Celsius Resources Limited — Regulatory Filings 2012

Jul 25, 2012

==> picture [282 x 106] intentionally omitted <==

26[th] July 2012

The Manager ASX Market Announcements Australian Stock Exchange Limited PO Box H224 Australia Square SYDNEY NSW 2000

Dear Sir/Madam,

CLARIFYING ANNOUNCEMENT - RESEARCH REPORT ON CELSIUS COAL LIMITED

On Tuesday the 24[th] July the Board of View Resources Limited – ASX:VRE (to be renamed Celsius Coal Limited – ASX:CLA) advised that Breakaway Research had recently released a report covering Celsius operations. To view a copy of the report, please visit our website at www.viewresources.com.au

As identified and disclosed in the report, the Board would like to advise that this research report has been commissioned by View Resources Limited (to be renamed Celsius Coal Limited).

Yours faithfully,

==> picture [97 x 36] intentionally omitted <==

Ranko Matic Company Secretary

Level 1, 12 Kings Park Road, West Perth WA 6005 PO Box 44, West Perth WA 6872 Ph: (08) 9226 4500 Fx: (08) 9226 4300 ACN 009 162 949