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COPPERMOLY LIMITED Capital/Financing Update 2008

Jul 14, 2008

64690_rns_2008-07-14_3bb248f2-177b-4377-ae52-7bde4d0cde7a.pdf

Capital/Financing Update

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ADDRESS PHONE PO Box 6965 +61 (07) 5592 1001 Gold Coast Mail Centre FAX Qld 9726 Australia +61 (07) 5592 1011 EMAIL ABN 54 126 490 855 [email protected] WEBSITE www.coppermoly.com.au

ASX Announcement

15 July 2008

ALLOTMENT OF SECURITIES – ENTITLEMENTS ISSUE SHORTFALL

The Company has allotted 2,589,437 COYO options today, being the shortfall from the Entitlements Issue dated 30 April 2008.

An Appendix 3B in relation to the Entitlements Issue was lodged on 30 April 2008.

Yours faithfully, COPPERMOLY LTD

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Garry M. Edwards Company Secretary