8 metres at 708ppm U3O8. Details of the previous drilling are reported in the Freedom Eye Limited Prospectus dated 27 November 2009.

The diamond core drilling program scheduled to commence on 2 April 2010 is designed to confirm the uranium mineralisation located in the previously drilled percussion holes, with a further drilling program planned for the June quarter to further test known occurrences as well as more recently identified radiometric anomalies within the tenement.

The Yarlarweelor Uranium project is currently the subject of a transaction between Empire Resources Limited and Freedom Eye Limited, whereby Freedom Eye Limited is acquiring the project. The terms and conditions of this transaction are detailed in the Freedom Eye Limited Prospectus dated 27 November 2009 and Supplementary Prospectus dated 26 February 2010, which can be downloaded from the Freedom Eye Limited website (freedomeye.com.au).

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Further Information:

Russell Barnett Chairman Tel: (08) 9320 5138

The information in this report that relates to Exploration Results has been compiled by Mr. David Ross B.Sc(Hons), M.Sc. who is an employee of Empire Resources Limited. He is a member of the Australasian Institute of Mining and Metallurgy and the Australian Institute of Geoscientists. He has sufficient experience which is relevant to the style of mineralization and type of deposit under consideration and to the activity to which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. David Ross consents to the inclusion in the public release of the matters based on his information in the form and context in which it appears.

53 Canning Highway, VICTORIA PARK, WA 6100 Postal: PO Box 375, WEST PERTH, WA 6872 Tel: +61 8 9361 3100 Fax: +61 8 9361 3184 Website: freedomeye.com.au