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CADOUX LIMITED Capital/Financing Update 2010

Jan 19, 2010

64620_rns_2010-01-19_8909d046-bece-4a09-aeae-685edb3aef36.pdf

Capital/Financing Update

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==> picture [420 x 63] intentionally omitted <==

20 January 2010

The Manager ASX Limited (“ASX”) Company Announcements Office

Dear Sir

Yarlarweelor Uranium Project

Completion of Due Diligence

Freedom Eye Limited (‘the Company’) is pleased to announce that it has received notification from Empire Resources Limited that a Certificate of Exemption from the minimum exploration expenditure commitment on Exploration License E52/2095 (Yarlarweelor Uranium Project) for the period ended 19 August 2009 has been received from the Department of Mines and Petroleum.

With the receipt of this notice, the Company’s due diligence on the Yarlarweelor project is completed. Subject to the completion of the current capital raising and the Company receiving approval from the ASX that it complies with chapters 1 and 2 of the ASX Listing Rules, the Company’s acquisition of the Yarlarweelor Uranium Project and its transformation to a minerals exploration company, to be named FYI Resources Limited, will be complete.

Yours faithfully

Russell Barnett

Chairman

Unit 9, 8 Sarich Way, BENTLEY 6102 Postal: PO Box 1102 EAST VICTORIA PARK WA 6981 Tel: +61 8 9355 0399 Fax: +61 8 9472 0475 Website: www.freedomeye.com.au