CATALINA RESOURCES LTD — Capital/Financing Update 2010

Feb 17, 2010

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SHREE MINERALS LIMITED

SHREE MINERALS LIMITED

ANNOUNCEMENT- INTIAL PUBLIC OFFER PERIOD CLOSED AND ADMISSION TO THE OFFICIAL LIST OF ASX

18/02/2010

Following the closure of the offer period for the initial public offering as of 22[nd] January 2010, the company is pleased to announce applications exceeded the full subscription and in accordance with the prospectus, the company has accepted over subscriptions. The total funds raised amounts to $3,483,500.

The company is also pleased to announce its admission to the official list of the ASX as of 16[th] February 2010. Accordingly, all shares and options have been allotted.

The commencement of quotation occurred at 10.30am on the 18[th] February 2010.

For further information please contact:

Steve Ledger Company Secretary Shree Mineral Limited (ACN 130618683)

SHREE MINERALS LTD, ACN 130618683 Suite 1A, 46 Ord St, West Perth WA 6005 Phone: + 61 (08) 93869850, FAX: +61 (08) 93869853