Celsius Resources Limited — Share Issue/Capital Change 2013

Feb 24, 2013

25 February 2013

ASX Market Announcements ASX Limited 4[th] Floor, 20 Bridge Street SYDNEY NSW 2000

By Electronic Lodgement

Dear Sir/Madam

ISSUE OF 5,750,000 SHARES – SECONDARY TRADING NOTICE NOTIFICATION PURSUANT TO PARAGRAPH 708A(5)(e) OF THE CORPORATIONS ACT 2001 ("Act")

On 21 February 2013, Celsius Coal Limited (ASX:CLA) (“ Company ”) issued 5,750,000 fully paid ordinary shares (“ Shares ”) at an issue price of 2 cents per share. The Shares were issued pursuant to resolutions as approved by shareholders at a general meeting held on 23 January 2013.

Secondary Trading Exemption

The Act restricts the on-sale of securities issued without disclosure, unless the sale is exempt under section 708 or 708A. By the Company giving this notice, sale of the Shares and Options noted above will fall within the exemption in section 708A(5) of the Act.

The Company hereby notifies ASX under paragraph 708A(5)(e) of the Act that:

• (a) the Company issued the Shares without disclosure to investors under Part 6D.2 of the Act;

• (b) as at 25 February 2013 the Company has complied with the provisions of Chapter 2M of the Act as they apply to the Company, and section 674 of the Act; and

• (c) as at 25 February there is no information:

  • (i) that has been excluded from a continuous disclosure notice in accordance with the ASX Listing Rules; and

  • (ii) that investors and their professional advisers would reasonably require for the purpose of making an informed assessment of:

    • A. the assets and liabilities, financial position and performance, profits and losses and prospects of the Company; or

    • B. the rights and liabilities attaching to the securities.

Yours faithfully

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Grant Thomas Managing Director