CATALINA RESOURCES LTD — Capital/Financing Update 2014

Sep 2, 2014

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SHREE MINERALS LTD

3[rd] September 2014

The Manager Companies Company Announcements Australian Securities Exchange Exchange Centre 20 Bridge Street SYDNEY NSW 2000 Dear Sir

Notice of under subscriptions - non-renounceable entitlement issue

Shree Minerals Ltd (“Shree”) wishes to advise that non-renounceable entitlement issue announced on 8[th] August 2014 closed on 29[th] August 2014.

The following table sets out the number of new shares subscribed for by eligible shareholders under the entitlement issue and the number of under subscriptions to the offer:

he offer:
**Entitlement issue offer **	**New **	Shares
Maximum of 20,293,334 Shares to be issuedpursuant to this Offer	20,	293,334
Entitlement issue subscriptions		594,404
Subscriptions under the shortfall offer		68,394
Shortfall	19,	630,536

Under the terms of the underwriting agreements, the Underwriters will subscribe for the underwritten shortfall shares representing 19,630,536 shares.

The company expects to issue 20,293,334 shares on 5[th] September 2014 in accordance with the entitlement issue timetable previously announced to ASX with the holding statements despatched on or around 8[th] September 2014.

Yours sincerely

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Sanjay Loyalka Chairman

SHREE MINERALS LTD, ACN 130618683 Unit 2, The Pines Business Centre, 88 Forrest Street, Cottesloe, WA6011 Phone: + 61 (08) 92861509, FAX: +61 (08) 93855194 www.shreeminerals.com